Jubilee launches new Optimised Growth plan

Jubilee Financial Products has unveiled a new structured product plan, offering investors three times the growth of the FTSE 100 over five years, up to a 50% return.

The Optimised Growth plan also uses a ‘lookback' feature to reduce the impact of timing risk. The starting point is the lowest daily closing level of the FTSE during the first three months of the investment term. Capital will be returned at maturity provided the index has not fallen by 50% or more. In this event, capital will be reduced commensurate with the percentage amount the index is lower than the initial level. "The uncertainty over whether the current market rally can be sustained, and whether there will be another leg down before the recovery starts in earnest, means in...