Barclays Wealth reissues DRP Annual Kick-Out

Barclays Wealth is reissuing its popular Defined Returns Plan Annual Kick-Out which gives investors the chance of a return - through its early disposal feature - after just two years.

The AKO 100's value will be realised on any anniversary - from the second onwards - where the FTSE 100 is at or above its starting level. This option offers investors a return of 7% for every year the investment is in force. For example, if the FTSE is at or above its starting level at its second anniversary, investors will receive 14%; if this occurs on its third anniversary, investors will receive 21%; and so on up to 42% on its sixth and final anniversary.

The second option, the AKO 90, will deliver its stated return on any anniversary - from the third onwards - where the FTSE is at or above 90% of its starting level. As with the AKO 100, this option delivers a return of 7% for every year the investment is in force.

Capital will be reduced if the index closes below 50% of its starting level at anytime during the term and is below the starting level at maturity In both options, if there has been no early disposal after six years, investors will receive back their full capital.

Lisa Chaudhuri, vice president, Barclays Wealth, says: "As we enter a period of enhanced uncertainty, both over the political landscape and the economic recovery, investors are increasingly looking for transparent products that offer pre-defined returns not dependent on market performance.  The Plan can also be held in tax efficient wrappers such as stocks and shares ISAs as well as SIPPs, helping investors to maximise returns in a low savings rate environment."