Guaranteed equity bonds?
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Abbey National do one.(amongst others)
Lasts 6 years.
Basically it tracks the FTSE and whatever it rises you get as a percentage rate of return.
If it falls you get your capital back at the end of 6 years.
Its a way of investing in shares with a bit of downside protection.
Anyone got one,or have any opinions?
Thanks
Paul...
Lasts 6 years.
Basically it tracks the FTSE and whatever it rises you get as a percentage rate of return.
If it falls you get your capital back at the end of 6 years.
Its a way of investing in shares with a bit of downside protection.
Anyone got one,or have any opinions?
Thanks
Paul...
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chiark
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16 June 2001 08:13 PM