Investments  

L&G rolls out latest in growth deposit bond series

“Investors need to think about what they would get if this sum was invested in a deposit account for six years. Typically you might get about 2.75 per cent fixed on a five-year deposit. If the investor took no risk and just put money into a five or six year fixed-term deposit, they are likely to end up with about 17.7 per cent. That is what the investor is risking.

“If you are reasonably optimistic you would expect the FTSE 100 index to rise over the next six years, which I would like to think most investment managers are expecting.”

Verdict

This product could generate good returns for investors who do not want to be at the mercy of investing in volatile equity markets.