NDF offers secure growth account

UK distributor NDF Administration has launched a secure growth account. The NDF Secure Growth Account provides 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 their tax efficient status, NDF says.

The minimum investment is £3,000 and there is a maximum of £1,000,000 if invested direct into the plan. The offer closes on July 13.

Daniel Sheehan

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