Two Morgan Stanley plans

structured products

FTSE 100-linked Protected growth and capital plus products carry 100% capital protection

Morgan Stanley is to offer a brace of structured products linked to the FTSE 100, with both offering 100% capital protection. The first plan, FTSE Protected Growth 5, has identical terms to the previous tranche, offering an early redemption option if the FTSE 100 has risen by 30% or more after three years. If the index has grown to that extent, the investor can either choose to receive 130% of initial investment at that point or allow the plan to continue on terms offered at the time. Investors will also be able to transfer the plan to another provider, although this will depend on Mor...