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Keydata expands product range

Keydata Investment Services is launching two FTSE-linked structured products.

The annual kickout plan and the capital protected bonus plan will generate growth for investors if the FTSE 100 is at the same level or higher when measured.

The five year annual kick out plan 2 offers the opportunity for early maturity with an escalating bonus potential.

The FTSE 100 is measured at each anniversary and if it is the same or is higher the plan matures investors receive their original capital plus 9 per cent growth each year on a cumulative basis for the duration of the investment term.

If it falls by 50 per cent or more at maturity capital will be lost at maturity by 1 per cent for each 1 per cent the final index level is below the start level.

The five year Citigroup-backed capital protected bonus plan issue 2 is designed to provide a full return of capital at maturity and a 45 per cent bonus if the index is at the same level or higher than the start date.

If the index matures below the start value investors will receive their original capital amount only.

Both plans have a minimum investment of £3,600 and IFA commission is 3 per cent.

Keydata Investment Services director of sales and strategy Mark Owen says: “According to some, equity markets are recovering, but many investors are still wary of committing capital to direct investments into stocks. We think that allocating some of a portfolio to structured products such as these is an attractive way for investors to ease their way in to equity exposure with the added benefit of capital protection.”

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