Abbey has launched four capital guaranteed
bonds linked to equities in the UK, US, Hong Kong and Japan which
could interest those hoping to make shrewd investments.
The bonds will fit into tax wrappers provided by
individual savings accounts, pension arrangements and offshore
bonds.
All the bonds offer capital guarantee and are five year investment
plans with customers required to make a minimum investment into the
bonds of £3,000.
Head of intermediary business development at Abbey Financial
Markets Gary Dale spoke of a movement away from traditional asset
classes to more esoteric markets.
There is also a keen interest re-emerging in the US markets
and the added protection provided by capital guarantees creates
additional interest and momentum to clients looking to invest more
globally, he added.
Abbey has stated that the investment bonds have been designed to
meet client needs or coincide with the maturity of existing client
investments.
In other news today, savings account holders were warned by
Moneysupermarket.com that some savings providers are too slow at
passing the benefits of a base rate change onto customers.
