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Ex Bradford & Bingley Guaranteed Equity Bond

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Comments

  • ses6jwg
    ses6jwg Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    We had a note down about ex B&B combi bonds today.

    As the average reading from the FTSE100 is lower than when it first started, there is a total gain of 0%.

    the note also says these were sold on a non-advised basis.
  • Mikeyorks
    Mikeyorks Posts: 10,377 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ses6jwg wrote: »
    As the average reading from the FTSE100 is lower than when it first started, there is a total gain of 0%.

    .

    Which implies the averaging was over the final 6 months.

    I suppose the OP should at least be grateful for the 7% on 50% of the deposit in the 1st year? As had this been a bog standard GEB he would have got nothing at all.
    If you want to test the depth of the water .........don't use both feet !
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