The Opportunity for High Growth Returns
The Legal & General 6 Year Growth Deposit Bond 24 is a six year structured deposit plan linked to the performance of the FTSE 100 Index (‘the Index’).
The objective of the Plan is to provide a full repayment of capital at maturity, plus 200% gross of any growth in the Index after 6 years, capped at a maximum 35% of your original investment. Growth in the Index is measured by comparing the Final Index Level to the Initial Index Level. If at maturity, the Final Index Level is equal to or lower than the Initial Index Level you will not receive an investment return but your original capital will be repaid.
For example based on a £10,000 investment, if after 6 years the Final Index Level is 10% above the Initial Index Level then you will receive £2000 gross (200% of the growth) plus your original capital. If the Index has gone up by 30%, you will receive £3500 gross (200% of the growth, capped at 35% of your original investment) plus your original capital.
The Plan is available for cash ISA, ISA Transfer, Direct Investment, as well as SIPP and SSAS pension investments. It is also available to businesses, charities and trusts.
Potential return: 200% of any rise in the FTSE 100 Index, capped at a maximum 35% of your original investment
Capital protected product*
- Eligible for the Financial Services Compensation Scheme up to £85,000 for an individual or up to £170,000 for a joint deposit account
- Investment term: 6 Years
- Minimum single investment: £500
- Maximum ISA investment: £5,760
- Cash ISA transfers accepted
- No maximum total investment
- Also available to businesses, charities and trusts
Investment deadline ISA transfers: 7 February 2014
Investment deadline for direct and ISA investment: 24 February 2014
*The return of your initial deposit depends on the ability of the deposit taker (Cater Allen Private Bank) to repay your money.
For investments within this product of £100,000 or more processed through Fair Investment Company Limited, we will pay you Cashback of 1%. E.g. If you invested £100,000 into the above plan through Fair Investment Company Limited, we would send you a cheque for £1000 four weeks after the start date of the plan.