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Secure second tranche

Clerical Medical is offering a second tranche of its secure investment plan, a capital guaranteed product providing exposure to the FTSE 100.

The plan has a five-and-a-half-year term and provides 110 per cent exposure to the FTSE 100. The growth of the index is averaged out over the last six months of the product’s term.

Minimum investment is 5,000 and charges are bundled into the product.

Marketing manager Rod MacDonald says the secure investment plan capital guaranteed Oeic is the second phase of Clerical’s investment push following on the launch of a fund of funds suite last year.

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