"Either 6% or 18% after 6 years and full capital protection..."
This popular defensive deposit plan from Investec offers:
- 18% after six years: if the FTSE is above its initial level
- 6% after six years: if the FTSE is at or below its initial level
- 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 2020/21 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: 10 July 2020
- Investment deadline for direct and 2020/21 ISA applications: 31 July 2020
Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.
Our top 5 year fixed rate bond is currently paying 1.40%, and with further downward pressure expected on savings rates, a potential for a fixed return of 18% coupled with the knowledge of a minimum 6% return, could be an attractive alternative for savers