Standard Bank Jersey and Standard Bank Isle of Man are adding a structured product to their range, opening the vehicle to subscription until 23 August.

Quantum PLUS 6 is designed to return investors' initial capital, along with interest on half the principal while the other half provides for exposure to stock market growth with a minimum return even if markets fall, the firm said in a statement.

“We expect to see high demand for this competitive offering which offers returns linked to the performance of a stock market index, but without the usual risk of volatile market movements. Given the current economic uncertainty, now might be an ideal time to commit to a product which provides peace of mind along with the opportunity to take advantage of any continued stock market recovery,” said Adam Hunt, head of high net worth clients at Standard Bank.

Quantum PLUS 6 divides cash equally between a one-year ( the Quantum portion) fixed term deposit maturing on 7 September 2012, and 5-year (the "plus" portion) fixed term deposit maturing on 14 September 2016, available in sterling, US dollars, the euro or Australian dollar; minimum deposit amounts are £10,000, $20,000, €15,000 or A$20,000 respectively.