BARGAINS OF THE WEEK: FINANCE

FINANCE

DEAL OF THE WEEK

High-income investments are the saver's Holy Grail. So when a fund offers up to 8.5 per cent annually, tax free for five years, it needs reporting.

Singer & Friedlander has launched a High Income ISA at that rate, or 2 per cent if paid quarterly, with a capital option of an investors' initial payment.

The ISA guarantees a return of capital - providing the DJ Eurostoxx 50 index of leading European companies is at the same or higher level at the end of the investment period as at the beginning. In every five-year period since launch in 1972, it has shown a positive return. Call 0800 888850.

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