Zurich Financial has announced that the new account is designed to offer intermediaries and their clients’ access to potential stock market returns whilst safeguarding their clients’ original investment. It will also offer 100% of any growth in the FTSE Index and is open until April 2, 2008.
Two early bird bonus, which include 0.66% is payable for applications received before February 8, 2008 and 0.33% is payable for applications received before March 7, 2008 but after February 8, 2008 are available to the customers. According to each of the guaranteed accounts will be open for a limited period of time, ensuring that as one product tranche closes a new one opens, providing intermediaries and their clients with the opportunity to invest throughout the year.
All of the products, which are deposit based with a five and a half year term, will continue to offer full capital security and growth potential with returns linked to the FTSE 100 Index. Capital account provides a 100% capital guaranteed with minimum and maximum investments GBP2,500 and GBP250,000 respectively. It also includes early maturity feature – 30% gross interest and closure of the account if the Index has grown by 30% or more on the third anniversary.
Paul Wright, investment management director at Zurich, said: These accounts proved very popular with intermediaries and their clients throughout last year. As well as offering investors a very competitive participation rate, our latest account also offers an early bird bonus which we believe will prove attractive to investors.
