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Barclays Wealth Management has launched a new range of structured products as an alternative to unprotected equities.

The new products will be open between 1 September and 31 October and have been designed for investors seeking growth, income or a capital-protection structure.

The products include the Protected FTSE Plan, which offers investors 1.5 times the rise in the FTSE100 index up to a maximum return of either 27 per cent for the three-year option or 60 per cent for the five-year option.

Investors can alternatively select the plan's early maturity feature, which will deliver a 30 per cent return after two and a half years if the index at that point is 30 per cent or more above its initial starting level.

The second plan is the Super Tracker, which is aimed at investors willing to take a degree of risk. It is a recovery vehicle that offers three times the rise of FTSE100 up to 40 per cent for the three-year term or five times the index rise up to 75 per cent. Capital protection applies unless the FTSE100 falls more than 50 per cent.

Colin Dickie, director at Barclays Wealth Management, said the Super Tracker was particularly suited to clients who were approaching retirement or needed to supplement their pension pots.

Other products in the range include the six-year Minimum Return Plan, which provides full capital protection and a return of 18 per cent at maturity plus a possible 26 per cent bonus if the FTSE 100 never dips beneath 60 per cent of its initial level.

Lastly, the five-year Regular Income Bond is linked to the Dow Jones Stoxx50 and generates a quarterly income of 1.78 per cent or an annual gross income of 7.25 per cent. Capital protection applies unless the index loses 40 per cent of its initial level.