Legal & General Growth Investment Plan Plus launched
www.moneynews.co.uk > General finance > Legal & General Growth Investment Plan Plus launched
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Money News |
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Legal & General Growth Investment Plan Plus launched
Thu 12th Jan 2006
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As a protected capital product, the investment is designed to yield 100 per cent of any capital growth in the FTSE 100 index over a six year term.
The investment also comes with an early payment feature, which means that it could close early if the FTSE 100 grows strongly before the end of the term.
Otherwise, the Legal & General Growth Investment Plan Plus will mature on March 8th 2012.
Jamie Vale, sales director, said that the plan "offers a secure investment for savers who may be considering whether the new year is the right time to enter the UK equity market".
"Even if the FTSE 100 index falls, this product aims to protect their capital at maturity," he added.
The Legal & General Growth Investment Plan Plus will be available from January 16th to March 3rd this year.
Related News : General finance |
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Related News : Legal and General |
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