Gilliat launches lock-in growth series
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The Gilliat lock-in growth series issue 1 is a five-year plan which aims to pay pre-defined growth payments linked to either UK equities, commodities and property with capital return at maturity.
If the chosen underlying index is equal to or greater than its start value on any of the plan’s five annual observation dates then the value of the growth payment is “locked in” and the original investment capital is protected until the investment matures.
Minimum investment is £3,000 and the plan counterparty is rated Morgan Stanley which is A rated by Standard and Poor’s and A2 by Moody’s Investors Service as at August 14.
Managing Director Adrian Neave says: “This innovative plan presents investors with the opportunity to lock in to returns that are attractive relative to present deposit rates while providing protection of their original investment capital against downturns in the markets.”
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