Eurolife Assurance(International) has launched a capital secure offshore bond, open for investment in sterling or US dollars.
The bond is linked to the NADAQ 100 Index and provides a 100 per cent capital return with growth ability of up to 60 per cent.
The bond is aimed at non-taxpayers of the UK, overseas residents, offshore companies and trusts, with returns paid gross. It will be available until May 16, unless fully subscribed earlier.
Eurolife managing director David Wootton says: “We have realised that many investors are now worried by the height of the world stock markets but still want a healthy return with no downside risk.”