Blue Sky launches new growth plan strategy
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Blue Sky Asset Management has launched the enhanced growth plan FTSE 100 series.
The six-year plan offers twice any rise in FTSE 100 to a 90 per cent maximum return and a minimum return of 25 per cent if the index is at or above its starting level at maturity.
The 90 per cent maximum return will be generated if the FTSE100 rises by 45 per cent over six years.
The plan includes defined protection from stock market falls, with capital protected at maturity unless the FTSE 100 closes below 50 per cent of its starting level during the investment term and is below its starting level at maturity.
The counterparty for the Plan is A+/Aa2-rated Societe Generale.
Chief executive Chris Taylor says: “The enhanced growth plan is a compelling growth strategy offering alpha/out-performance potential by design, with a risk/return profile that is hard to argue with.’’
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