Scottish Widows: Capital Protection Fund 10 launched
www.moneynews.co.uk > Banking > Scottish Widows: Capital Protection Fund 10 launched
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Scottish Widows: Capital Protection Fund 10 launched
Thu 12th Mar 2009
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The latest issue of the fund is aimed at "cautious investors" and will provide a return on investment over a period of six years, starting with an initial deposit which can be made between February 4th and June 11th 2009.
Scottish Widows claims that the launch of the new fund is a response to the needs of customers, after a survey it conducted showed that investment security is one of their top priorities.
Gordon Greig, head of savings and investment at Scottish Widows, said: "Our new Capital Protected Fund is ideal for those who want to benefit from the potential upside of the stock market, but would like the peace of mind of knowing that they will be protected if the FTSE index falls."
Scottish Widows is part of the Lloyds Banking Group.
Click here for more banking news
Related News : Banking |
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Related News : LloydsTSB |
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