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In times like today, its hard to find a good home for your money. Moneywest can help you with the support from 'The Skipton Building Society'

Skipton Building Society
'Guaranteed Double Asset Bond'

Take advantage of the FTSE 100 with no risk to your capital

If you like the idea of a return linked to the FTSE 100 growth, but are concerned by the unpredictability of the markets, the Skipton Building Society Guaranteed Double Asset Bond may offer you a solution. In simple terms it is a building society account, so your capital is guaranteed - enabling you to invest risk free. You could benefit from a return linked to the FTSE 100.

What is the FTSE 100 Index?

The FTSE 100 Index is a benchmark index, tracking the performance of the London Stock Exchange. The full name is the Financial Times Stock Exchange 100, but it is commonly called the Footsie. The FTSE 100 Index comprises the 100 largest companies trading on the Exchange.

As your money is not invested directly in the companies that make up the FTSE 100 index, you do not receive a dividend income. The potential return of this element of the bond is linked to the performance of the index as a whole. Whilst the potential return is lower when compared to a direct stock market investment, your capital is guaranteed. There is no guarantee that you would receive your original investment back with a direct stock market investment.
 

How the Bond Works

Investment requirements:

• Minimum investment: £3,000, by cheque or transfer
• £1,000 in the 1 Year Fixed Rate Bond
• £2,000 in the Index Linked Bond
• Maximum investment: £250,000
• Not avaialble for ISA investments
• No electronic applications - all paper based.

1 - The 1 Year Fixed Rate Bond

2 - The Index Linked Bond - FTSE

• The initial reading is the closing level of the FTSE 100 Index on 24th March 2010.
• The final growth value will be based on the average of the readings from and including 18th September 2014, up to and including 17 September 2015.

The effect of averaging may affect the final level of the Index used to calculate the benefits. The final reading is compared to the initial reading and clients will receive 100% return of any positive growth of the FTSE 100 Index, subject to the maximum growth of 60%.

Maturity date: Midnight 21st September  2015
 

How to Apply

For more information on this product, please use the contact us form and select Savings Bond or give us a call on our free phone number 0800 9 10 11 12
 

About Skipton Building Society

Skipton Building Society is the fifth largest building society in the UK. Founded in 1853, Skipton enjoys a national presence represented by 90 branches from Aberdeen to Plymouth, and over 860,000 customers.

An innovator in the field of mortgage and investment products, the Society stands apart from its counterparts as the parent to 21 subsidiary companies, many of which operate in the financial market.

As a mutual, they are owned by our members (those with savings or mortgages with the Society) and not by another organisation, so we don’t have shareholders or dividends to pay from the profit they make.

Instead, their profit is re-invested in the Society, meaning they can offer attractive rates and maintain a financially robust business. It’s a simple arrangement but it’s one they have stuck to for over 150 years.
 

Skipton Building Society Guaranteed Double Asset Bond

Full product details we be sent to you on request, please note that you are responsible for ensuring that this product meets your needs. If you are not unsure of the suitability of this investment you should seek advice.

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