Swiss finance group Zurich Financial Services has launched the third in a series of guaranteed capital accounts designed to give customers access to a structured product throughout 2007.
The new Zurich Guaranteed Capital Account 13 offers 135% of any growth in the FTSE Index. The account will be available until May 24, 2007.
Each of the accounts will be open for a set time period and as one product tranche ends a new one will open, ensuring availability throughout the year.
All of the products are deposit-based with a five and a half year term. In addition, they will offer capital security and growth potential with returns linked to the FTSE 100 Index.
Paul Wright, Zurich’s investment management director, commented: Previous tranches issued this year have proved an attractive option to investors. Advisers and clients both like this simply structured product which provides capital security, as well as the potential of high levels of stock market linked returns.
Other key features of all the capital accounts include a 100% guaranteed capital, tax-free interest on the ISA element and a minimum and maximum investment of GBP2,500 and GBP250,000, respectively.