Barclays unveils latest kick out plan

Barclays Wealth has rolled out the latest in its series of Defined Returns Plan Annual Kick-Out prod...

Barclays Wealth has rolled out the latest in its series of Defined Returns Plan Annual Kick-Out products. The five-year plan - called AKO 100 - will automatically mature and deliver its return on the first anniversary where the FTSE 100 matches or is higher than its starting point. This will mean returns of 12% in the first year, which will rollover each year if the trigger is not activated up to a maximum return of 60% in year five. For investors who want to bolster the chances of an early return, there is a second option - AKO 80 - which will deliver its return on the first annivers...