Financial Services > Investments > Investments News

New investment option from Nationwide
Mon, 23 Oct 2006
Nationwide has launched a new tranche of its guaranteed equity bond .

The company guarantees that the option will return the original investment, with an additional ten per cent or 55 per cent of any growth in the equities market, whichever amount is greater.

Nationwide will also offer an early investor bonus to customers, which will increase investments made between October 23rd and December 16th 2006 by up to 0.55 per cent.

Clive Parkinson, managing director of Nationwide Investments, said: "The Nationwide guaranteed equity bond [GEB] is ideal for those people who wish to invest in the stock market, but have concerns about the risk involved.

"The GEB not only offers peace of mind to the investor by providing a capital guarantee but also goes one step further.

Mr Parkinson adds that the investment option is linked to UK, European and Japanese stock markets, which potentially benefits customers by providing exposure a wider range of companies.

Nationwide offers a number of investment options, including child trust funds and equities-based individual savings accounts .

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