Scottish Widows launch Isa

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Scottish Widows has launched the Extra Income & Growth Plan 4, available as a single premium investm...

Scottish Widows has launched the Extra Income & Growth Plan 4, available as a single premium investment or an Isa. The plan will invest in shares of Waverley Stock Market Growth 3, a closed-ended variable capital investment company listed on the Irish Stock Exchange, which has gained approval by the Central Bank of Ireland. The return of the initial investment is dependent upon a basket of 30 blue chip stocks from the FTSE 100 Index each equally weighted at 1/30 of the value of the basket. The stocks include major companies such as BP Amoco, Cadbury Schweppes, Sainsbury and Vodafone. ...

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