Investment Strategies

Barclays Wealth Reissues Structured Product With S&P 500 Option

Nick Parmee 6 May 2009

Barclays Wealth Reissues Structured Product With S&P 500 Option

Barclays Wealth is reissuing its Super Tracker with an additional option for investors seeking to accelerate future gains from the US stock market.

It is a three- or five-year investment offering geared exposure to the FTSE 100 or – as from this issue of the five-year version – the S&P 500 index. This new option offers four times the first 22.5 per cent rise in the S&P 500, subject to a maximum return of 90 per cent.

The three-year FTSE 100-linked option offers investors four times the first 12.5 per cent rise in the index up to a maximum return of 50 per cent, while the five-year option offers four times the first 25 per cent rise in the FTSE with a maximum return of 100 per cent.

All three options will repay investors’ full capital unless their respective index falls by more than 50 per cent at any time during the term and remains lower than its starting level at the maturity date, in which case capital is lost 1:1 with the index.

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