Financial Options Group is launching a high growth bond which guarantees to pay 125 per cent of the average growth of Europe's major stockmarket indices.
The fund which is exclusively for its members has been designed by Bristol & West also guarantees to pay 75 per cent of clients capital if the stockmarkets fall.
The minimum investment is £5,000 and the maximum is £250,000. The fund is aiming to raise £1.5m.
IFAs will be paid a commission of 3 per cent on completion.