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Keydata unlocks extra income

The Keydata extra income plan issue 25 providers a monthly and annual income option. Linked to the FTSE 100 index, the plan offers 50 per cent capital protection barrier and whilst capital value tracks the index the income or growth payment are unaffected.

Keydata believes the plan offers an attractive ways for investors to hedge against possible further market falls as income payment are not connected to market performance.

The counterparty will have a credit rating of A or equivalent at the time of structuring the plan.

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