Gilliat offers improved terms on new structured products

Gilliat has launched a new product range that builds on five existing structured product offerings.

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The firm’s latest Income Builder offering now has two investment options, with levels for income accrual and capital protection fixed at either 3,000 or 4,000 points on the FTSE 100, offering up to 6% and 7.2% per annum respectively.

The Diverse Deposit, meanwhile, now offers 100% participation in its commodities and Bric indices options and 125% participation in the domestic equities index.

The range also includes the Kick Out product, which has the potential to kick out at up to 11% after year 1, the Growth Multiplier, offering a payment of eight times any rise in the FTSE 100 (capped at 80%) and the Twin Win, offering 1.3 times any rise or fall in the FTSE 100 providing the index has not lost more than 50% of its start value.

"As always, all of our products are supported by in-depth backtesting and show some very strong simulated past performance. The Growth Multiplier, for example, would have achieved the maximum 80% growth payment on 75% of occasions since the FTSE 100 started," said Gilliat managing director Andrew Neave.