barclays capital income plan

Barclays Capital’s FTSE Dividend Investment uses dividend futures on the FSTE 100 to generate a cash-plus income.

barclays capital income plan


In a statement announcing the product launch, Barclays Capital said: “We believe that, following a recent sell-off, the 2016 futures contract – to which the investment is linked – is trading at an unduly depressed level, with analysis suggesting it could realise at a much higher level than is currently priced in.”

Launched last week, the investment has an annual coupon of 2.15% from 2011 until 2016 as well as exposure to the FTSE 100 Dividend Index.

The medium-term note is issued by Barclays Bank and the coupon is paid annually, from December 2011 to December 2016. The entry level was recorded as 175 on 7 October, 2011.


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