Barclays Wealth is launching a
three-year Super Tracker
Shortening the investment
Barclays Wealth is launching a three-year version of its Super Tracker to meet mounting demand for short-dated investments able to boost returns in a low-growth environment.
The new Super Tracker, open for investment until 29 August 2008, offers three times the rise in the FTSE 100, up to a maximum of 45 per cent.
This means that the index only needs to rise by 15 per cent for investors to receive the full return.
As with the five-year version, which was launched earlier this month, the three-year Super Tracker will return investors’ full capital unless the FTSE falls by more than 50 per cent from its initial index level and fails to return to the initial level by the maturity date, in which case capital is lost on a 1:1 basis in line with the index.
Colin Dickie, director at Barclays Wealth, says, ‘Our five-year Super Tracker has been a regular offering to investors. However, we have experienced significant interest in a shorter-dated alternative.
‘Having launched shorter-dated Super Trackers in the past, we know that there is appetite for this type of structure, and with a number of maturities imminent, it makes sense to have an attractive investment for investors to roll over into.’
For more information, visit www.barclaysinvestors.com
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