portman guaranteed equity account

Options
theGrinch
theGrinch Posts: 3,122 Forumite
First Anniversary First Post
in Savings & investments
this is the one with a min return of 16% and a max of 60% over 5 years. any thoughts on this or rival products?
"enough is a feast"...old Buddist proverb

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Name Dropper First Post Photogenic First Anniversary
    Options
    Actually 16% return means about 10% loss, because no-risk 5% saving account during 5 years gives you 27.6%....
  • dunstonh
    dunstonh Posts: 116,374 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    Options
    When there are 125% minimums available, this one seems quite poor.
    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.
  • theGrinch
    theGrinch Posts: 3,122 Forumite
    First Anniversary First Post
    Options
    dunstonh good point. can you suggest some with higher minimums?
    "enough is a feast"...old Buddist proverb
  • grumbler
    grumbler Posts: 58,629 Forumite
    Name Dropper First Post Photogenic First Anniversary
    Options
    theGrinch wrote:
    ...can you suggest some with higher minimums?
    I think he means 'Beat stockmarket returns at no risk' article: min 0% / max 125%FTSE.

    For the Portman Guaranteed Equity Bond Issue 7 I cannont find any information about max on their site. Max 60%FTSE was for the Issue 1.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.2K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 247.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards