More NewsBarclays Stockbrokers Launches US Supertracker

Barclays Stockbrokers Launches US Supertracker

All eyes will be on the US this month as Barack Obama is inaugurated and following the rapid decline of the US economy in 2008, the US market is predicted to begin its recovery this year. Barclays Wealth research predicts growth in US equity prices of over 15% in 2009 and a further 9.3% in 2010, as the economic recovery kicks off in the second half of the year. In response to this predicted growth, Barclays Stockbrokers has launched the US Top 500 Supertracker Investment Note

The Note, which is linked to the market value of the S&P 500 Index, aimed at investors looking to capitalise on predicted US growth, has a three-year term and offers two times the rise of the index up to 25%. Therefore the final index level only needs to have risen by 25% at the end of the three years for an investor to receive the maximum 50% return. Capital is repaid in full at maturity provided that the S&P 500 Index has not fallen to less than 60% of the initial index level at any time during the term. If it has and, at maturity, it is lower than the initial index level capital will be reduced by 1% for every 1% the Index is below its initial level. The Note is available until 26 January 2009, with investments beginning at £500.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha