Britannia Five-Year Guaranteed Return Capital Bond among new offers

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Britannia Five-Year Guaranteed Return Capital Bond among new offers

A Britannia Five-Year Guaranteed Return Capital Bond is among a number of new investment products to be introduced by the company, offering ten per cent profit on the original investment or an 80 per cent minimum return linked to the FTSE 100 index.

Whichever is the greater of these two amounts will be paid.

A three-year option was also launched, paying 65 per cent of any growth in the FTSE index over the duration of the offer, which is also available to savers and offers 110 per cent return on a five-year investment.

Both the Britannia Five-Year Guaranteed Return Capital Bond and three-year option require a minimum input of £500 and allow a maximum level of £1 million.

Britannia claims that it also provides an option for savers looking for both short and long-term gains with its balanced guaranteed bond.

This product places one third of the customer's investment in a one-year fixed-rate bond, which pays seven per cent annually, with the remaining funds in a five-year guaranteed equity bond, which offers a return of 65 per cent of any growth in the FTSE index.

"These four new bonds are a great way for customers to invest in the stock market with the minimum amount of risk, as their original capital is protected and of course, there is the possibility of greater gain through the rise of the FTSE," said Phil Stubbins, savings and investment manager at Britannia.

All of the provider's new products are available until May 31st 2006.