Barclays Wealth reissues Defined Returns Plan Annual Kick-Out

'Improved DRP Annual Kick-Out' announced by Barclays Wealth

Barclays Wealth has unveiled the reissue of its Defined Returns Plan (DRP) Annual Kick-Out, which will offer investors the opportunity of a return after one year.
DRP Annual Kick-Out reissued by Barclays Wealth

A six-year Defined Returns Plan (DRP) Annual Kick-Out (AKO) product has been reissued by Barclays Wealth.

Friday, 30 April 2010 12:00

Barclays Wealth has announced it is reissuing its Defined Returns Plan Annual Kick-Out (AKO) investment product.

The offering lets investors benefit from returns after two years through the early disposal feature.

Customers can choose one of two options: the first is the AKO 100, where the value is realised on any anniversary from the second onwards when the FTSE 100 is at or above the level it started at, with the rate of return standing at seven per cent.

The AKO 90 option, meanwhile delivers returns on any anniversary from the third onwards where the FTSE index is at or above 90 per cent of where it started.

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