Investec Structured Products has launched its latest raft of offerings, including deposit products, that aim to return initial capital and investment plans where capital is at risk.
The five deposit plans and five investment plans are available for investment until October 1.
The products include the FTSE 100 kickout deposit plan 15, promising a return of investor capital after its five-year term, along with returns above those available from cash investments.
The products mature early with a payment equal to 5.25 per cent per annum if the five-day average closing level of the FTSE 100 is higher than its initial level at the end of years two, three, four or five.
The firm has also launched an investment plan, the FTSE 100 enhanced kickout plan 15, offering 120 per cent of any growth in the index after five years, provided it does not fall by more than 50 per cent during the term. It may mature early with payments equivalent to 12 per cent a year if the FTSE 100 is higher than its initial level at the end of years one, two, three or four..
Head of intermediary sales Gary Dale says: “Over the past few months we have had large volumes of early-maturing kick-outs, so it is important to offer clients an appropriate choice.”