Leeds Building Society investment bond pays up to 9%
Friday, 20 Apr 2007 18:08
Leeds Building Society has released a new investment bond paying up to 9% interest.
The new product splits your investment with 60 per cent invested in Norwich Union’s Portfolio and the remaining 40 per cent in the Leeds Options Bond.
Customers can invest between £100 and £250,000 each in the new bond.
"This product is ideal for customers looking for opportunities to benefit from stock market based investment returns whilst retaining guarantees of capital return, combined with the opportunity to earn up to 9 per cent until 30th April 2008," said Trevor Garside, head of financial services at Leeds Building Society.
"The Norwich union Portfolio offers a choice of investment funds, including the Guaranteed Fund, which invests in a mix of assets.
"The minimum investment in this part is only £5,000, so customers can benefit from potential stock market growth on this and invest up to £3,333 in the Leeds Options Bond.
"The bond also allows one withdrawal or closure without notice or loss of interest, so customers also have the peace of mind of access to their funds if and when they need it."