Barclays Wealth has confirmed the success of its Defined Returns Plan Annual Kick-Out investment product after just one year.

The plan has matured and delivered investors a return of 13.5 per cent because the FTSE 100 ended above the strike level of 4034.13 on February 17th, precipitating the kick-out.

Lisa Chaudhuri, vice president, Barclays Wealth, says the product has helped investors take advantage of the economic recovery, which has seen moderate growth return to markets.

She added: While investors may have been able to find superior returns over the last twelve months by taking on more risk, a pay-out of 13.5 per cent after just one year, coupled with a strong buffer against potential loss, should be a pleasing return for any investor .

Barclays recently reissued the Defined Returns Plan Annual Kick-Out, offering investors a return of 7.75 per cent for every year the FTSE 100 finishes above its starting level from the second year onwards.