Britannia has launched a new range of Guaranteed Capital Bonds, including a brand new inflation-linked product.
Available from 26 July, the new five year Inflation Linked Guaranteed Capital Bond ILGCB gives customers the chance to benefit from potential growth in either the FTSE 100 Index or the Retail Price Index RPI - whichever is greater over the five year period.
Tim Franklin, Managing Director of Member Business, said: "With so much debate about inflation and increasing fuel and food prices, our new inflation-linked bond provides a buffer against the effects of inflation over the next five years."
Savers will benefit from the greater of either 50% of the FTSE 100 Index growth, or any percentage growth in the Retail Price Index. However, the bond guarantees that the customer's original capital is protected even if there is no growth in either Index.
The ILGCB is also available as an ISA, so customers can also benefit from a tax free return.
Other products in Britannia's new suite of Guaranteed Capital Bonds range from three to six year investments, all with an increased potential return than the Society's previous range.
Customers looking for more information about Britannia's range of savings products should visit their local Britannia branch, visit the website www.britannia.co.uk or call 0800 013 4860.
Moneyextra.com recommends you take independent financial advice before acting on any article
Back2008-07-28 00:00:00 © Moneyextra.com
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| £386.94 | 6.2% | Fixed | £23,216.38 | |
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Representative example: based on a loan of £20000 Representative APR 6.2% Fixed. Total amount repayable £23,216.38 at £386.94 per month for 60 months. |
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| £333.33 | 0.0% | Variable | £20,000.00 | |
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Representative example: based on a loan of £20000 Representative APR 0.0% Variable. Total amount repayable £20,000.00 at £333.33 per month for 60 months. |
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| £333.33 | 0.0% | Variable | £20,000.00 | |
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Representative example: based on a loan of £20000 Representative APR 0.0% Variable. Total amount repayable £20,000.00 at £333.33 per month for 60 months. |
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| £333.33 | 0.0% | Variable | £20,000.00 | |
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Representative example: based on a loan of £20000 Representative APR 0.0% Variable. Total amount repayable £20,000.00 at £333.33 per month for 60 months. |
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