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Woolwich Plan Managers releases next tranche on two products

Woolwich Plan Managers is releasing the next tranche of its accelerated growth and capital plus plan tranches.

Accelerated growth 8 comes with a three-year option repayiing twice the market rise, capped at 24 per cent.

The five-year option has a three times multiplier, meaning a 16 per cent rise in the market delivered maximum 48 per cent.

On both options, capital will be repaid in full unless the FTSE 100 Index falls by 50 per cent, failing to recover its starting level.

The latest capital plus plan offers investors a defined minimum return or FTSE linked growth if greater after six years.

It pays a fixed minimum return of 21.5 per cent or 50 per cent of the any rise in the FTSE 100 Index if higher, and investors receive a full repayment of capital provided they remain invested until maturity.

Woolwich Plan Managers director Colin Dickie says: “Our feedback from IFAs indicates there is strong demand for both minimum and geared return structures to meet the needs of both the cautious and the more aggressive investor, so it makes sense to continue to offer these products at the most competitive rates of return we can.”

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