First Active launches bond

FIRST ACTIVE has launched a Property and Commodities Investment Bond.

The five-year bond provides 100% capital security at maturity and splits investors’ funds equally between an index that measures the European property market and a commodities’ basket that reflects prices of aluminium, copper, nickel, lead and oil.

Investors will receive a minimum return of 8% gross, the equivalent of 1.41% per annum and stand to gain 55% of the growth in the investment. Minimum investment for Irish residents is €2,000.