Premier Asset Management offers protected growth plan

Premier Asset Management in the UK has launched a new guaranteed structured product to capitalise on investor anxiety after the market correction in May. The Premier Protected Growth Plan offers exposure to any growth in the FTSE 100 Index and the potential of early withdrawal from year three onwards but advises that the product should be considered a six-year investment.

If the FTSE 100 Index has risen by 10% or more at the end of year three, 15% or more at the end of year four, or 20% or more at the end of year five when compared with the start value, the plan will mature early. Investors will receive the original capital invested plus 20%, 30% or 40%, depending on whether it is the end of year three, four or five respectively.

If early maturity has not been triggered by the end of year six, investors will receive full return of capital plus any growth of the