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Skipton guarantees great return for investors

16th March 2007 Print
Investors wanting to benefit from a healthy stock market and guarantee a great return on their savings can take advantage of Skipton Building Society’s Guaranteed Triple Asset Bond.

By splitting their investment over three areas, savers will benefit from returns linked to increases in the FTSE 100 and Halifax House Price Index (HPI) as well as a 1 Year Fixed Rate Bond, offering a return of 7.00% gross pa.

John Goodfellow, chief executive of Skipton Building Society, said, “This bond offers savers a fantastic fixed rate of 7.00%, the return from which is then built upon with an index linked bond following the FTSE and Halifax HPI.

“With the FTSE gathering strength over the long term and house prices maintaining a healthy growth, the Guaranteed Triple Asset Bond offers savers the chance to cash in on any increases. The product also guarantees no loss of initial capital, which has certainly added to the popularity and appeal of such investments when we’ve launched them in the past.”