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Barclays Wealth reissues super tracker with S&P 500 option

Barclays Wealth is reissuing its super tracker plan with an option for investors to access exposure to the US stock market.

The super tracker launches on May 9 and is a three or five-year investment offering geared exposure to the FTSE 100 and S&P 500.

The S&P option is available on the five year version and follows IFA demand for a US-linked protected investment, offering four times the first 22.5 per cent rise in the S&P 500, subject to a maximum return of 90 per cent.

The three-year FTSE 100-linked option offers investors four times the first 12.5 per cent rise in the index up to a maximum return of 50 per cent, while the five-year option offers four times the first 25 per cent rise in the FTSE with a maximum return of 100 per cent.

All three options will repay investors’ full capital unless their respective index falls by more than 50 per cent at any time during the term and remains lower than its starting level at the maturity date. In such an event capital is lost 1:1 with the index.

Barclays Wealth manager Lisa Chaudhuri says: “The super tracker is the perfect vehicle through which to offer US exposure and we believe this addition will further enhance the appeal of an investment which has been rapidly growing in popularly in recent months.”


On the Bright side

I ended up in this industry as a result of a three-week rugby tour to the US. At the end of the tour, I missed my plane home (don’t ask), met a girl, married her and, having obtained my Green Card, followed the very pointed advice of my new mother-in-law to “find a proper job”.

Sylvia Perrins

Sylvia Perrins has a daunting task in front of her. In addition to her responsibilities to increase the quality of training available for new recruits for financial services and promote the opportunities available in the industry, the new chief executive of the National Skills Academy for Financial Services is also looking to tackle the widespread ignorance about finance in the wider population.


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