This is a five-year growth product that offers four times the rise in the FTSE 100 index subject to a 50% cap on returns. There is also the possibility of a bonus payment of 50% if the index has risen by 40% or more from its initial level on the final valuation date. Capital is not protected at maturity if the index finishes below 50% of its initial level.
Investors will receive a return of at least 50% if the index has risen by 12.5% or more at maturity. The return of 50% achieved through the l