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 .
