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Scottish Legal rewards online bond applicants

Investors making online applications for Scottish Legal Life&#39s guaranteed investment bond will receive an extra 2 per cent allocation.

The offer boosts the bond&#39s allocation rates to 102 per cent for investments under £5,000, rising to 104 per cent for sums between £5,000 and £9,999.

This increases further to 105 per cent between £10,000 and £19,999, 106 per cent between £20,000 and £49,999, 107 per cent between £50,000 and £99,999 and 108 per cent for sums over £100,000.

The guaranteed investment bond is a single-premium unit-linked bond which offers a 100 per cent money-back guarantee on the bond&#39s fifth anniversary, together with 70 per cent of the unlimited potential growth of its higher-yield fund.

Minimum investment is £3,000. Applications can be made at www.scotlegal.com.

Head of marketing Jamie Nicoll says: “We recognise the importance of the internet as a marketing tool and intend to pass on the lower costs of this channel directly to customers by improving the terms of the products we market online.”

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Pathway One – Pathway One VCT

Monday, November 5, 2001.Aim: Growth by investing in established smaller companies.Minimum investment: £2,500.Opening-closing date: November 1, 2001-December 14, 2001.Charges: Annual 3 per cent.Commission: Initial 3 per cent.Tel: 07831 456795.

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Wednesday, November 7, 2001.Aim: Income or growth by investing in UK unit trusts, Oeics and investment trusts.Minimum investment: £30,000.Investment split: 100 per cent in UK unit trusts, Oeics and investment trusts.Income facility: Monthly.Charges: Initial up to 3 per cent, annual 1.25 per cent.Commission: Initial up to 3 per cent, renewal 0.5 per cent.Tel: 0845 0700122.

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