Santander members Abbey and Alliance and Leicester have unveiled four new investment funds which guarantee up to ten per cent minimum return.
The Guaranteed Growth Plan allows customers to gain up to a 40 per cent maximum dividend by making investments into the stock market or the option to take half the returns from any Halifax House Price Index growth.
Investments can also be made in the banks' Guaranteed Capital Plus fund, which gives returns on any increase in the FTSE 100 by any amount, even one point, and customers are assured a minimum 0.5 per cent dividend.
Pak Chan, head of investments, said: "In the current climate it's no surprise that safety is at the forefront of people minds when deciding where to save, swiftly followed by making a real return on their money."
Investment services provider Legal and General recently launched a new fund offering capital protection, available for eight weeks between May 11th and July 3rd.
Guaranteed investments from Abbey and Alliance and Leicester
Guaranteed investments from Abbey and Alliance and Leicester
Thu, 18 Jun 2009
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