Capital Secured Growth Funds:
Investors with a lower risk appetite or a shorter investment time horizon generally prefer a degree of certainty over capital, while seeking returns related to the performance of some of the world's stock markets.
|European Growth Fund||Nasdaq Bonus Fund|
|Maximum return||Your capital plus up to 324% (6% per month) - Sterling 283.5% (5.25%per month) - US Dollar 256.5%(4.75%per month) - Euro. The index would have to rise by the maximum monthly amount every month throughout the investment term to achieve this growth. This would be highly unlikely but shows that good growth potential is available||Your capital plus an unlimited return, based on five locked-in potential bonuses.|
|Minimum return||Your original investment||Your original investment plus 11.5%-Sterling or 9.5%-US Dollar|
|Index links||Dow Jones
EURO STOXX 50 Index
|Why these markets?||Recent market valuations show that the index is trading near its five-year low, and well off its historical high of March 2000. This low value may represent an attractive level of entry for a medium to long-term investment.||The index has performed well in 2003, increasing to over 22%, year to date, to June 2003. With the computer equipment, software, telecommunications and biotechnology sectors accounting for nearly 80% of the index's weighting, the Nasdaq-100 is well positioned to take advantage of the anticipated global upswing in the technology industry.|
|Potential for growth||Maximum growth of up to 6% is accumulated each month. If at any point the sum of monthly performanceis 25% or 50%, that growth is locked-in and cannot be eroded. There is no limit to how much the index can fall each month.||
Four annual bonuses:
One semi-annual bonus:
|Currencies||Sterling, US Dollar and Euro||Sterling and US Dollar|
European Growth Fund
Nasdaq Bonus Fund
Recommended as a medium term investment, be prepared to hold the fund for the full investment term. Cashing in some or all of the investment before the term is up may not yield the original investment back in full. You should also be aware that this is not a guaranteed investment.
If in any doubt, seek professional financial and tax advice and always read any small print carefully to make sure you understand the investment properly.
The future is the key. It's not about making up past losses;
a bull market that goes on to new highs takes care of that. It's about positioning oneself to realise the things better times will bring.