FVC review: Mariana launches callable FTSE 100 income plan

Future Value Consultants reviews Mariana Capital Markets’ callable FTSE 100 income growth plan. The product, which struck in February, offers an annualised coupon of up to 7%, but it can be called early by issuer Societe Generale

London Stock Exchange – home of the FTSE 100

New to the retail market is a six-year, callable income product from Mariana Capital Markets, linking solely to the FTSE 100 index. The product, which struck at the end of February, offers potential income payments every quarter throughout the life of the product.

The level of income that the investor will receive depends on the closing level of the index on each quarterly observation date. The investor will receive a coupon of 1.75% if the level of the index is at least as high as initial level