Arc launches second Bull and Bear Tracker

The new six-year capital protected product provides growth equal to the rise in the FTSE 100 index over its lifespan on a one-for-one basis, or growth equal to any fall provided the index does not drop by more than 50pc. Christopher Rowe, chairman of ARC, said: “The first version of this product proved very popular and while the FTSE 100 seems to have stagnated for the time being, we would expect that in six years time it would have progressed. “Nevertheless, there is protection so the Index could fall below the initial level and still provide a reasonable return.” If the index doe...