Barclays Wealth has launched new Wealthbuilder fixed-term deposit and Defined Returns Plans.
Wealthbuilder is aimed at investors seeking an alternative to traditional deposit accounts. Offering a potential maximum return of 30.9% after six-years, Wealthbuilder locks in a 5.15% return on each anniversary where the FTSE 100 is at or above its starting level. Investors’ capital will be fully returned at maturity, irrespective of market performance. However, if investors withdraw from the deposit before maturity, capital may be lost. The Wealthbuilder has been created especially for investors who are seeking to avoid the problems often associated with market timing, as it offers six...
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