Product groups woo investors

structured products

latest structured offerings provide exposure to FTSE 100 and guaranteed minimum returns

Investors looking to gain exposure to equities but with capital guarantees are being wooed by both National Savings & Investments (NS&I) and Citigroup. The two providers are both offering exposure to the FTSE 100 and guaranteed minimum returns of 115% after five years and 130% after six years, respectively. NS&I's latest guaranteed equity bond, which is linked to the FTSE 100, offers investors the higher of either a 15% gross return or 75% of any growth in the blue chip index over the life of the product. So, if the FTSE only rises by less than 20% over the term or the product, investor...