keydata, scottish mutual and norwich union all offer five-year terms
KeyData, Scottish Mutual and Norwich Union have all launched five-year structured products linked to the FTSE 100. There are two options available on the KeyData Extra Income Plan (Issue 7), option one offers 7.5% annual income or a 40% growth payment at the end of the term, while option two offers 5.75% annual income or a 30% growth payment. For those who opt for option one, their capital will be returned in full as long as the FTSE does not fall by 30% or more during its investment term. If it does fall below this level, the capital will be lost at a rate of 2:1 from the initial level...
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