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Any good?
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Pobby
Posts: 5,438 Forumite
A number of companies are offering bonds that typically last 5 years.They track the fste 100 and will pay out any gains plus a bonus{say 12%} at the termination,no risk to capital.Any good?If so can they go into an isa wrap?
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I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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``5 - The provider will not be investing your money in the FTSE100. They will have it invested in a range of areas that you can invest in as well. They will be looking for a return of around 5-10%p.a. higher than what you will get. Just look at that example above from 5 years ago. They probably returned around 10% pa. on investors money from 2001. However, the investors got zilch.``
Thanks for that info.Right now I would like to get a yield above 5% but have no idea where to look.0
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