Barclays Wealth launches Defined Returns plans

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Barclays Wealth is set to launch two Defined Returns plans designed to offer investors in unprotected equities greater security in a turbulent market.

The DRP Capital Protection and DRP Annual Kick-Out products offer investors full capital protection when held for their full terms and with their return dependent on whether the FTSE 100 is equal to or higher than its level at the starting date, when the plan reaches maturity. Available from 1 October, the DRP Capital Protection plan offers three options delivering a fixed return of 20% for a three year option, 30% for a four year option or 40% for a five year option. DRP Annual Kick-Out investors will get a fixed return, plus their original capital back after one year, should the index...

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