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ISA transfer deadline

Announcement by Causeway Securities and ISA transfer deadline approaching for 6 Year UK FTSE 100 Kick Out Plan – Issuer Callable plan 

ISA transfer deadline

ISA Transfer deadline approaching. Causeway Securities Limited is delighted to announce the recent appointment of Chris Moody, as Head of UK Sales and Distribution.

Chris previously worked at Investec as National Account Manager, growing the business and building relationships with IFAs in Newcastle, Scotland, and Northern Ireland. He brings to the team a wealth of experience and knowledge of the UK Structured Products market and is looking forward to achieving even greater success here at Causeway.

The appointment follows a strategic decision by the Firm to increase its presence in the UK market. The Firm’s Chief Executive Officer, Conor O‘ Donnell commented “Causeway has a strong tradition of offering innovative investment solutions and services to its international clients and investors. Following extensive research, we believe there is a real demand within the UK for a fresh approach, particularly with the recent announcement of Investec’s departure from the market. The Firm’s investment team has extensive industry experience in investment structuring and distribution, with a track record of consistently delivering returns. We feel Causeway is well placed to satisfy the increased demand within the UK market for innovative investment solutions.

Causeway Securities currently has two UK retail plans open for subscription.  We are writing to let you know that the ISA Transfer deadline is approaching in respect of the Causeway Securities 6 Year UK FTSE 100 Kick Out Plan – Issuer Callable plan.

If you are interested in investing in this product the closing date for ISA transfers is 26 February.  Don’t delay, send today!

A brief summary of the Causeway Securities 6 Year UK FTSE 100 Kick Out Plan – Issuer Callable plan is detailed below.

ISA transfer deadline
Causeway Securities 6 Year FTSE 100 Kick Out Plan – Issuer Callable 

Investment Return: The plan offers potential investment returns of 8.3% per annum paid gross, over a maximum 6-year term. It has early maturity observation points semi-annually from year 1, where the issuer, Société Générale, has the right to call the plan early. Once it reaches the 5thanniversary, it reverts to a more traditional kick-out, where the plans matures early if the FTSE 100 is equal to or above start level.

Capital Return: 65% of the Opening Level (observed on the Final Observation Date of the Plan only). If on the Final Observation Date the Closing Level of the Underlying Asset is less than 65% of its Opening Level (representing a decline of more than 35% from the Opening Level), your Initial Capital will be lost at a rate of 1% for every 1% that the Final Level of the Underlying Asset is below its Opening Level.

About Société Générale: The relevant credit ratings and outlooks for Société Générale (‘Guarantor of the Securities’) are detailed below:

The credit rating of Société Générale is subject to change during both the offer period and the investment term. Any information on credit ratings of the Counterparty provided in the Brochure is correct at the time of publication. The credit ratings assigned to the Counterparty can change at any time without notice.

Click here for more details of the Causeway Securities 6 Year UK FTSE 100 Kick Out Plan – Issuer Callable
Don’t Forget the 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.

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 liquid or counterparty exposure.

At the Best Price FS price point the Causeway Security Plans are certainly worthy of consideration for inclusion within investment portfolios.

Warmest Regards.

Best Price FS Team

Advice: Simply click here to get in touch to receive regulated advice in relation to the ‘suitability’ of the plans to meet your investment needs.