Investec launch new tranche of plans

Investec’s new range of Plans is open for investment. Please read on for highlights from the range.
 
Pricing Update:
 
Headline rates have fallen in their new range, alongside the whole cash savings market, as interest rates continue their downward trajectory in the wake of the global pandemic.  
 
Despite the fall in rates across the market, the rate differential between their Deposit Plans and cash savings rates has been maintained. As the prospect of inflation starts to loom on the horizon, their Deposit Plans could be more important than ever to savers who are concerned about protecting the value of their cash savings in real terms.
 
New Product: FTSE4Good 6 Year Deposit Plan 1
 
According to research, sustainable investing is now a key issue for the majority of UK retail investors. At Investec they share this view, and as such they have launched the first of a series of Deposit Plans linked to the FTSE4Good UK 50 index.
 
The FTSE4Good UK 50 Index tracks the performance of the shares of the 50 largest companies listed on the London Stock Exchange which also demonstrate strong Environmental, Social and Governance (ESG) practices.
 
They have based the new FTSE4Good 6 Year Deposit Plan 1 on a core product from their range (the FTSE 100 6 Year Deposit Plan), to maintain the payoff profile that investors are familiar with.
 
As a result, there is now a FTSE 100 and a FTSE4Good UK 50 version of the 6 Year Deposit Plan available to investors.
 
The new FTSE4Good 6 Year Deposit Plan 1 pays 18% at maturity (3% p.a.) if the FTSE4Good UK 50 rises over the 6 year term.
 
Limited capacity of the Investment Plan Range:
 
Capacity in the new range of Investment Plans is limited, meaning that Investec will likely close the offer early. In the event that they do close their Investment Plans early, we will provide you with notice in advance of the closure.

Please note returns are in no way guaranteed. Please refer to the plan literature for a full description of the benefits and risks associated with these plans.

Key dates and deadlines

ISA Transfer applications                            4 September 2020
(to be received by Best Price by 31 August 2020)

Direct and ISA applications                         18 September 2020
(to be received by Best Price by 14 September 2020)

Start Date                                            28 September 2020

To view the new range of Plans please click on the following link:
https://www.bestpricefs.co.uk/investec-structured-products/

Don’t Forget the Risks

https://www.bestpricefs.co.uk/investec-structured-products/#risks

As with all forms of investment there are risks involved. These plans do not guarantee to repay the money invested. The potential returns of the plans and repaying the money invested are linked to the level of the stock market and also depend on the financial stability of the Issuer and Counterparty Bank.

Past performance is not a guide to future performance and may not be repeated.  Investment involves risk. The performance data does not take account of the commissions and costs incurred on the issue and redemption of shares. The value of investments and the income from them may go down as well as up and investors may not get back any of the amount originally invested. Because of this, an investor is not certain to make a profit on an investment and may lose money. Exchange rate changes may cause the value of overseas investments to rise or fall.

The promotion of the plans does not constitute ‘advice’ to invest. Advice is always specific to an individual investor’s circumstances and needs, following the process of ‘know your customer’, with the aim of ensuring that any product is suitable for an investor.

As always, the recommendation and common sense approach is to consider product solutions as a portfolio, never over-exposing oneself to a point of financial pain and suffering liquidity or counterparty over exposure.

At the Best Price FS price point (when combined with our smiley and helpful service) the Investec plans are certainly worthy of consideration for inclusion within investment portfolios.

Advice

Simply get in touch if you wish to receive regulated advice in relation to the ‘suitability of the plans to meet your investment needs’.

Warmest Regards.

Best Price FS Team