Irish Permanent has released its latest tracker bond products, Suretrack 1. This five-and-a-half year bond offers investors a 100 per cent guarantee on the capital invested while giving an opportunity to earn up to 60 per cent of possible stock market growth over the term.
Suretrack 1 investments are split evenly between the Eurostoxx 50 and the Japanese Nikkei 225. If there is any growth in these stock market indices, investors are guaranteed a 20 per cent return on their investment.
For investors looking for a shorter investment term, Suretrack 1 also has a three-year, nine-month bond on offer with returns of 45 per cent of stock market growth. There is a 10 per cent guaranteed return if there is any growth in the relevant stock market indices.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/VR3765MFOBH2NMV2QNICYDF67M.png)