Investec teams up with Lowes for eight-year structured product

The ‘8:8 Plan' is a structured product with an eight-year maximum term investment, aiming to offer a potential 3.75% return for every six months held (7.5% per annum) from the second anniversary. This is provided the FTSE 100 Index is no more than 8% down from the initial level, as recorded on 8 March 2018 - hence, the name ‘8:8 Plan'. The plan is designed to mature on one of 13 anniversaries from the second year onwards. If at the second anniversary the index is at 92% or above the initial level, the investment will return the original capital plus a gain of 15%, being 3.75% for each si...