Balanced Growth Account - Issue 1
100% Capital Protection at Maturity
The Balanced Growth Account offers 100% capital protection at maturity provided by Investec Bank plc (Irish Branch) giving you the potential for stock market related returns without any downside risk over the three year nine month investment term.
Follows Major Stock Market Indices
The interest payable on the Balanced Growth Account is dependant on the performance of two world renowned stock market indices, the S&P 500 Index relating to stocks from the United States and the Dow Jones Euro Stoxx 50 Index relating to stocks from the Euro zone.
100% participation with up to 40% growth (Gross AER 9.39%)
The Balanced Growth Account gives investors the opportunity to take advantage of a stock market recovery in the U.S. and Euro zone markets participating fully in the growth of an equally weighted basket of the two indices up to a maximum return of 40% (AER 9.39%).
I received information on the above account today from Investec bank.
It seems like a good deal - 100% capital security while also allowing potential for up to nearly 10% a year growth.
Any opinions?
Any banks offering similar?
100% Capital Protection at Maturity
The Balanced Growth Account offers 100% capital protection at maturity provided by Investec Bank plc (Irish Branch) giving you the potential for stock market related returns without any downside risk over the three year nine month investment term.
Follows Major Stock Market Indices
The interest payable on the Balanced Growth Account is dependant on the performance of two world renowned stock market indices, the S&P 500 Index relating to stocks from the United States and the Dow Jones Euro Stoxx 50 Index relating to stocks from the Euro zone.
100% participation with up to 40% growth (Gross AER 9.39%)
The Balanced Growth Account gives investors the opportunity to take advantage of a stock market recovery in the U.S. and Euro zone markets participating fully in the growth of an equally weighted basket of the two indices up to a maximum return of 40% (AER 9.39%).
I received information on the above account today from Investec bank.
It seems like a good deal - 100% capital security while also allowing potential for up to nearly 10% a year growth.
Any opinions?
Any banks offering similar?