NatWest International Personal Banking (IPB) is launching its Navigator Structured Deposit Account into the offshore market for the first time.
The five year product has full capital protection and offers investors a return of 100% of the growth of the RBS Navigator Index over the investment term.
It is open to investors until 12 February this year, with a minimum deposit of £10,000, and will be invested from 4 March, closing on 6 March 2015.
Dave Isley, head of NatWest IPB said: “We know our customers value the ability to save in new areas, but still have capital protection in place.
"The Navigator account gives people the opportunity to benefit from the market conditions with the comfort of knowing their initial deposit is protected.”
While this is the first time a ‘Navigator’ product from NatWest has been made available to the offshore market, the RBS group has launched similar products, linked to its Navigator Index, for UK investors in the past.
Last year it came under fire for launching a range of structured products using the failed firm, Keydata Investment Services, as administrators. The range included a product linked to the RBS Navigator Index.
