Merchant Capital – Growth Plan – FTSE Bull & Bear Issue 2

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 index

Minimum-maximum investment: £5,000-£2m, Isa £10,680

Term: Five years and three weeks

Return: 100% of the growth in the index or 100% of the fall in the index provided the index falls by no more than 50 per cent

Protection: Original capital returned in full at the end of the term provided the index does not fall by more than 50% by the final day of the term

Closing date: March 1, 2012, February 24, 2012 for Isa transfers

Commission: Initial 3%

Tel: 020 7332 2200