Santander has launched a new range of investment products, offering investors the security of capital guarantee and minimum returns.
The five-and-a-half year Guaranteed Growth Plan offers a minimum return of ten per cent, with up to 50 per cent possible, depending on the growth of the FTSE 100 .
Meanwhile, the Guaranteed Capital Plus - Special Edition promises returns of at least five per cent, although 28 per cent could be achieved.
The products can all be invested either in an individual savings account (ISA) or against the annual capital gains allowance if held outside.
Reza Attar-Zadeh, director of Savings and Investments at Santander, believes customer will be persuaded by the financial guarantees given by the company.
She said: "We recognise that not all investors are happy to take the risks associated with non-capital guaranteed products so for those investors looking to take a cautious attitude to risk, the Capital Guaranteed Investments offer potentially greater returns than those currently available on standard cash based savings accounts ."
Santander recently unveiled a cash ISA paying a minimum of 3.2 per cent over a 12 month term.
Guaranteed returns from new Santander investment products
Guaranteed returns from new Santander investment products
Fri, 09 Apr 2010
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