NDF offers secure growth account

News in brief

UK distributor NDF Administration has launched a secure growth account. The NDF Secure Growth Account offers capital security with exposure to the growth of the FTSE 100 index. The product has a term of six-years.

At maturity, the account will return capital plus a minimum return of 20% gross interest or 60% gross of the growth of the FTSE 100 index [subject to final year averaging], whichever return is greater.

The product is designed for investors with maturing TOISAs, who are looking to retain

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