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I've invested a few pennies in this......It offers:
a return of 13% pa (not compounded) if the FTSE100 is above its starting point on 2nd, 3rd, 4th, 5th or 6th anniversary;
or return of capital only if FTSE is 60-100% of its start point on maturity;
or loss of equivalent % if FTSE is less than 60% of its start point on maturity.
a return of 13% pa (not compounded) if the FTSE100 is above its starting point on 2nd, 3rd, 4th, 5th or 6th anniversary;
or return of capital only if FTSE is 60-100% of its start point on maturity;
or loss of equivalent % if FTSE is less than 60% of its start point on maturity.
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