Britannia International reissues Guaranteed Capital Bond

Guaranteed Capital Bond Issue 2 pays a fixed return of 5% gross/AER for each year where the FTSE 100 Index does not fall below 75% of the start value taken at the close of business on 19 October. No withdrawals are permitted within the six year term. Available until 5 October, minimum investment is £5,000, with a ceiling of £1m. However, the bond may be withdrawn from sale early if fully subscribed. IFAs receive 2% commission on the bond. Mark Beresford, managing director at Britannia International, says many people are still cautious about investing directly in the stock market in...