Scottish Widows has launched its second structured product Oeic, the Protected Capital Solutions fun...
Scottish Widows has launched its second structured product Oeic, the Protected Capital Solutions fund. Available until 3 July, the new cliquet-structured Protected Capital Solutions fund is linked to the FTSE 100 index and has a three-and-a-half year term, complementing Widows' existing six-year Capital Protected product. However, unlike the capped-call Capital Protected fund, the Protected Capital Solutions' payout follows the performance of the FTSE 100 index during the six set periods in the product's life. FTSE 100 performance over each period is limited to between -3.5% and 3.5%,...
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