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Zurich launches new Guaranteed Account

10th September 2009 Print
Available immediately, the Zurich Guaranteed Capital Account 10 (ZGA 10) which runs for five years, offers intermediaries and their clients the potential to benefit from any increase in the value of the FTSE 100 index whilst protecting their clients' original capital investment.

Provided by Dunbar Bank, Zurich's range of Structured Products gives intermediaries and their clients the opportunity to invest throughout the year - as one product tranche closes a new one opens. The deposit based products continue to offer full capital security and growth potential with returns linked to the FTSE 100 Index.

Paul Wright, Zurich's Investment Management Director, comments: "Due to recent stock market volatility, concerns over financial security and the need for capital protection remain a firm priority for many customers when looking to invest.

"Structured Products are an ideal investment for more cautious investors who want to protect their original capital investment, whilst seeking the opportunity to potentially benefit from stock market recovery. In addition to offering the benefit of capital protection, the potential returns are particularly attractive. We expect the ZGA10 account to be extremely popular"

Key features of the Guaranteed Capital Account include:

100% capital guaranteed
The account has an annual 12% cap and -8% collar
Interest on the ISA element is tax-free under current regulations
100% allocation
Minimum investment is £2,500 and maximum investment is £1 million.

Wright concludes: "Zurich Financial Services Group is well positioned in these turbulent times due to our continuing investment strategy as well as our financial and operational discipline. Therefore, consumers can feel confident about investing with Zurich. The Group recently reported its 26th straight quarter of profitability and our third consecutive quarter-on-quarter profit increase since the financial crisis started in the latter half of 2008."