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NDF Administration- NDF Growth Plan July 05

NDF Administration

NDF Growth Plan July 05

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 and Dow Jones Eurostoxx 50 indices

Minimum-maximum investment: 10,000-1m, Isa 4,000-7,000

Term: Six years

Return: 8.25% of original investment if index is the same or higher then its starting .level in year one, 16.5% in year two, 24.75% in year three, 33% in yea four, 41.25% in year five, 49.5% in year six

Guarantee: Original capital returned in full provided the indices do not fall by more than 50% without returning to their initial levels at the end of the term

Closing date: September 28, 2005, September 14 for Pep/Isa transfers

Commission: Initial 3%

Tel:020 8547 4152

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Strong dollar can be a powerful driver of UK dividend growth in 2015

By Robin Geffen, fund manager and CEO 

This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar. 

In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.

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