Alico Wealth Management has launched the second tranche of its series of structured investments.
Product director Mark Hawthorne said the launch of the Controlled Opportunity Growth Structure 2 (Cogs2) is a response to the positive reaction to its debut product. He stressed that Alico has guaranteed that it will pay the promised returns even if the assets default.
Cogs2 will be available only through products within Alico's Select Portfolio, with a gross version for clients investing in the Retirement Plan/Isa and a net version for investment bond/Advantage Investment Plan clients. In both versions, investors will be able to select from 11 different risk settings ranging from full capital protection to complete loss of capital.
Cogs2 will be available for subscription until 30 July.
This product is available now in Recent Additions (UK).