Barclays Wealth has reissued the six-year version of its Defined Return Plan. It offers a fixed return of 44 per cent providing the FTSE is at or above its starting level at maturity. As with previous issues, investors’ capital is returned in full at maturity, irrespective of market performance. But if investors withdraw prior to maturity, capital will be placed at risk.

“Although the markets have rallied recently, nervousness amongst investors over the long-term sustainability continues. Easily understandable products offering competitive returns without putting capital at risk therefore still play a big part in our offering,” Lisa Chaudhuri, vice president, said in a statement.