Barclays Wealth structured product matures early Go compare with our comparison table

Barclays Wealth structured product matures early

05 March 2010 / by Andy Davies

Barclays Wealth has announced that one of its structured products has matured earlier after only one year, delivering a return of 13.5 per cent to investor as well as their original investment.

Launched back in December 2008, the Barclays Defined Returns Plan Annual Kick-Out (AKO) automatically matured and delivered its stated return when the FTSE 100 closed above the required strike level of 4034.13 on 17 February 2009.

To coincide with the early maturity of this plan, Barclays Wealth has now introduced a one-off investment – a maturity edition of the Defined Return Plan AKO – targeted at investors looking to re-invest their capital.

The five-year investment, which is only available to investors of the original product, offers a fixed return of eight per cent for every year that it is in force and is designed to automatically mature on any anniversary when the FTSE 100 is at or above its starting level. If however the index falls below 50 per cent of its starting level and is below its starting level at maturity, investors will lose capital on a 1:1 basis.

Commenting, Lisa Chaudhuri, vice president at Barclays Wealth said: "With many industry commentators doubting the strength of the recovery, Annual Kick-Outs continue to be in high demand from investors looking for products that take advantage of moderate growth.

"And while investors may have been able to find superior returns over the last twelve months by taking on more risk, a pay-out of 13.5% after just one year, coupled with a strong buffer against potential loss, should be a pleasing return for any investor."

© Fair Investment Company Ltd

Apply for the Barclays Defined Returns Plan Annual Kick-Out (February 2010 addition) here

 

 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

8.0%

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 8% 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

7.50%

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 7.5% 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

7.0%

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% times the number of years the plan has been active. Also available for Stocks & Shares NISA and NISA transfer.
Mid-Term Kick Out Deposit Planyes

10%

after 3 years, or 18% after 6 years

Up to
6 years
More Info >
Capital protected deposit plan with the potential to mature early after year 3. If the plan matures early it will return 10%. Also available for Cash ISA and ISA 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.