Morgan Stanley prepares for growth

Morgan Stanley will launch three more growth plans on Monday January 12, based on UK equity and Asia ex-Japan equity which promise returns if these markets rise by more than 10% over three years.

The five-year Asia ex Japan Protected Growth Plan 8 offers a minimum return of 100% and participation of 250%. A conditional early exit is permitted with the amount then limited to 140%. The five-year FTSE Protected Growth Plan 27 has the same minimum return and participation at 150%. The conditional early exit has the amount at 130%. The six-year FTSE Capital Plus Plan 16 offers a minimum return of 121% and participation of 65%, but no early exit.

The two five-year plans attract capital gains