Investment Bond | NFU Mutual Launches 5 Per Cent Income Bond

Insurance dilettante NFU Mutual has launched a six-year investment bond with a on trial annual income of 5 per cent.

The FTSE 100-linked structured product is open to applications until the 24 June, or progressing if entirely subscribed.

A 50,000 investment would produce an income of 2,500 a year, on credit in quarterly installments of 625.

In addition, investors who register before 5 June gain from an additional 0.25 per cent bonus,

whilst investors with more than 150,000 will gain from an enlargement of 0.5 per cent. This rises to 1 per cent if investors register 250,000 or more.

However, whilst the annual income is guaranteed, the initial investment isn’t as the bond is related to the opening of the FTSE 100.

If the index drops by more than 49 per cent over the six-year term, the initial funds won’t be guaranteed.

Chris Linpow, personal financial dilettante at NFU Mutual, says: ‘It’s notably tough at the short time for people to find a arguable lapse on their money. But this new bond will give the customers with a on trial quarterly income from their investment.’

He highlights that these variety of structured investments are not fitting for every investor, as they contingency be ready to take danger with their money, as a result the bond is usually existing by NFU Mutual consultants.

The counterparty is NFU Mutual.