NDFA rolls out 15% kickout plan

NDFA has unveiled its latest kickout plan boasting annual returns of 15%. The FTSE 100-linked veh...

NDFA has unveiled its latest kickout plan boasting annual returns of 15%. The FTSE 100-linked vehicle can autocall on any anniversary when the index level is the same or higher than its starting level, or else will mature at the end of its six-year term. The group's 21st plan is capital protected with a 50% barrier, which if breached will see investors' nominal investment fall 1% for every 1% the FTSE is lower than its starting level. Ronan Gelling, NDFA's marketing manager says: "This latest plan needs no growth in the FTSE 100 to realise escalating payments that could be as much as ...