L&G Adds Six-Year Growth Deposit Bond

Legal & General has expanded its structured products series with the 6 Year Growth Deposit Bond 9.

Legal & General (L&G) has expanded its structured products series with the 6 Year Growth Deposit Bond 9, Financial Times reports. The bond targets a minimum return of 13% after six years or 100% of any capital growth in the FTSE 100 Index up to a maximum of 50% of the original investment. The minimum investment needed is £500. The bond is available as a deposit plan, with a new cash Isa application of up to £5,340 and for cash Isa transfers with no maximum limit. It is available for investment until October 7.

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