Zurich Financial Services has launched Zurich Guaranteed Capital Account 22, the latest in its series of guaranteed capital account.
The Zurich Guaranteed Capital Account 22 (GCA 22) which runs for five and a half years, offers intermediaries and their clients the potential to benefit from the growth of the FTSE 100 index while protecting their clients’ original capital investment, said Zurich.
Provided by Dunbar Bank, Zurich’s GCA 22 provide intermediaries and their clients with the opportunity to invest throughout the year — as one product tranche closes a new one opens. The deposit based products continue to offer full capital security and growth potential with returns linked to the FTSE 100 Index.
The minimum investment required for GCA 22 is GBP2,500 and maximum investment is GBP1 million and 3.25% initial commission is payable on all monies invested into this account.
Paul Wright, director of investment management at Zurich, said: Company financial security, capital protection and interest rates at an all time low remain the key concerns for consumers in this challenging economic climate. The GCA 22 is an ideal investment for more cautious investors seeking exposure to the stock market, whilst still protecting their original capital investment. In addition to offering capital protection, the potential returns are particularly attractive, given that the interest rates are currently 1%.
