Further tranche of Growth Plan in pipeline from NDF

NDF is to launch a further tranche of its six-year Growth Plan this month offering capital protectio...

NDF is to launch a further tranche of its six-year Growth Plan this month offering capital protection plus 100% of the rise in the FTSE 100 over the term. A tracker-style growth product structured as a Dublin Isa, the product will return 100% of initial capital unless the index falls by 50% or more during the term and fails to recover to its initial level by maturity. If this does occur, capital falls on a one-for-one basis. There are also early maturity features if the index is the same or higher than its initial level on any of the anniversaries over the six-year term, with the payout r...