Premier Fund Managers this week released the latest tranche of its Premier limited editions structured product, a six-year growth plan based on the FTSE-100.
The manager says the structured product is offering investors the potential of growth whether the market rises or falls and there will be 100 per cent redemption of capital whatever the market does.
Investors will receive 75 per cent of any growth if the final value of the plan rises over the term. If the final value falls investors receive 1 per cent capital growth for every 1 per cent the final value has fallen, capped at 30 per cent. A flat market will return investors their initial investment capital at the end of the term.
The minimum investment amount is £5,000, the maximum is £1m and the offer period closes April 16, 2004.
Premier Fund Managers managing director Jonathan Fry says: “This is a great investment, a chance to make money from a falling or rising market. Crucially important for the risk-adverse, investors will receive the full return of their capital at the end of the term, whatever happens.”