NDFA launches latest Growth Kick Out plan

NDFA has released its Growth Kick Out Plan November 08, the 20 th in its series of autocallable products. The six-year plan is linked to the FTSE 100 index, which does not need to rise from its starting level to gain 13% annual growth and a potential 78% over the term.

If the index level is the same as or higher than its starting level on the annual observation date, then capital is repaid in full plus 13% yearly growth on initial investment. If the final index level is less than the starting index level, then initial investment is repaid unless the index falls by 50% or more below its starting level, in which case capital is lost 1:1.

The plan is open until December 15 and requires a minimum investment of £7,200.