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Jubilee launches optimised growth plan

Jubilee Financial Products has launched a new structured product which optimises investor ‘entry level’ during the first three months.

The optimised growth plan uses the lowest daily closing level of the FTSE 100 during the first three months as the strike for the investment and offers investors three times index growth at a 50 per cent cap over the next five years.

Capital is at risk if the index has fallen 50 per cent or more at maturity.

The plan is backed by securities of KBC IMFIMA NV, which is a wholly owned subsidiary of KBC Bank NV, rated A by Standard & Poor’s, Aa3 by Moody’s Investor Services and A by Fitch.

Head of distribution Ian Millward says: “We feel that the combination of the daily optimised entry or ‘lookback’ feature and the three -times gearing means the product has real potential to provide excellent returns even if there is a short term correction.”


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