Barclays Wealth has launched a new FTSE 100-linked investment aimed at adventurous growth seekers.
The Superstriker Plan offers investors the chance to receive twice the rise in the index, with a maximum potential return of 50% after five years. It also includes a feature where the initial index level – usually defined as a set starting date – is measured as either the lowest closing level of the index on any of the first seven monthly observations, or 75% of the closing level of the index based on the first observation date, whichever is greater. Capital will be lost if the FTSE 100 index reaches a level more than 50% below its initial index level at any time during the term of th...
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