Santander subsidiaries Abbey and Alliance and Leicester have announced a new range of products that allow customers to invest in the stock market or property with their capital secured.
The Guaranteed Growth Plan is a five-and-a-half-year investment plan offering minimum returns of 11 per cent gross and maximum dividends of 50 per cent of the growth of either the FTSE 100 or the Halifax House Price index.
Another product, the Guaranteed Capital Plus, may be suitable for more cautious investors, providing at least 0.25 per cent gross for three-and-three-quarter-year customers and 0.5 per cent for five-and-a-half-year clients.
Simon Taylor, head of investments at the two banks, said the options are "designed to appeal to savers looking for potentially greater returns than those currently available on standard cash savings accounts but without risk to their capital".
Fund manager Zurich recently announced its Protected Capital Account, which offers those willing to put money into the stock market an option to guarantee their investments.
Guaranteed investments offered by Santander
Onlineshares Quote Line
0845 108 0505
Guaranteed investments offered by Santander
Tue, 17 Nov 2009
Recommended links
Compare online shares and investments providersFree investments review
Santander products and services
Stock market guide
Savings account guide and comparison
FTSE falls into the red
Shareholders fail to check investments
European investments mixed, City Index reports
Antiques and art provide safe investments
UK still top for investments
| Stocks & Shares news |
|---|
| New chairman at Association of Investment Companies - Thu, 29 Jul 2010 |
| Investment with diversified portfolio recommended - Tue, 27 Jul 2010 |
| New guide to emerging market investments - Thu, 22 Jul 2010 |
| More News |
