Structured Products
Incapital Launches Three New Structured Products
Incapital Europe – the London-based affiliate of US investment bank Incapital – is signing off 2010 with an expanded structured investment range, as it gears up for significant expansion plans in the UK in 2011. The new investment strategies include the first retail auto-call to target Greater China and a new income plan.
Continuing its Capital Accumulator Auto-Call Plan – Dual Index Series in a twelfth issue, the six-year plan offers 11.25 per cent growth potential at its first anniversary, with an additional 5.625 per cent every six months thereafter. The Plan auto-calls at the first anniversary or subsequent six-month trigger point, with no growth required in FTSE 100 and S&P 500 indices.
The Greater China option, which is linked to the Hang Seng China Enterprise and MSCI Taiwan indices, provides 14 per cent growth potential at its first anniversary, with an additional 7 per cent every six months thereafter. The Plan auto-calls at the first anniversary or subsequent six-month trigger point, with no growth required in the indices.
The six-year Equity Income Plan – FTSE 100 Series pays 1.75 per cent income quarterly if the FTSE 100 is at or above 60 per cent of its initial level.