"Potential 14% after 3 years and full capital protection..."
This popular deposit plan from Investec offers:
- 14% after three years: if the FTSE rises by any amount
- Equivalent to 5% pa growth
- Tax free income: if held in an ISA, ISA transfers accepted
- Non-ISA also available: invest from £3,000
- Full capital protection: your initial capital returned in full no matter how well the FTSE performs
The Plan is available for 2019/20 Cash ISA, ISA Transfer, Direct Investment, as well as SIPP and SSAS pension investments. It is also available to businesses, charities and trusts.
- Investment deadline for ISA transfer applications: 16 August 2019
- Investment deadline for direct and 2019/20 ISA applications: 6 September 2019
The 14% return is equivalent to around 4.66% annual growth which, combined with the three year term, could make this a compelling opportunity