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GE Life offers growth options on FTSE plan

GE Life is offering a five-year structured growth plan linked to the FTSE 100 with a choice of level of capital protection.

The growth option plan offers either a full return of the initial investment or 80 per cent capital protection.

Option one returns the original investment at maturity and gives 80 per cent of growth in the FTSE 100 over five years. Option two protects 80 per cent of capital while giving 100 per cent of FTSE growth.

Minimum investment is £7,000 and maximum £1m for either option. Commission is 3 per cent. The offer closes on October 25.

Managing director David Evans says: “Falling stockmarkets and the uncertain future of with-profits are forcing investors to look at ways to protect the return of their investments.

“In this new plan, investors choosing the 100 per cent protection option are safe in the knowledge that they will benefit from a rising stockmarket without putting their capital at risk. However for investors wishing to do so, the second option allows them to put just 20 per cent of their capital at risk in return for an even greater reward if the stockmarket rises.”

“The plan is designed to meet the increasing demand for clear, transparent investments where the investor can readily track the progress of their investment. Investors must seek professional advice to ensure the plan fits with their investment portfolio.”


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