Version 20 of Abbey's Safety Plus Growth links to FTSE

Abbey has launched the latest version of its Safety Plus Growth (Issue 20), designed to provide capi...

Abbey has launched the latest version of its Safety Plus Growth (Issue 20), designed to provide capital protection and a minimum return of 23%. Available as an Isa or a direct share investment plan, Safety Plus Growth has a five-and-a-half-year investment term. Structured offshore, the offering links to the returns of the FTSE 100, which are measured every six months for the term of the product. The maximum return for every six-month investment period is 4% and, as there are 11 six-month periods over the term, the maximum returns is therefore capped at 44%. The minimum total investme...