Woolwich structured plan

Woolwich Plan Managers has launched a structured product with growth based on the best of 13 UK inde...

Woolwich Plan Managers has launched a structured product with growth based on the best of 13 UK index readings taken over the past three years. The six-year Peak Performance Plan offers a minimum return at maturity of 100% of initial capital plus 70% of the rise in the FTSE 100 over the term. The final index value is taken as the highest closing level of the FTSE recorded on 13 quarterly observation dates throughout the final three years of investment. The levels with be taken in June, September, December and March. Structured as a medium-term note, the product will be available from 6 A...