Barclays Capital has launched a structured fund as part of a planned series of launches for the UK retail market.
The bank embarked on its structured funds business a few years ago but the offerings have been more institutionally focused until now. BarCap says it has seen demand for this type of fund from retail investors.
The fund is based on the FTSE 100 index, the dominant underlying in the UK market.
The fund's payout is similar to that usually found in the structured notes world. "There is