Brittania launches new investment bonds
Brittania Building Society has launched a new range of secured investments which it hopes will offer significant returns as well as guaranteeing savers their original investment.
Friday 28th April 2006
Brittania Building Society has launched a new range of secured investments which it hopes will offer significant returns as well as guaranteeing savers their original investment.
With potential returns from stock market growth, the five-year guaranteed return capital bond offers a ten per cent profit on the original capital or 80 per cent minimum return linked to the FTSE 100, depending on which is the greater of the two.
Savers have until the end of May 31st to invest between £500 and £1 million in the investments.
A total of four bonds are on offer, enabling investors to choose from the five-year guaranteed bond, a three-year bond, a balanced guaranteed bond and a five-year equity guaranteed bond.
Phil Stubbins, savings and investment manager at Britannia, commented: "These four new bonds are a great way for customers to invest in the stock market with the minimum amount of risk, as their original capital is protected and of course, there is the possibility of greater gain through the rise of the FTSE."
© Adfero Ltd
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