| News > New 95% Capital Protected Bond Launched By Friends First In Partnership with BCP Asset Management Friends First has introduced a new “Triple Growth Recovery Bond” to the market. Together with BCP, specialists in “Capital Secure Bonds”, Friends First has crafted a secure investment product that combines solid investment potential with the benefit of 95% capital protection. Investment in the bond is linked to the performance of a basket of 24 equally weighted shares. The selection focuses on blue chip companies with sustainable long term growth prospects, strong balance sheets and low borrowings. The bond is structured so that at the end of the 4-year investment term investors will receive 95% of their capital back, plus three times the average growth of the shares. Capital growth is calculated over the full four years but will be averaged over the last six months to protect from short term volatility. The total maximum return is capped at 60.25% (equivalent to 12.5% Compound Annual Return.). “In recognition of the ongoing turmoil in investment markets, we believe an element of capital protection is extremely important,” commented Simon Hoffman, Pension and Investment Manager, Friends First. “So too though is the opportunity to participate in any market recovery. We are very excited to be able to team up with BCP Asset Management to introduce the Triple Growth Recovery Bond and offer investors the opportunity to exploit its potential.” The bond is a single premium investment with a minimum investment of €10,000 and a 4-year investment period. The closing date for investment is the 27th March 2009. Key Features
Closing date 27th March 2009 * 95% capital protection provided to Friends First by Bank of
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