A new investment account from fund manager Zurich is offering those willing to put money into the stock market a capital protection option.
The second issue of the Zurich Protected Capital Account focuses on investments into 15 of the top companies in the FTSE 100 to get the best chance of a return, but if the stocks fall then the original deposit is safe.
Designed for cautious investors looking to take advantage of the recent performance of the index, the account requires a minimum deposit of £2,500 and has a limit of £1 million.
Paul Wright, investment management director for Zurich, said: "Even with the recent upturn in the stock market, the need for capital protection remains a firm priority for many consumers when looking to invest."
The Association of Investment Companies recently said that those putting their money into active stock market funds are more confident than they have been for the past three-and-a-half years.
Zurich offers protected capital investments
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Zurich offers protected capital investments
Tue, 27 Oct 2009
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