Barclays Wealth unveils new Defined Returns Kick-Out plan

Barclays Wealth has reissued its Defined Returns Plan Annual Kick-Out, which offers investors the chance of an early investment return after two years subject to FTSE 100 index performance.

An investment return will be realised on any anniversary – from the second onwards – where the FTSE 100 index is at or above its starting level, offering a return of 7.25% for each year the investment is in force; capital will then be repaid and the investment will come to an end.

For example, if the FTSE 100 is at or above its starting level at its second anniversary, investors will receive 14.5% and their capital will be repaid. If this occurs on its third anniversary, investors will receive 21.75%; and so on up to 43.5% on its sixth and final anniversary.

If there has been no early disposal after six years, capital will be reduced if the index closes below 50% of its starting level, at maturity. Should this happen, investors will lose capital on a one for one basis with the index.

Richard Henry, director for investor solutions at Barclays Wealth, said: “At Barclays Wealth we are committed to offering our clients competitive investment solutions. Our Kick-Out products continue to be popular with investors who are attracted to a pre-defined level of income with the chance of a payout after only one year. With volatility still apparent within the markets, we hope this investment enables clients to diversify their investment portfolios further.”