Barclays Wealth has reissued its flagship structured deposit aimed at those seeking an alternative to traditional deposit accounts.
Linked to the FTSE 100, the Wealthbuilder aims to provide depositors with a maximum return of 31.2% after six years. The deposit, which was first launched for retail investors in September, locks in 5.2% on each anniversary when the index is at or above its starting level. If the index is below its starting level on any anniversary, no return will be locked in. Investors' full capital is returned at maturity, irrespective of market performance. However, if investors withdraw from the product before maturity, some of their capital may be lost. Lisa Chaudhuri, vice-president of Barclays...
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