Nvesta’s new plan links to Eurostoxx

The UK’s Nvesta is to launch the second tranche of its five-year Income Plus Plan. The plan, first launched in 2004, is linked to the performance of the Dow Jones Eurostoxx 50 Index, and offers a minimum income of 4% per year plus a potential 3% bonus paid annually.

The bonus is paid for each year that the Eurostoxx 50 index finishes above the initial strike level. For the second year in succession, the maximum income of 7% will be paid to investors.

According to Anthony Green, business development director at Nvesta in London, Nvesta is looking to launch a similar product in the near future. “There is a strong demand for income,” he says. “But at present it is impossible to do a traditional high-income product with attractive rates and we feel that the