NatWest investment offered with 'capital guaranteed'
www.moneynews.co.uk > General finance > NatWest investment offered with 'capital guaranteed'
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Money News |
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NatWest investment offered with 'capital guaranteed'
Wed 17th Oct 2007
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The Capital Protected Investment offers growth of up to 60 per cent on the original investment, while protecting capital in full.
It can also be used as a stocks and shares individual savings account (Isa) or as an investment which stands alone.
The new investment requires a minimum of £3,000 initially, which must be invested for six years in order to take advantage of the capital protection guarantee.
Ian Stuttard, NatWest's director of savings and Bancassurance, commented: "Capital Protected Investment offers a guarantee to protect the original investment whilst offering potentially excellent returns.
"This offers customers the opportunity to safely secure previous gains from other investments without sacrificing investment growth potential."
He added that it is "an ideal way to save" for targets such as retirement, education or special occasions.
Earlier this month, NatWest launched an internet-based Isa with a guaranteed interest rate.
Related News : General finance |
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Related News : NatWest |
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