Startpoint offers lock-in and 60% barrier on FTSE basket

Startpoint is offering a six-year at-risk growth product to UK investors that locks in the best performer of a basket of shares on the annual observation dates, but the same share cannot be used twice

Startpoint Investments is offering UK investors a six-year lock-in plan for which the potential return is dependent on six UK stocks from the FTSE 100 index. This is a capital-at-risk product, but instead of linking the risk to the six stocks it is structured so that return of capital is linked separately to the FTSE 100. If the 60% European (final-day) barrier is breached by the index at maturity, capital will be lost at a rate of 1% for every 1% fall in the index.

There are six annual