Gilliat launches 50/50 Deposit Series to beat the savings gap

The 50/50 Deposit Series invests 50% of capital in a one year deposit paying 5% gross fixed interest and the other half in a five year deposit paying returns based on half the rise in an underlying index supplied by RBS. The choice of three indices allows for investment in UK equities, global environmental equities or commodities, or a combination. Capital is protected at maturity. Adrian Neave, Gilliat managing director, says the product responds to demand for investments which offer higher returns than fixed deposits but also pay back the original capital. "This is exactly what o...