Barclays Wealth reissues Growthbuilder

Barclays Wealth has launched a new edition of its Growthbuilder which aims to deliver competitive rate of return in low growth market conditions.

Available now, the six-year Growthbuilder offers a 6.6% locked-in return for each year that the FTSE 100 is at or above its starting level on any of the Plan's six anniversaries. If the FTSE is below its starting level on any anniversary, no return will be locked-in - but this will not affect investors' chance to lock-in future gains.           

Investors' capital is fully returned at maturity, irrespective of market performance. However, if investors withdraw from the Plan before maturity, capital may be lost.

Lisa Chaudhuri, vice president, Barclays Wealth, says: "Continuing uncertainty stemming from the crisis in the eurozone is making transparent lock-in investments, such as our Growthbuilder, an attractive proposition for investors. The lock-in feature helps to mitigate the ongoing issue of market timing while the knowledge that capital will be repaid in full at maturity is added reassurance in volatile markets."