Product category:
Investment funds
News Release from: Baronworth Investment Services | Subject: Guaranteed Bond
Edited by the Insidemoneytalk Editorial
Team on 21 March 2008
Guaranteed bond rates remain the same
We enclose our up to date Guaranteed Annual Income, Monthly Income and Growth Bond Surveys.
Over the last week there have been no changes to Guaranteed Bond rates With the increasing uncertainty in the financial markets, we have found more and more investors with sums in excess of £35,000 (the Financial Services Compensation Scheme limit) willing to accept a slightly lower rate than they can get from deposit takers in return for the comfort of uncapped compensation in the event of the provider going bust
This article was originally published on Insidemoneytalk on 22 Feb 2007 at 8.00am (UK)
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We enclose our up to date Guaranteed Annual Income, Monthly Income and Growth Bond Surveys.
It is not unusual for us to receive enquiries from investors with £1m plus to put away.
As you can imagine, if they put this sort of sum with a deposit taker that went out of business the loss to them would be horrendous - hence the willingness to accept a slightly lower return in exchange for security.
Today's best rate from the survey: 3 YEAR ANNUAL - £250,000 plus - PINNACLE 4.66% P.A.
NET OF BASIC RATE (Equivalent to 5.82% p.a.
gross for a basic rate tax payer and 6.21% p.a.
gross for a higher rate tax payer).
(Improved rates are available for investments of £500,000 plus).
We would be delighted to send any of your readers our Guaranteed Income or Growth Bond Surveys free of charge.
All they need do is write to us, telephone, fax or e-mail as below.
Although we operate a commission sharing arrangement on all investments, we do not charge any fees.
Income and Growth Bond rates are monitored throughout the day.
We can always provide you with the most up to date rates instantly (by telephone, e-mail or fax) on any working day.
For further information please contact:Colin Jackson By e-mail to colinjackson@baronworth.co.uk.
By telephone on (020) 8518 1218.
By fax on (020) 8518 4313.
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