Mariana FTSE 4X Uncapped Supertracker (Issuer Callable) July 2020
With under 2 weeks to go there is still some capacity to reserve funds in this latest Issue of the Supertracker. Market movements in the last few days suggest this could have some of the best potential that we have seen in available products for some time.
To briefly recap, this product allows investors to get 4 times participation in any rise in the FTSE 100 uncapped. This means that if the FTSE 100 was 10% higher on the End Date compared to the Start the investor would receive a return of 40%. The product has a 65% European barrier, meaning capital is only at risk if on the End Date the FTSE 100 was more than 35% below its Start Level. This product has an Issuer Callable feature, where the counterparty (Citi Group) can close the product early on any quarter from the end of Year 2 but not only would they need to provide a return of capital to investors they would also need to pay a return of 9% per year. For example, if the counterparty decided to call the product early after 3 years and 3 months the investor would receive their money back plus a return of 29.25%.
Plus remember the potential starting point in that the FTSE 100 is still more than 20% below where it was a few months ago.
Full details can be found by clicking on the following link:
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.
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 Mariana Plans are certainly worthy of consideration for inclusion within investment portfolios.
Simply get in touch if you wish to receive regulated advice in relation to the ‘suitability of the plans to meet your investment needs’.
Best Price FS Team