Zurich unveils latest investment plan

Tuesday, 27 October 2009 12:00

Zurich has launched a five-year investment which gives savers the chance to benefit from any potential growth in the FTSE 100 index.

The latest version of the Protected Capital Account, which offers full capital security, is available to investors with a minimum of £250,000 and no more than £1 million to deposit.

It achieves returns at the same rate as 15 of the largest companies in the FTSE 100. However, investors must pay 3.25 per cent initial commission on all money invested into the account.

Paul Wright, Zurich's investment management director, said the account was ideal for more cautious investors seeking exposure to the stock market or for those keen to benefit from market recovery.

He added: "In addition to offering the benefit of capital protection, the potential returns are particularly attractive, given the base rate is currently 0.5 per cent."

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