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 .
