Barclays Wealth adds 'reserve' option to Target Growth plan

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Barclays Wealth has reissued its Target Growth plan with a new option giving investors an additional safety barrier for their capital.

The 5-year plan has two distinct risk/reward investment options. Its standard option gives investors a fixed return of 47.5% plus full repayment of capital at maturity providing that the FTSE 100 does not fall below 60% of its strike level during the term. Should this happen, both the return and investors' capital would be lost 1:1 with the index. The new reserve option will return 40% plus investors' capital in full at maturity providing that the index does not drop below 60% of its strike level during the term. However, should the FTSE 100 drop below this barrier level, neithe...

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