Aviva Investors has launched a new structured product as part of its defined returns fund. The FTSE-linked product offers potential returns of 6.25% every year, with exposure to the FTSE 100 index, and capital protection.
The product has a five-year maximum term with a kick-out on the second, third or fourth anniversary if on any of these dates if the FTSE 100 Index is equal to, or above, the closing value on strike date. "The kick out is attractive and we found it was still desirable to investo
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