Bristol & West's new mini cash ISA offers 120 per cent of the growth of the FTSE 100 over five years.
It also guarantees the return of client's initial investment regardless of how the FTSE performs over the period.
Bristol & West predicts that the Guaranteed FTSE Bond five year ISA could provide tax-free interest of around £1,000.
That is if the UK economy continues to grow at its present pace.
"Our new five year cash ISA provides an excellent opportunity for investors looking for generous growth potential, but wishing to protect their capital," commented the head of Bristol & West Structured Products, Jim Goddard-Jones.
Bristol & West also feels that as the initial capital is guaranteed, this product is ideal for the low risk element of clients' portfolios.
It also offers investors the ability to transfer existing ISA savings held with other providers to this stock market linked product.
The Guaranteed FTSE Bond five year ISA forms part of Bristol & West's new Guaranteed Equity Bond range for IFAs.
Available exclusively through IFAs, the range includes ISA and non-ISA FTSE linked bonds, an Income & Growth Bond and a Kick Out bond.
Mr Goddard-Jones added: "Our new range contains eight products specially designed for
the IFA market and based on the feedback we receive from advisers."
Bristol & West new FTSE ISA
Bristol & West new FTSE ISA
Fri, 08 Apr 2005
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