Zurich launches latest Guaranteed Capital Account

  • Story by: Gemma Westacott
  • Magazine: FTAdviser
  • Published Friday , September 05, 2008

Zurich has launched the latest in its series of Guaranteed Capital Accounts, offering intermediaries and clients access to stock market returns while protecting 100 per cent of their original capital investment.

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The Zurich Guaranteed Capital Account 20 offers 120 per cent of any growth in the FTSE 100 Index over five-and-a-half years, and is open until 23 October.

An early bird bonus of 0.33 per cent is available for customers whose applications are received before 29 September.

Zurich investment management director Paul Wright said: "As the credit crunch continues to bite and investors become more risk averse, these types of products are an ideal investment choice for more cautious investors seeking exposure to the stock market whilst still protecting their original capital investment."

Minimum investment is £2,500, while the maximum is £250,000. A 3.25 per cent initial commission also applies on all monies invested.

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