Scottish Widows to offer Isa linked to 30 equities

Scottish Widows is to launch a capital-protected Dublin investment product offering a 10.25% annua...

Scottish Widows is to launch a capital-protected Dublin investment product offering a 10.25% annual income for three years or 33% after three years and two months. The Scottish Widows Stockmarket Growth 2 plc, is a Dublin-listed company, which invests in a basket of 30 FTSE 100 equities, which are equally weighted at 1/30th of the basket. Within the basket will be companies such as Abbey National, Vodafone, Barclays, BP Amoco, British Telecom, CMG, HSBC, Marconi, Misys, Reuters and BSkyB. Investors can access the product directly through shares in the company or through an Isa or Pep t...