Facebook flotation values the company at $104 billion
18 May 2012
Fri, 04 Jun 2010
The latest edition of the Growthbuilder has been released by Barclays Wealth, offering investment opportunities that deliver competitive returns in low growth market conditions.
Investors will be given a 6.6 per cent locked-in return for each year that the FTSE 100 is at or above its starting level, and the product matures after six years, with capital fully returned.
With a minimum investment of £5,100, the Growthbuilder could return a maximum of 39.6 per cent a year, depending on the performance of the FTSE 100.
Lisa Chaudhuri, vice president at Barclays Wealth, said: Continuing uncertainty stemming from the crisis in the eurozone is making transparent lock-in investments, such as our Growthbuilder, an attractive proposition for investors.
The lock-in feature helps to mitigate the ongoing issue of market timing, while the knowledge that capital will be repaid in full at maturity is added reassurance in volatile markets.
Meanwhile, the firm recently announced that its Defined Returns Plan Annual Kick-Out investment product had delivered returns after just one year.
