Loose Change
INVESTORS LOOKING for a stable monthly income from a medium- to long-term investment could do worse than look at the Norwich and Peterborough Building Society's corporate bond ISA, launched this week. The Monthly Income Plus ISA is invested in CGU's Monthly Income Plus Fund, which in turn invests in a range of corporate bonds (iou's issued by companies) and other fixed interest securities. The minium investment is pounds 3,000. There are no exit charges, and no notice is required.
Available at N&P branches or call 0800 883322 for information.
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