Morgan Stanley reveals Gilt-Backed Growth plan

On each anniversary of the plan start date, the level of the FTSE 100 index is measured and if the index is equal to or above the start level, the kick out feature is triggered and investors "lock in" a fixed return of 7% a year. If investors choose to exit the plan, they will receive the fixed return plus their initial investment. The maximum return of 42% is achieved if the kick out feature is not triggered until the final year (six years times 7%). The plan also includes a 50% soft protection barrier, observed throughout the plan. UK government bonds are purchased to secure the cap...