Morgan Stanley launches protected growth plan

Morgan Stanley has launched the latest tranche of its FTSE Protected Growth plan, which is designed to provide exposure to the FTSE 100 index with 100% capital protection. The six-year trade offers 100% participation in any positive performance of the index. At the end of the third year there is an opportunity for early exit. If the index has risen by 15% or more the investor will receive a fixed 21% return.

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