Legal and general are offering a mini cash ISA type investment as follows:
"You get an annual income of 5.3% gross/AER on half of your money for five years, while on the other half you receive 50% of any capital growth in the FTSE 100 Index. And don't forget, there is no risk to your capital if held for the full five years."
There are no other fees. It looks like a reasonable investment to me but I'm interested in other people's opinions. What do you think?