Abbey launches latest investment plan

Fri, 27 Oct 2006

Abbey has announced the launch of its latest Guaranteed Growth Plan investment option.

The plan guarantees to return the original investment, if left untouched for the full term - five and a half years.

Furthermore, a guaranteed growth of 21 per cent will be returned when the investment matures, although this could potentially rise to a maximum of 55 per cent.

The investment, which carries a minimum of £1,500, is linked to the performance of the FTSE 100, with growth in the equities market reflected in the returns received.

Pak Chan, head of investments marketing at Abbey, commented: "Abbey research has shown that investors who are cautious of investing in the stock market are attracted by the possibility of protecting their capital .

"The Abbey Guaranteed Growth Plan aims to address this by guaranteeing to protect people's initial investment and also give them a guaranteed minimum return if held to maturity."

Abbey offers a range of financial services for UK investors, including options which are designed to provide growth and regular income .

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