NatWest launches new guaranteed structured deposit account

NatWest International Personal Banking (IPB) is flying high with the launch of a new guaranteed structured deposit account, Autopilot. The main principle of the account is to maximise growth using Autopilot’s innovative monthly management strategy. Autopilot tracks the performance of four diverse market sectors when rising and diverts to Cash when a falling trend is identified.

Autopilot provides a diversified portfolio of four different market sectors, and also offers the benefit of protecting the initial capital payment, provided the money is deposited for the full five year term. The performance is equally weighted across the four sectors (25% into each):

Developed equity markets
Emerging equity markets
Property
Gold

On a monthly basis the guaranteed structured deposit account observes the price of each market sector compared to the moving average price. This will determine whether to link to the performance of each sector or to divert to Cash if the related sector is underperforming.

Kathryn Campbell, Senior Product Manager, Structured Products and Investments, NatWest comments: “Autopilot is a dynamic deposit account that has the flexibility to provide an investor with the exposure to a portfolio of diversified assets and markets in one simple account with the added reassurance of capital protection.”

“The innovative monthly management strategy allows the deposit both to benefit from growth in the relevant market sectors whilst also protecting against potential downfalls in performance.”

If held until maturity the return will be 100% of the initial capital deposit plus the growth of the Autopilot Index.

The offer period is open until 25 April with a minimum deposit of £/$10,000 and will mature on 1 May 2013. The fund is available through UK and offshore independent financial advisers.