Nationwide offers basket of indexes to retail customers

Nationwide Building Society is offering a Legal and General product linked to a basket of indexes to its retail customer base.

The Protected Equity bond breaks with the UK tradition of offering purely FTSE 100 based products to retail clients. The six-year investment is based on three indexes: the FTSE 100; S&P 500 and Eurostoxx 50.

"A lot of UK investors are over-exposed to UK investments, so by offering them a structured product with a link to European and US indexes, they get exposure to the

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