Investment ISA – Potential 10.25% In Just 12 Months
.. Even if the FTSE rises by only a single point…
“The Enhanced Kick Out Plan from Investec is our best-selling growth investment, and with the latest issue offering the potential for double digit returns in as little as 12 months, it continues to be popular with both new and existing investors.
The plan offers 10.25% for each year invested (not compounded), provided the value of the FTSE 100 Index at the end of each year is higher than its value at the start of the plan. For example, if the plan ‘kicks out’ in year 2, you would receive 20.50% growth, or in year 5 you would receive 51.25% growth, in addition to your initial investment back in full.
Should the FTSE be lower at the end of every year for the full six year term, no growth return is achieved, and your initial capital is returned unless the FTSE has fallen by more than 40%. If it has, your initial capital is reduced by 1% for each 1% fall, so your capital is at risk.
Plans which offer double digit returns even if the stock market stays relatively flat, might be appealing to a range of investors, and if so, this one is definitely worth a closer look.”
Oliver Roylance-Smith, head of savings and investment