"The FTSE 100 Defensive Returns plan from Investec is a new entrant that stands out in the market since not only does it offer the potential for high returns if the FTSE goes up, it could also provide a healthy return on your investment in the event the FTSE falls.
If the FTSE goes up, you receive 100% of any increase over the investment term with no cap on your growth, but should the FTSE go down, you will still receive a return equal to any fall, capped at 50%. Your capital is at risk only if the FTSE falls below this level.
This plan therefore offers the potential for competitive returns, whichever way the FTSE goes."
Oliver Roylance-Smith, head of savings and investment
Learn more and find out how to apply for the Investec FTSE 100 Defensive Returns Plan »
This is a structured investment plan that is not capital protected and is not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the FTSE 100 Index.
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 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.