Newcastle offers clean energy product with 100% protection

Newcastle Building Society's intermediary arm has launched a structured product targeting the clean e...

Newcastle Building Society’s intermediary arm has launched a structured product targeting the clean energy sector. The Newcastle Intermediary Services Clean Energy product will track a basket of 20 clean energy shares like-for-like and investors have the additional benefit of 100% capital protection. The group said the energy sector has the potential to outperform more traditional markets over the next five years. It will be open until 10 October and the minimum investment required will be £500. Newcastle senior marketing executive Steve Urwin said sectors such as technology, equipme...