View more on these topics

Legal & General – Fund Tracker Capital Guaranteed Bond 2

Legal & General – Fund Tracker Capital Guaranteed Bond 2

Type: Guaranteed equity bond

Aim: Growth linked to the performance of the Legal & General Investec Money Builder Fund

Minimum-maximum investment: £500-£50,000, Isa £3,600, £5,100 for the over 50s

Term: Five years

Return: Option 1 – 100% of the growth in the fund at the end of the term capped at 50% of the original investment, option 2 – the greater of 10% of the original investment or 60% of the growth in the fund at the end of the term

Guarantee: Original capital returned in full at the end of the term regardless of the performance of the index

Closing date: January 15, 2010, December 31, 2009 for Isa transfers

Commission: Initial 3%

Tel: 0845 070 6452



Price versus value

In his letter to Money Marketing last week, Julian Stevens invited me to describe the fees that we charge for our services. I am happy to do so. I do, however, want to warn Julian against the risk of falling into the trap of looking at price in isolation. That would be meaningless as we […]

Lazard picks CEO

Lazard has appointed Kenneth Jacobs as chairman and chief executive officer. He was CEO of Lazard North America and succeeds former chairman and CEO Bruce Wasserstein who died in October.

The curse of long-term cash

Trevor Greetham, Head of Multi Asset at Royal London Asset Management, reveals why clients should be seriously concerned when short-term holdings of cash turn into a long-term investment. There is nothing wrong with holding wealth in the form of cash on a short-term basis. For many people capital stability is important and access to ready cash […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment