Barclays Wealth Target Growth plan offers new payment structure Go compare with our comparison table

Barclays Wealth Target Growth plan offers new payment structure

07 January 2010 / by Andy Davies

Barclays Wealth has announced the reissue of its Target Growth Plan with a new payoff and capital protection structure.

Already available, the new edition of the Target Growth Plan uses an alternative method to calculating the investment return for investors.

Where in previous issues the index will have been observed on the final day of the investment term, the new issue offers investors a fixed return of 50 per cent at maturity provided the FTSE 100 has traded at, or exceeded its starting level at any point during the final three months of the investment term.

Investors can expect to receive their capital in full unless the index fails to trade above 50 per cent of its starting at any time during the last three months of the investment. In this event, capital would be lost 1:1 with the index.

Commenting, Lisa Chaudhuri, Barclays Wealth manager said: "Fixed rate style investments remain popular with investors and advisers seeking to build some certainty into portfolios which are still, in the main, highly exposed to market falls.

"Our latest Target Growth is designed to deliver an attractive return even if the FTSE 100 makes little progress over the coming years; and its new protection structure means that we have mitigated the risk of observing the FTSE 100 level on the final day and now observe the most favourable position FTSE 100 over the final three months."

© Fair Investment Company Ltd

 

 Product NameISA OptionMaximum Potential ReturnTermMore Info
FTSE 100 Enhanced Kick Out Planyes

10%

per annum

Up to
6 years
More Info >
Structured investment plan with the potential to mature after years 1, 2, 3, 4, 5 or 6. If the plan matures early it will return 10% times the number of years the plan has been in force. Also available for Stocks & Shares ISA and ISA transfer.
FTSE 100 Defensive Kick-Out Planyes

7.75%

per annum

Up to
6 years
More Info >
Structured investment plan with the potential to mature after years 3, 4, 5 or 6. If the plan matures early it will return 7.75% times the number of years the plan has been in force. Also available for Stocks & Shares ISA and ISA transfer.
Kick Out Deposit Planyes

3%

per annum

Up to
6 years
More Info >
Capital protected deposit plan with the potential to mature after years 3, 4, 5 and 6. If the plan matures early it will return 3% times the number of years the plan has been in force. Also available for Cash ISA and ISA transfer.
FTSE Defensive Kick Out Planyes

7.30%

per annum

Up to
6 years
More Info >
Structured investment plan with the potential to mature after years 2, 3, 4, or 5. If the plan matures early it will return 7.30% times the number of years the plan has been active. Also available for Stocks & Shares ISA and ISA transfer.
4 Year Deposit Planyes

12%

at end of term

4 yearsMore Info >
4 year capital protected structured deposit plan which aims to return 12% if the FTSE 100 is higher. Also available for Cash ISA and ISA transfer.
6 Year Defensive Deposit Planyes

24%

at end of term

6 yearsMore Info >
6 year capital protected structured deposit plan which aims to return 24% if the FTSE 100 is higher than 95% of Initial Level. Also available for Cash ISA and ISA transfer.
FTSE Step Down Kick Out Planyes

7.15%

per annum

Up to
6 years
More Info >
Structured investment plan with the potential to mature after years 2, 3, 4, or 5. If the plan matures early it will return 7.15% times the number of years the plan has been active. Also available for Stocks & Shares NISA and NISA transfer.
Retirement Deposit Planyes

3.75%

per year, plus 22.5% at end of term

6 yearsMore Info >
6 year capital protected structured deposit plan which pays 3.75% annually from capital with a potential 22.5% at the end of the term if the FTSE 100 is higher. Available for Cash ISA and ISA transfer.

The value of investments and any return from them can fall as well as rise and you may not get back the full amount invested. Please ensure that you read the Important Risk Information below.