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Newcastle 6 year ISA?
vigman
Posts: 1,384 Forumite
Has anyone got thoughts or advice on the Newcastle 6 year ISA based on the FTSE, please?
TIA
Vigman
TIA
Vigman
Any information given in my posts or replies is intended to be of interest and/or help to members of the forum. I cannot guarantee that this is accurate or up to date.
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Comments
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To get the maximum 7.46% AER return the FTSE has to rise by 4.5%+ in twelve consecutive six-month periods.
Personally I wouldn't touch it (or indeed any GEB-type product) with a bargepole.0 -
Sceptic001 wrote: »To get the maximum 7.46% AER return the FTSE has to rise by 4.5%+ in twelve consecutive six-month periods.
Personally I wouldn't touch it (or indeed any GEB-type product) with a bargepole.
Many thanks! I felt very uneasy about it, but they were continually quoting the 54% possible return!
Since the issue of the half opened 4yr 4% ISA and their cancelling of it after encouraging me to fund it, I'm not overly impressed with Newcastle to say the least.Any information given in my posts or replies is intended to be of interest and/or help to members of the forum. I cannot guarantee that this is accurate or up to date.0
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