Irish Life has introduced an offering for the guarantee-conscious investor. Its new tracker bond is designed to begin investment at the lowest value of the stock markets over the next six months.

The Hindsight tracker invests in four indices: the S&P 500, Eurostoxx 50, FTSE 100 and Nikkei 225. The fund is priced daily on the combined average price of the four indices.

Growth on investment will be based on the fund's lowest price at any point over the next six months. The minimum investment is €6,500 and the bond is 100 per cent capital guaranteed.