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Investec Structured Products – FTSE 100 Geared Returns Plan 28

Investec Structured Products – FTSE 100 Geared Returns Plan 28

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 index, with Investec and UK 5 collateralised versions available on same terms

Minimum-maximum investment: £1,500-£1m, Isa £10,680

Term: Five years

Return: 67.5% of the original investment provided the index is above its initial value at the end of the term

Protection: Original capital returned in full at the end of the term provided the index does not fall by more than 50% without returning to at least its initial value

Closing date: October 7, 2011, September 26, 2011 for Isa transfers

Commission: Initial 3.5%, initial 1.25% plus renewal 0.5%, or initial 1%

Tel: 0207 597 4065 



Broker mortgage business slips

The proportion of advised mortgage sales fell by 2 per cent in the first quarter of 2011 to 47 per cent from 49 per cent in the first quarter last year. The FSA’s latest mortgage product sales data shows 99,700 mortgages were sold in the first quarter this year compared with 107,900 last year. In […]

EFG Asset Management launches UK business

EFG Asset Management, headquartered in Zurich, Switzerland, launches its UK business, EFG Asset Management (UK). EFG Asset Management, known as EFGAM, opens its funds and managed accounts strategies to third party institutional investors and financial intermediaries in the UK, with the formation of the UK firm. EFGAM presently has assets under management of $7bn and […]


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