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Barclays reissues Super Tracker and Regular Income Bond

4th January 2010 Print

Barclays Wealth is reissuing its core range of investments with improved rates of return.

Available now, the range includes the three- or five-year Super Tracker. The five-year option offers a return of three times the first 25% rise in the FTSE 100 up to a maximum of 75%. The three-year option offers three times the first 10% rise, up to a maximum of 30%.

Investors will receive back their original capital unless the index falls by more than 50% during the term and is lower than its starting level at maturity, in which case capital is lost on a 1:1 basis.

Also available is the Regular Income Bond. The six-year FTSE-linked product offers an annual income of 6.5% or a monthly income of 0.53%. As with the Super Tracker, investors' capital is repaid in full unless the FTSE falls by 50% and remains lower than its starting level at maturity. If this does occur, capital will be lost on a 1:1 basis.

Full details of the product can be found at barclayswealthprotectedinvestments.com. 

Lisa Chaudhuri, manager, Barclays Wealth, says: "Market conditions have improved markedly since March and risk appetite has begun to return. However, with economic growth expected to be below-trend over the coming years and consumers likely to remain under pressure, continued strong market performance is far from certain. Our Super Trackers will appeal to investors looking to gear up market returns with an element of capital protection, while our Regular Income Bond offers an attractive rate of income for investors willing to accept a degree of risk to capital."