Legal & General announces growth investment plan plus
www.moneynews.co.uk > General finance > Legal & General announces growth investment plan plus
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Money News |
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Legal & General announces growth investment plan plus
Fri 28th Nov 2008
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According to Legal & General the plan guarantees investors 100 per cent capital protection at maturity and a return of 150 per cent of any capital growth in the FTSE 100 Index over the investment term, which is six years.
The Growth Investment Plan Plus 17 is open to investors up until February 16th next year, and will mature on January 21st 2015.
Legal & General's investment development director for individual wealth Jamie Vale said that the plan was aimed at investors who are worried about when the best time might be to move into the stock market.
He added: "We believe that, for cautious investors […] our latest plan provides an attractive way to hedge an investment in equities while equity values remain volatile."
Earlier this year the FTSE 100 chalked up a successive series of record-breaking one-day falls.
Click here for more general finance news
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Related News : Legal and General |
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