The Opportunity for Growth and a Guaranteed ReturnIf you like the idea of a return linked to FTSE 100 growth, but are concerned by the unpredictablity of the markets, the Skipton Capital Protected Double Asset Bond may offer you a solution. In simple terms it is a building society account, so your capital is protected. However you could benefit from a return linked to the FTSE 100.
- One third of your investment is invested in a 1 Year Fixed Rate Bond with a guaranteed rate of 5% Gross pa/AER until 22 September 2011.
- Two thirds of your investment is invested into an Index Linked Bond which offers a return of 100% of any positive growth in the FTSE 100 index over the 5 ½ year investment term.
- Maximum growth you can receive is 50%.
- Covered by the Financial Services Compensation Scheme up to £50,000 for an individual investor*
- Capital Protected Investment**
- Fixed Rate Bond Investment Term - 1 Year
- Index Linked Bond Investment Term - 5 ½ Years
- Minimum Investment - £3,000
- Maximum Investment - £250,000
- You may withdraw up to 50% of your initial investment from the 1 Year Fixed Rate Bond during the 1 year term.
- No Capital Gains Tax Liability
- 100% of your investment is held by Skipton Building Society
- Deadline: 7 September 2010
*Subject to the Scheme's eligibility criteria - see brochure for details.
** The capital protected feature is provided by Skipton Building Society and this depends on the ability of Skipton Building Society to repay the monies.