Barclays has launched a Defined Returns Plan Annual Kick-Out 90 (June Edition) alongside three additional investments (FTSE Defensive Autocall E1, E2 and E3) offered via platforms, stockbrokers and SIPPs, with potential returns varying from 7.7 to 9.5 per cent per annum depending on the option chosen.

The AKO90 June 2012 Edition is available through Woolwich Plan Managers and the FTSE Defensive Autocall products are available through Transact, Nucleus, 7IM, SEI, Ascentric, Novia, Stocktrade, Abbey Sharedealing and the majority of SIPP providers. 

All four offer the potential for early maturity from the third anniversary onwards should the FTSE be at or above 90 per cent of its initial index level on an anniversary date. A return will be realised on the first anniversary on which this condition is met, from the third anniversary onwards. Capital is fully at risk if the early maturity condition is never met and the final index level is more than 50 per cent below the initial index level.

Additionally B006 FTSE Defensive Autocall E1, E2 and E3 offer the facility to invest right up until noon on the investment start date, along with a daily secondary market once the investment start date has passed, providing this is supported by the investment platform. Should investors sell before kick-out or maturity, they may get back less than they invested regardless of the index’s performance.

“We hope to deliver best-value for the client in the most efficient way for the advisor. This means your rate of return depends on the route that you choose,” said Barclays director Richard Henry.

“Allowing investment right up until the investment start date helps mitigate market timing risk as it substantially reduces the risk of a large movement in the FTSE between making an investment and the initial index level being measured. For similar reasons, we hope the daily secondary market is also well received.”