InvestmentsAug 22 2013

Dual index offerings among Investec’s structured launches

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Investec Structured Products has unveiled a new range of structured products available for investment until September 27.

The 11 new launches include a range of kick-out plans, which give investors the chance to pull out of the plan early and receive fixed returns, and two income plans, which pay out a fixed monthly sum of 0.52 per cent or 0.48 per cent, dependent on whether the plan is execution only or facilitating adviser charging.

The collection includes two new products, the Dual Index Enhanced Kick-Out Plan 1 and Dual Index Defensive Kick-Out Plan 1, which are linked to the increases in both the FTSE 100 and the S&P 500, rather than just one index.

Gary Dale, head of intermediary sales at Investec Structured Products, said: “Our business model since inception has always been to focus on single index structured investments.

“However, it has become clear following adviser feedback and our consumer research that investors have an appetite for multi-asset products as part of a wider portfolio.”

The charges for the products are already deducted from the expected returns advertised, with previous plans levying charges of approximately 3 per cent plus a plan manager’s fee.