Bringing you live news and features since 2006 

Jubilee launches plan linked to FTSE 100 and UK inflation

RELATED TOPICS​

Investment firm Jubilee Financial Products has launched the Real Growth Plan, which pays out on the growth of either the FTSE 100 Index or the UK RPI inflation rate, whichever is higher.

The plan invests in securities issued by Santander UK and is designed to appeal to sophisticated investors who believe that the FTSE is likely to grow over the next six years but who are also worried about the prospects of inflation.
 
Adam Habib, chief executive of Jubilee Financial Products, says: “With inflation expectations high as a result of the UK’s increasing government debt, we felt the time was right for a product that protects against runaway inflation. By using a ‘best-of’ feature, we ensure that this doesn’t come at the expense of participation in potential market growth.”
 
The plan is a capital-at-risk product, which means that capital can be reduced at maturity if the FTSE 100 Index has fallen by 50 per cent or more at the close of any trading day during the investment term. Investors can benefit from the growth in inflation even if the FTSE 100 has fallen, thus potentially offsetting some or all of the capital loss.
 
The product is administered by Bank of New York Mellon.

Latest News

LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..
Amundi has reduced its management fees across a wide selection of its ETF range. The firm writes that this move..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD66,675, marking a 4.3..

Related Articles

Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by