"With the FTSE 100 falling just over 8% since the start of the month, we're reminded that there are a number of plans which combine the potential upside of stock market linked returns with the peace of mind that full capital protection brings.
If you think the FTSE could go up in the medium term then Legal & General’s 6 Year Growth Deposit Bond could be for you. The plan provides a return equivalent to any rise of the FTSE (capped at 50% of your original investment), with a minimum return of 9% whatever happens.
Capital protection is provided by the Royal Bank of Scotland and you can use your cash ISA allowance, transfer existing cash ISAs or invest directly, making this an attractive addition to the options available to savers."
Oliver Roylance-Smith, head of savings and investment
The past performance of the FTSE 100 Index is not a guide to its future performance.
Find out more and apply for a brochure for the L&G Growth Deposit Bond »
This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term. The past performance of the FTSE 100 Index is not a guide to its future performance.
If you are at all unsure of the suitability of this type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.