Jubilee Financial Products has unveiled a new structured product plan, offering investors three times the growth of the FTSE 100 over five years, up to a 50% return.
The Optimised Growth plan also uses a ‘lookback’ feature to reduce the impact of timing risk. The starting point is the lowest daily closing level of the FTSE during the first three months of the investment term. Capital will be returned at maturity provided the index has not fallen by 50% or more. In this event, capital will be reduced commensurate with the percentage amount the index is lower than the initial level. “The uncertainty over whether the current market rally can be sustained, and whether there will be another leg down before the recovery starts in earnest, means invest...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes