Barclays Wealth reissues DRP Annual Kick-Out
Friday, 26 February 2010 12:00
Barclays Wealth has decided to reissue its popular Defined Returns Plan Annual Kick-Out (AKO) which offers investors the chance of an attractive return, possibly within two years.
The product offers investors two choices, with the AKO 100 automatically maturing and delivering its stated return on any annual anniversary where the FTSE 100 is at or above its starting level.
Alternatively, there is the AKO 90 which offers 7.75 per cent for each year that the product is held and will deliver its stated return on any anniversary from the third year onwards that the index is at or above 90 per cent of its starting level.
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