Gilliat Financial Solutions has launched precious metals and overseas kickout plans.
The precious metals kickout is a six-year product offering 93 per cent growth if the prices of gold, silver and platinum are all at or above their initial levels at maturity. However, investors get their money back early, along with 15.5 per cent a year of growth, if the prices are all at or above initial levels at the end of years two, three or four.
There is 50 per cent capital protection, so if any of the prices go below their start prices at any point during the term and at least one of the prices ends below its start value, the capital return will track the worstperforming price.
Gilliat overseas kickout is a five-year product offering 70 per cent growth if the S&P 500, Euro Stoxx 50 and Hang Seng indices are all at or above initial levels at maturity. Investors get paid back early, with 14 per cent a year growth, if the indices are all at or above initial levels at the end of years one, two, three or four.
This plan also has 50 per cent capital protection. If any of the indices are under 50 per cent of start values at the end of the term, the capital return will track the worst-performing index.