Bristol &; West is to reissue its Dynamic FTSE Guaranteed Equity Bond (GEB) and its Capital Secure I...
Bristol &; West is to reissue its Dynamic FTSE Guaranteed Equity Bond (GEB) and its Capital Secure Income Bond. The constant portfolio protection insurance (CPPI)-based products will be distributed via Millfield. The terms on both products will be unchanged from the current issues. The Capital Secure Income Bond, based on a basket of 32 FTSE blue chips, will pay 7% gross annually, unless, for example, a price fall of more than 45% in one of the stocks from its strike level should occur. Dynamic FTSE GEB is 100% capital secure and allocates between the FTSE 100 and cash, with participati...
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