New GEB from Nationwide

12 December 2005
Nationwide has created yet another new investment bond, due to the popularity of similar products.

The building society's Guaranteed Equity Bond (GEB) is linked to the FTSE 100, Nikkei 225 and DJ EuroSTOXX 50 indices.

The five-year bond guarantees return of the initial investment plus ten per cent guaranteed growth or up to 55 per cent of the growth of the value of the indices - whichever is greater.

Clive Parkinson, managing director of Nationwide Investments, said: "A Guaranteed Equity Bond is ideal for those people who wish to invest in the stock market but have concerns about the risks involved.

"The Nationwide GEB not only offers peace of mind to the investor by providing a capital guarantee but also goes one step further.

"It guarantees a minimum return of ten per cent - so the return is always more than the original amount invested."

There is also an early investor bonus for customers who invest before January 21st 2006.

To read more about Savings, click here.


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