View more on these topics

Latest structured products from Manor Park

Guernsey-based structured product provider Manor Park has introduced its latest tranches of the guaranteed UK selected growth fund and guaranteed UK capital growth fund.

Thesecapital-protected funds are linked to the performance of the FTSE 100 index over a three-year and five-year term respectively. Both provide investors with a choice of capital protection and return.

The guaranteed UK selected growth fund provides a choice of 125, 90, 55 or 20 per cent of the growth in the index, known as the participation rate, at the end of a three-year term. The higher the participation rate, the lower the capital protection within a range of 85 per cent to 100 per cent. For example, a participation rate of 125 per cent of the growth in the index provides 85 per cent capital protection, while 20 per cent growth in the index comes with 100 per cent capital protection.

The guaranteed UK capital growth fund provides a choice of170, 140, 110, 80, 50 or 20 per cent of the growth in the FTSE 100 index after five years. It works in the same basis as the guaranteed UK selected growth fund, providing capital protection within a range of 85 to 110 per cent.

To calculate the returns from both products, the closing level of the FTSE 100 index at the start of the term is measured against the average monthly values taken over the entire term. Where there is no growth in the index, investors get the percentage of capital that they protected at the start of the term.

The Manor Park funds recognise that investors have different attitudes to risk , which could be useful to IFAs because it  will allow them to cater for a range of clients using a single product..

However, the use of averaging may constrain the level of index growth, but Manor Park says this is balanced by offering higher participation rates than would be possible if a single index level at the end of the investment period was used to calculate the index growth.



Why confuse protection issues?

I have been wrestling with the overly complex Gabriel regulatory return system and find myself struggling with the meaning of questions and their purpose. Nonetheless, my reason for mentioning this is because, as an industry, we are always seeking to introduce simplicity and transparency. Let us not forget that originally these were proposed outcomes of […]


FSA launches investigation into conduct of Gartmore’s Rambourg

The FSA is to launch an investigation into the conduct of Guillaume Rambourg, the suspended manager of the Gartmore European Absolute Return fund. Gartmore says it is co-operating fully with the FSA, which is currently only investigating Rambourg, to complete the investigation as quickly as possible. In April, Gartmore said it had presented the findings […]

MBO for Mortgageforce as West Brom makes £18.5m loss

West Bromwich Building Society has agreed to sell Mortgageforce to management for a nominal consideration while retaining a minority interest in the broker franchise. The society revealed the move last week as it posted losses of £18.5m for 2010, a reduction on the £48.8m of losses in made in 2009. Losses for the financial year […]

Leading Edge – April 2017

There is little doubt 2017 will be a year of political uncertainty. Leading Edge is Royal London Asset Management’s regular review of investment markets. This edition explores some of the impacts that this uncertainty is having on investors, from the pitfalls of prediction within UK equity investing to the dangers of opting for convenience over […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm