- Home
- > Savings
Halifax International Portfolio Plus Issue Two and the FTSE 100 index
Why Halifax International Portfolio Plus Issue Two?
With the UK savings interest rate at its lowest ever recorded level, you may be wondering how to earn any sort of attractive return on your hard earned cash.
The new Portfolio Plus deposit could be an alternative solution. It has been designed to give you the potential to receive a better return than you would receive through current cash deposit rates whilst still providing you with 100% capital protection.
What is the FTSE 100 Index?
The FTSE 100 index is a well known and widely used share index tracking the price movements of the 100 largest UK companies by market capitalisation listed on the London Stock Exchange. It comprises stocks from various sectors, mitigating your exposure to any one sector or stock.
The performance of the FTSE 100 can be easily tracked via www.ft.com or www.bloomberg.com. Please note past performance is not a guide to future performance.
__________________________________________________________________________________________________________
*AER - the AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
**Gross - the rate of interest paid without the deduction of tax. Please note that you must declare any interest earned to the income tax authorities in your country of residence.
The use of the phrase "capital protection" or any similar phrases to describe your Halifax International Portfolio Plus Issue Two, or otherwise, in this brochure, refers only to the ordinary contractual obligation of Bank of Scotland International Limited to return the deposit amount in full at the end of the product term. The product is not guaranteed by any party.
