Protected bond from Scot Life

Scottish Life International is to launch a capital protected bond at the end of the month with retur...

Scottish Life International is to launch a capital protected bond at the end of the month with returns linked to a basket of three indices. Launching on 27 October, the Protected Bonus Bond will provide 100% capital security and the opportunity for growth over a six-year and two-month term. The minimum potential return is 18%, while the maximum is 54%. Investors receive annual bonuses linked to the performance of the FTSE 100, Euro Stoxx 50 and S&P 500. Providing the closing levels of the indices are at or above their respective starting levels throughout the 10 working days prior t...