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Bond from B&W links equities and property

Angela Henshall

Bristol & West is offering a four-in-one guaranteed port-folio bond linking stockmarket and property investment.

The six-year bond features monthly income of 7 per cent gross and will be available exclusively through IFAs.

Minimum investment is 30,000, with 10,000 in each of three investment elements – a guaranteed income account, a FTSE acount and a property account. Maximum investment is 3m personal or 30m corporate.

The guaranteed income account pays 7 per cent gross monthly income and the FTSE account returns 75 per cent of of the growth of the FTSE 100. The property account returns 75 per cent of the growth in the Halifax house price index.

A capital guarantee pledges the return of the initially invested capital at the end of the term, regardless of how the indices perform The bond is available to personal and corporate investors including companies, charities and trustees. It can form part of a Sipp or a SSAS.

Head of structured products Jim Goddard-Jones says: “The guaranteed portfolio bond gives clients an instant balanced portfolio, combining cash, property and equity exposure with the security of a capital guarantee.

“Property has provided a consistently good return in the past and we expect this to continue in the future. At the same time, the FTSE 100 has plenty of scope for growth, making the bond an investment well worth considering.”


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