A structured investment plan from Morgan Stanley has been awarded five stars at Moneyfacts.co.uk.
The Morgan Stanley Protected Growth Plan 31 is a six year structured investment plan with a minimum investment of £3,000, and investors will get the full growth of the FTSE 100 with no cap on the overall return provided the investment is held and runs to maturity. The original investment will also be returned.
The Plan also offers an early kick-out option which pays 21 per cent if the FTSE 100 has risen by 15 per cent or more after three years, "offering investors the possibility that they could consolidate their gain without having their investment tied up for the full term," Moneyfacts claims.
The product closes on January 18 2010, and the start date for the plan is February 8 2010, and the Plan is available within an ISA wrapper and as an ISA transfer as well as in a SIPP and as a standalone investment.
Commenting on the stars, Marc Chamberlain, executive director at Morgan Stanley said: "The Protected Growth Plan has been our longest running and most popular product offering.
"We are therefore delighted to have been awarded 5 stars by Moneyfacts."
© Fair Investment Company Ltd