Nationwide launches 100% return Guaranteed Equity Bond

17 May 2005
Nationwide launched a new Guaranteed Equity Bond (GEB) yesterday, offering returns equivalent to 100 per cent.

Linked to the FTSE 100 index, the new GEB has growth linked to the FTSE 100 index, and guarantees to return all the original capital invested, in addition to 80 per cent of any FTSE 100 index growth at the end of the five-year term.

Returns are made net of lower rate income tax - meaning the growth is equivalent to 100 per cent for basic and higher rate taxpayers.

"For those people who wish to invest in the stock market but are worried about the risks, guaranteed equity bonds are the investment solution," said Clive Parkinson, managing director of Nationwide Investments.

"Investors have the potential to benefit from stock market growth without putting their original investment at risk."

Nationwide is also offering an early investment bonus to those who secure their GEB early.
Investments made between now and May 28th 2005 will receive 0.40 per cent, those made between May 31st and June 11th will receive 0.30 per cent, and those made between June 13th and June 25th will receive 0.20 per cent.

Click here to find out more about investment bonds.

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