Barclays targets maturities with suite of new investments

Barclays Wealth, one of the UK’s leading suppliers of capital protected investments, is seeking to attract rollover money from forthcoming maturities with a new suite of products offering competitive pay-offs - particularly for ISA investors keen to retain their tax advantaged status.

Open between March 3 and April 30, the new suite (full details of which can be found through barclaysinvestors.com/ifa) is available on terms similar to the previous core range offers, despite ongoing market volatility.

Included in the new range is the Regular Income Bond, an income-only product offering an annual gross income of 7.25 per cent. Linked to the Dow Jones Stoxx 50 index – which gives exposure to 50 ‘supersector’ stocks across Europe including the UK – the bond is well suited to investors looking to consolidate existing ISAs and PEPs to generate a tax-free income stream.

The new range also includes the dual option Protected FTSE Plan, which offers 1.5 times the first 15 per cent rise in the FTSE 100 Index (three-year option) or 1.5 times the first 30 per cent rise in the index (five-year option). Investors in the five-year plan can opt for the Barclays Wealth early maturity option, which will deliver a 24 per cent return if the index is at least at its starting level after two and a half years.

Also available is the six-year Minimum Return Plan - offering a 20 per cent minimum return plus the potential to receive a stepped bonus of up to 22.5 per cent - and the popular five-year Super Tracker, which offers five times the first 15 per cent rise in the FTSE 100 up to a maximum return of 75 per cent.

Lisa Chaudhuri, manager, Barclays Wealth, says: “Despite market turmoil we have been able to maintain very attractive terms on our most popular products and, with the dual ISA facility and new CGT rules coming into force, there is every reason for investors - particularly those with imminent maturities - to consider our range for their next investment opportunity.”