NDFA is offering its first income structured product since last June, giving annual payments of 8.25...
NDFA is offering its first income structured product since last June, giving annual payments of 8.25% over a five-year term. Its Fixed Income or Growth Plan also offers monthly payments of 0.66% over the period or a one-off amount at 45% at maturity. The product is linked to the FTSE 100 and Dow Jones EuroStoxx 50 and offers 50% downside protection. If that is breached and the indices fail to recover, capital is lost on a one for one basis. Ronan Gelling, marketing manager at NDFA, said the group is pleased to be able to price an income product at this time, with prevailing market c...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
