Is the “Capital Protected Investment Combi Edition” from Royal Bank of Scotland a good deal?
My father aged 76 is attracted by the protection offered – his original investment is protected provided he stays invested until 9 January 2015. Growth will be up to a maximum return of 60% of the original investment. There is a 6.75% initial charge. I would not buy for myself due to the limit on the upside, but my retired father is keen on the protection. I was wondering what the views of others were.
