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Up to 5.75% per year on your savings with full capital protection

Up to 5.75% per year on your savings with full capital protection

29 June 2012 / by Oliver Roylance-Smith

The potential to beat fixed rate savings...

“The latest version of Investec’s Kick Out Deposit Plan offers a potential 5.75% per year (not compounded), along with capital protection and the opportunity to mature early. The plan will mature early or ‘kick out’ provided the FTSE 100 is higher than its starting value at the end of years 2, 3, 4 or 5 (subject to averaging).

Leading 5 year fixed rate bonds are currently offering businesses around 4.00% per year so this plan offers the potential for an additional return of 1.75% on the basis that if the FTSE is never higher on any of these dates, you will only receive a return of your capital.

The outlook for longer term fixed rates is to remain low and with the possibility of increasing inflation, this plan could be an attractive addition to your savings portfolio. The minimum deposit is £3,000."

Oliver Roylance-Smith, head of investments and savings

Lean more and request a brochure for the Investec Kick Out Deposit Plan »

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.

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.