Barclays Wealth unveils new Defined Returns Kick-Out plan

An investment return will be realised on any anniversary – from the second onwards – where the FTSE 100 index is at or above its starting level, offering a return of 7.25% for each year the investment is in force; capital will then be repaid and the investment will come to an end. For example, if the FTSE 100 is at or above its starting level at its second anniversary, investors will receive 14.5% and their capital will be repaid. If this occurs on its third anniversary, investors will receive 21.75%; and so on up to 43.5% on its sixth and final anniversary. If there has been no early...