New Products

New Offshore Deposit Account from Barclays Capital

Nick Parmee 2 August 2007

New Offshore Deposit Account from Barclays Capital

Barclays Capital has launched a new structured deposit account specifically designed to offer investors exposure to global equities, global hedge funds, European property, and global commodities. It offers 100 per cent capital guarantee with a minimum return and uncapped exposure to a basket of major indices from across the world and across asset classes. As a multi-currency deposit it aims to attract investors that separately hold cash in an offshore bank account or life bond, providing the means to bring all their assets under a single arrangement. It offers 150 per cent participation in the upside performance of the basket. For a minimum investment of £50,000 ($100,000 or €75,000) investors are guaranteed a full return of their initial capital investment plus a minimum return, providing the product is held until its full five year maturity.

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