Investment Strategies
Barclays Wealth Launches Online Investment Information Service
Barclays Wealth, part of UK bank Barclays, has launched an online valuation document which allows investors to measure what the maturity value of protected investments, a move that Barclays Wealth says will help to make investments more transparent.
The Snapshot Valuations Summary informs clients of what their investment is currently worth, the circumstances which might put their capital at risk, and what they may receive when their investment matures.
Payout estimates are based on the assumption that the index or asset to which to which the investment is linked will, at maturity, have remained static since Barclays Wealth’s last valuation date. While any subsequent price movements cannot be taken into account, Barclays Wealth believes the Summary will help investors to understand how their investment is progressing and how market changes might impact their final return.
The Summary includes information on: the performance of each investment’s underlying index or asset; the price of each investment at its latest valuation; potential maturity price and potential maturity payout. Investors in non-full capital protected products can also see the percentage by which each underlying would have to fall before their capital becomes at risk.
“Transparency and education are key planks of our offering and we understand that investors, particularly in such turbulent markets, are anxious to know how their investments are performing… We hope that the vast majority of our investors - many of whom will no doubt have suffered substantial losses in unprotected equities - will find the summary reassuring in what continue to be very challenging times,” said Colin Dickie, director of Barclays Wealth.
The Snapshot Valuations Summary is accessible online, or can be requested in hard copy, and is issued independently of Barclays Wealth’s bi-annual valuation statement.