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

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.
Barclays Wealth reissues Defined Returns Plan Annual Kick-Out

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

Friday, 11 June 2010 12:00

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.

The June AKO has two options for prospective investors to consider.

Its first is the AKO 100, which will realise its value on any anniversary where the FTSE 100 is at or above its starting level.

The second is the AKO 80, where its stated return will be delivered on any anniversary where the FTSE lies at or above 80 per cent of its beginning point.

Lisa Chaudhuri, vice-president of the organisation, commented: "This new offer is a well-aligned replacement as well as giving advisers a new money opportunity to advise upon."

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