Further tranche of Growth Plan from Keydata

Structured products

Keydata has launched a further tranche of its Innovative Growth Plan linked to the FTSE 100, which o...

Keydata has launched a further tranche of its Innovative Growth Plan linked to the FTSE 100, which offers the potential for gains, even if the index falls. The product offers 100% capital protection. If the final index value is above that at the outset, it gives 75% participation in the rise of the FTSE over the six-year term uncapped. If the market falls, on the other hand, the product offers 100% capital protection plus 1% growth for every 1% the index is below its starting level capped at a maximum of a 30% gain. Open until 18 June 2004, the strike date on the product is 2 July and ...