View more on these topics

Morgan Stanley – FTSE Gilt-Backed Best Entry Growth Plan

Morgan Stanley

FTSE Gilt-Backed Best Entry Growth Plan

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 index

Minimum-maximum investment: £3,000-no maximum, Isa £7,200

Term: Five years

Return: Five times the growth in the FTSE 100 index, starting from lowest monthly index value in first three months of the term and capped at 45% of the original investment

Guarantee: Original capital returned in full at the end of the term provided the index does fall by 50% or more by the final day

Term: Five years

Closing date: August 3, 2009, July 27, 2009 for Isa transfers

Commission: Initial 3%

Tel: 020 7425 9000


Chinese economy records 7.9% growth

China’s economy grew by 7.9% in the second quarter of this year, having implemented a Rmb4 trillion (£360 billion) stimulus package and increased lending to record highs. According to a statement by the National Bureau of Statistics (NBS), its GDP grew by 7.1% year-on-year to Rmb13.99 trillion in the first half of the year. However, […]

New Star multi-manager funds downgraded

Old Broad Street Research (OBSR) has downgraded New Star’s multi-manager range for failing to meet expectations.The fund ratings service held a multi-manager ratings meeting and decided to downgrade four funds to ‘A’ from ‘AA’ and another four to ‘unrated’ from ‘A’.A release says OBSR acknowledges the potential of newly combined teams as a result of […]

FSA slammed over exam alternatives

The FSA’s retail distribution review proposals for oral assessments have come under fire for not going far enough in offering a full work-based assessment as an alternative to exams.SimplyBiz chairman Ken Davy says the FSA’s latest RDR consultation paper has failed to properly address the issue of how older advisers can reach the new benchmark.He […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment