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Home > Investments > Structured Products

Morgan Stanley unveils ‘Golden Jubilee’ growth plan

Morgan Stanley has launched its 50th protected growth plan as economic headwinds continue to create volatile and unpredictable markets.

By Julia Bradshaw | Published Aug 02, 2012 | comments

Nev Godley, vice-president of Morgan Stanley, said the latest plan offers investors 28 per cent capital growth if the FTSE 100 has risen by 5 per cent or more on the third anniversary of the plan.

If this does not happen, the plan will continue to complete a six-year term, returning investors any growth in the index or 100 per cent of their initial capital if the index has fallen at maturity.

The FTSE 100 has moved by more than 10,000 points since Morgan Stanley first launched the protected growth plan in 2003, peaking at more than 6000 and falling below 4000 points twice.

In that time, Mr Godley said 13 protected growth plans have kicked out, returning an average of 27 per cent growth over three years.

A further three products have run to maturity, with two returning initial capital in full during periods of negative index performance, and the third returning more than 15 per cent.

Mr Godley said: “Offering pre-defined returns in such volatile and confusing market conditions is still popular among investors

“The strategy of providing full capital protection and the opportunity for capital growth is still proving attractive to investors in yet another economic crisis.”

The plan opens for investment on 1 August 2012 and closes 12 September 2012, except for Isa transfers, which close on 5 September 2012. The plans strike on 3 October 2012.

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