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SLI guarantees growth on fund

Scottish Life International is guaranteeing a return of at least 10.2 per cent over five years and two months on its protected term deposit – series 1 fund.

SLI says the fund is lower risk than with-profits and offers the potential for further gains of up to 51 per cent dependent on the performance of the world&#39s major stockmarkets.

Its performance is linked to the FTSE 100, S&P 500 and Eurostoxx 50 indices to give exposure to the world&#39s biggest companies.

The fund is only available to new and existing investors in SLI&#39s secure investment portfolio and its protected investment management service.

Minimum investment is £5,000 and the fund is open for investment from May 13 until June 19.

Director of marketing development Neil Lovatt says: “With investment performance from stockmarkets still flat, with-profits bonds under review and cash offering poor returns, where can investors turn? Our new PTD provides an ideal and highly competitive investment solution. Not only do investors have the opportunity of bonuses, which are guaranteed even if markets remain level, they also know that they are bound to receive growth of at least 10.2 per cent, no matter what happens to stockmarkets.”

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