Hilbert Investment Solutions has launched 3 Stock Conditional Quarterly Autocall – Issue 3, a structured product which is linked to the performance of three FTSE 100 stocks and aims to provide investors with quarterly income payments.

The stocks are Barclays, Aviva and Vodafone Group, and the plan aims to offer investors a 2.5 percent quarterly coupon, so it has the potential to provide a 10 percent return per annum. It will do so as long as the closing levels of all three stocks are at least equal to 60 percent of their opening levels on any quarterly measurement date.

The structured product is available as part of Hilbert’s Income Series – a mixture of bespoke, public and private placements designed for the UK retail market.

Hilbert’s Founder and former Skandia Investment Group head of structured products Steve Lamarque, said, “The first two issues of this product paid all of the coupons since inception, despite turbulent market conditions, so we’ve received a lot of interest for issue 3 from UK IFAs.”

Rob Harris Director at Fargrove Financial Solutions said: “I’ve been using Hilbert Structured Products for over four years now and continue to be impressed by their innovative products. They are soundly based and have shown consistently strong performance.”

“The team are always happy to help and provide great back office support. I will continue to use their products, and I’m happy to endorse their services”, said Harris.