Blue Sky's low-risk structured plan offers 8% growth

Blue Sky Asset Management has rolled out what it believes is a low-risk structured product on the ba...

Blue Sky Asset Management has rolled out what it believes is a low-risk structured product on the back of last week's base rate cut. The fund is offering an 8% annual growth potential - but the plan has only a 10-day offer period. With rates predicted to fall further, Blue Sky warned investors could suffer from negative interest rates. As such, the group deems the plan, The Capital Accumulator Auto-Call - Defensive Plan, a tactical, short-term solution which sidesteps the volatility in equity markets. Chief executive Chris Taylor says: "In this investment environment investors need ...