Lehman Brothers opens products offering fixed growth

Lehman Brothers has launched a structured product that will track the FTSE 100 and offer capital prot...

Lehman Brothers has launched a structured product that will track the FTSE 100 and offer capital protection in return for fixed growth possibilities. Enhanced Returns Plan 2 will consist of three investment options, all of which are 100% capital protected if capital is left in them to maturity. Two of the products will pay out a fixed percentage return provided the FTSE 100 is at or above its initial level at maturity. In those circumstances the three year product would pay 22% and the five year version would pay 47%. There is also a five year plan which would pay 2.25 times the inde...