Barclays Wealth has reissued its Defined Returns plan Annual Kick-Out (AKO) with improved rates.
The plan has two options: The AKO 100's value will be realised on any anniversary - from the first onwards - where the FTSE 100 is at or above its starting level. This option offers investors a return of 10% for every year the investment is in force. Meanwhile, the AKO 80 will deliver its stated return on any anniversary - from the second onwards - where the FTSE is at or above 80% of its starting level. This option delivers a return of 7.5% for every year the investment is in force. Capital will be reduced if the index closes below 50% of its starting level at maturity. In both op...
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