L&G plan offers 130% return on FTSE 100 Growth

Legal & General has added another plan to its structured product range that will provide a 130% retu...

Legal & General has added another plan to its structured product range that will provide a 130% return on any FTSE 100 growth after a six-year period with capital protection. The Growth Investment Plan Plus 8 is open to investors for eight weeks from 23 April until 15 June 2007. The plan matures on 20 June 2013 unless the index grows strongly causing the plan to kick out the investment and close. If the index has grown by more than 15% by the third anniversary of the product, on 21 June 2010, the investment will close and give investors an early payment of 25% of the growth. The plan ...