Blue Sky launches third Protected Income Plan

Blue Sky has launched a third tranche of its Protected Income Plan which offers a fixed 10% growth pe...

Blue Sky has launched a third tranche of its Protected Income Plan which offers a fixed 10% growth per year across the six-year term. The income payments of the Plan are fixed and have no link to the performance of the portfolio, which is based on stocks for HSBC, Royal Bank of Scotland, Barclays, HBOS and Lloyds TSB. 100% capital protection is provided at maturity, although this is contingent upon a downside portfolio barrier level of 65%. This allows for all of the stocks in the Portfolio to fall by up to 65%, without risk to capital. PIP III will require a minimum £10,000 investme...