Eurolife Growth Plan II

Eurolife Fund Managers has launched a three year investment plan linked to a basket of FTSE stocks b...

Eurolife Fund Managers has launched a three year investment plan linked to a basket of FTSE stocks but the product does not feature a guarantee. The Eurolife Income or Growth Plan II aims to provide 11.25% annual income or 0.85% monthly income for three years. A £10,000 investment will provide £1,125 annual income or £85 per month for three years. Alternatively, a growth option is available on Plan II, aiming to provide 36% growth over the investment term. The Plan II is available as an Isa and allows the transfer in of existing Peps of £5,000 and above. Commission of 3% is available...