EuroTrack 50 offer from First Active

First Active has launched another Tracker Bond. EuroTrack 50 is linked to the performance of the Eurostoxx 50

First Active has launched another Tracker Bond. EuroTrack 50 is linked to the performance of the Eurostoxx 50. This product guarantees the investors' original capital and offers a choice of two separate investment options. Option one is for three years and six months and option two is for a term of five years and six months.

The first option allows investors to participate in 35 per cent of the Eurostoxx 50 growth over the investment term. If there is no fall in the value of the index at the end of the investment term a minimum return of 10 per cent (CAR 2.76 per cent) becomes payable. At the end of the term, investors receive all of their original capital investment plus the greater of the minimum return or the Eurostoxx 50 participation growth.

The second option is similar, but allows 50 per cent participation in growth and if there is not fall in the index a 20 per cent (CAR 3.37 per cent) return is payable. At the end of the term, investors receive all of the capital plus the greater of the minimum return or the Eurostoxx 50 participation growth.

The minimum investment for both options is £3,000 (€3,809) and the closing date is November 30th.