Mariana 10:10 Plan – August 2020
The Mariana 10:10 Plan – August 2020 is the latest tranche of Mariana’s flagship 10-year plan. We have already provided a summary of the 10:10 plan to potential investors and placed on our Blog page. The structure is based on the performance of the FTSE™ 100 Index, the Underlying Asset. The Plan has three options and is constructed to offer a Potential Return of 7% in Option 1, 8.75% in Option 2 and 10% in Option 3 for each year the Plan runs with the possibility of early maturity and the full repayment of Initial Capital from the end of the Plan’s second year and annually thereafter. The Potential Return is only payable if the Plan kicks out.
Click the link to read the previous article highlighting the plan: https://www.bestpricefs.co.uk/blog/mariana-launch-new-tranche-of-1010-plan-august-2020/
Should the Closing Price of the Underlying Asset on an Observation Date be at or above the Kick Out Trigger Level, the Plan will mature early, repaying your Initial Capital plus the Potential Return multiplied by the number of years the Plan has run.
The Kick Out observations begin on the second anniversary date and continue on an annual basis until the Plan’s Maturity Date (from 15 August 2022 to 14 August 2030).
If the Plan has not already kicked out, Initial Capital will be repaid in full at the end of the Plan’s term if on the Maturity Date (14 August 2030) the Closing Price of the Underlying Asset is not more than 30% below the Start Level.
If on the Maturity Date the Closing Price of the Underlying Asset is less than 70% of the Start Level (representing a decline of more than 30% from the Start Level), your Initial Capital will be lost at a rate of 1% for every 1% the Closing Price of the Underlying Asset is below the Start Level.
The Counterparty chosen for this Plan is Goldman Sachs International. Goldman Sachs & Co. Wertpapier GmbH, an affiliate of Goldman Sachs International, is the issuer of the underlying investments that are purchased on your behalf with the money you have invested. The investments are constructed to generate the terms described in this Brochure.
Goldman Sachs International is part of The Goldman Sachs Group, Inc. which is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centres around the world. At the end of Q1 2020 it had a Common Equity Tier 1 ratio of 11.0%. More information on Goldman Sachs International can be found on their website www.goldmansachs.com.
Goldman Sachs International acts as Guarantor of the securities issued by Goldman Sachs & Co. Wertpapier GmbH, which means that Goldman Sachs International will make the payments under the securities if Goldman Sachs & Co. Wertpapier GmbH is unable to fulfil its payment obligations. You may lose part and up to all your investment if Goldman Sachs International goes into liquidation and defaults on paying your Plan return and the repayment of your Initial Capital.
Click the link to take you directly to the plan and options: https://www.bestpricefs.co.uk/mariana-capital-structured-products/
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 liquid or counterparty 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.
If you require Independent Financial Advice in relation to how the plan meets your needs – simply get in touch and we will guide you through the regulatory process, providing a suitability (Regulated) recommendation.
Best Price FS Team