First Active has launched its first tracker bond of the year. The closing date for all investments is March 13th and the minimum investment amount is £3,000.

The Secure Global Bond - which is linked to the Eurostoxx 50, FTSE 100, Nikkei-225 and S&P 500 stock market indices - secures the investors' original capital and offers a choice of two investment options.

The first option allows the investor to participate in 50 per cent gross of the potential growth of the stock market indices over the investment term of three years.

The second option allows the investor to participate in 75 per cent gross of the potential growth of the indices over the investment term of five years.

An averaging period, which reduces the impact of any adverse stock market fluctuations leading up to the maturity date, will apply for the final six months in the case of the first option and 12 months in the case of the second option.