You are here: cherry > Press releases for September 2010 > Jubilee Financial Products re-launches unique best-index plan linked to FTSE 100 and UK inflation

07 September 2010

Re-issue of plan due to continuing interest in a product that protects against runaway inflation Innovative ‘best-of’ structure can pay the growth of inflation, even if the FTSE 100 falls Investment boutique Jubilee Financial Products, has issued a new version of its investment plan, the Real Growth Plan, which invests in securities issued by UBS AG. The plan has an innovative structure, paying the growth of either the FTSE 100 Index or of UK RPI inflation, whichever is higher (a ‘best-of’ structure). Jakob Bronebakk, Partner at Jubilee, said: “Feedback from our second launch of this Plan was that there was still an appetite 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, with capital reduced at maturity if the FTSE 100 Index falls by 50% or more at the close of any trading day during the investment term. Bronebakk added that: “An additional benefit of the “best-of” structure is the plan can pay the growth in inflation, even if the FTSE 100 has fallen, thus potentially offsetting some, or all, of the capital loss. “The Real Growth Plan is intended for sophisticated investors who are of a view that the FTSE is likely to grow over the next six years, but who are also worried about the prospects for inflation” Bronebakk said. The product is administered by Bank of New York Mellon, and accompanied by a clear and transparent marketing brochure. – Ends –

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