First of all, it is a 10 year term, so your money could be locked away for 10 years and you can't access it. The capital guarantee on it doesn't apply if the value falls by 50%, so you may get less than half your money back after it being locked away for 10 years. It is an unsecured debt, so you can sing for your money if the fund goes bust.
It offers the potential of earning a return of 9% per annum if the fund is at or above the Autocall Barrier. In the quick glance I had at the document, I couldn't see what the Autocall Barrier was. Given interest rates on deposits, which are safe and secure is 0%, you have to take risk to get a return of 9%.
If you want a return of 9%, invest in a global equity fund that you can access at any time yourself. This products are rubbish and nothing but a way for the producers to make money off other people's savings.
Steven
http://www.bluewaterfp.ie (www.bluewaterfp.ie)