Investec issues new range of struc prods

Investec Structured Products has launched a new suite of eleven plans supported by a range of counterparties.

New plans include the continuation of Investec's FTSE 100 Enhanced Kick-Out plan with Morgan Stanley as an alternative asset provider and its kick-out plans including the FTSE 100 Enhanced Kick-Out Plan 8 with Morgan Stanley as counterparty.

Meanwhile, the Investment plans have retained the same terms, except for FTSE 100 Accelerated Growth 14 which has an increased return profile. The terms for all the Accumulation plans are unchanged.

Gary Dale, Investec head of intermediary sales, says the continued options of Lloyds TSB or Morgan Stanley as additional counterparties allows clients to build a more diversified portfolio.

"The key benefit of the additional asset providers is that investors are able to reduce their exposure to an individual asset risk by holding investments with a range of asset providers, whilst retaining a similar return profile," he says.

The plans are open for investment from 21 December to 29 January 2010.