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Barclays funds target 1.5X FTSE, emerging markets

Barclays Wealth launched on May 11 a six-year fund called FTSE Returns Plan. The plan tracks the FTSE 100 Index and offers investors a return of 1.5 times of any rise in the FTSE 100, up to a maximum of 42% at maturity. The fund has lock-in triggers that are activated if the index closes 14% or more above the…

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