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MB Structured Investments have just launched a new tranche of their plans for May 2022 which are summarised below.
The counterparty for all these Plans is Barclays Bank Plc. You will find a brief summary of each plan below, but for further details including the Brochure and Key Information Document please click on the links below each product.
Thank you once again for your continued interest in our Investment services and look forward to being of assistance to you. |
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About Barclays Bank Plc: Barclays Bank PLC, known as Barclays International, is the international and investment banking unit of Barclays PLC. The business encompasses Barclays’ corporate and investment banking businesses, its Global Barclaycard division, and the Private Bank & Overseas business. It also includes Head Office and Treasury functions. Clients include corporates, consumers, wealthy individuals, institutions, and governments. The company conducts much of its business through London and New York, the world’s leading finance centers. In 2018, Barclays PLC ring-fenced its UK retail and smaller corporate banking division as Barclays Bank UK PLC, leaving Barclays Bank PLC to handle its larger corporate, wholesale, and international banking clients.
Source: Bloomberg, 1 December 2021
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MB Structured Investments UK Quarterly Conditional Income Plan (Y2 60) May 2022Income: If the Closing Level of the Index on any Quarterly Measurement Date is at least equal to 80% of its Opening Level, the Plan will pay a gross income of 1.4375% for that quarter. No income will be payable for a quarter if the Closing Level of the Index is below 80% of its Opening Level on the Quarterly Measurement Date.
The first Quarterly Measurement Date will be on 30 August 2022, three months after the Start Date. Thereafter, the performance of the Index will be measured quarterly. If the kick-out condition is met (see below), income will be paid in respect of that quarter and the Plan will mature early. No further income payments will then be payable.
Kick-out condition: From year 2, the Plan will kick-out, i.e. mature early, if the Closing Level of the Index is equal to or above its Opening Level on any Annual Measurement Date. In this event you would receive a full return of your money, as well as the income due for that quarter.
The first Annual Measurement Date on which an early maturity could be triggered will be on 28 May 2024, two years after the Start Date.
Capital Return: You will lose money if the Final Level of the Index is below 60% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 60% of its Opening Level you will get back the amount you invested.
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MB Structured Investments UK Kick Out Deposit Plan May 2022Investment Return: If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Opening Level, the Plan will kick out, i.e. mature early, and make a gross interest payment of 3.60% of the money you invest for each year that the Plan has been in force. The first Measurement Date will be on 27 May 2025, three years after the Start Date.
If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Opening Level, the Plan will provide an interest payment at the Maturity Date equal to 18% of the money you invest.
If the Final Level of the Index is below its Opening Level, no interest payment will be payable from the Plan.
Capital Return: At the Maturity Date, the return of the amount you place in the Plan (your ‘Capital’) is not dependent on the performance of the Index and, subject to Deposit Taker risk, will be returned in full.
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MB Structured Investments UK Kick Out Plan (Y2 60) May 2022Investment Return: If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Opening Level the Plan will kick out, i.e. mature early, and make a gross investment return of 8% of the money you invest for each year that the Plan has been in force. The first Measurement Date will be on 28 May 2024, two years after the Start Date.
If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Opening Level, the Plan will provide an investment return at the Maturity Date equal to 40% of the money you invest. If the Final Level of the Index is below its Opening Level, no investment return will be payable at the Maturity Date.
Capital Return:You will lose money if the Final Level of the Index is below 60% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 60% of its Opening Level you will get back the amount you invested.
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MB Structured Investments UK 6Y Kick Out Deposit Plan May 2022Interest: If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Opening Level, the Plan will kick out, i.e. mature early, and make a gross interest payment of 4.50% of the money you invest for each year that the Plan has been in force. The first Measurement Date will be on 1 June 2026, four years after the Start Date.
If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Opening Level, the Plan will provide an interest payment at the Maturity Date equal to 27% of the money you invest.
If the Final Level of the Index is below its Opening Level, no interest payment will be payable from the Plan.
Repayment of Deposit: At the Maturity Date, the return of the amount you place in the Plan (your ‘Capital’) is not dependent on the performance of the Index and, subject to Deposit Taker risk, will be returned in full.
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MB Structured Investments UK Step Down Kick Out Plan (Y2 60) May 2022Investment Return: If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Reference Level the Plan will kick out, i.e. mature early, and make a gross investment return of 7.10% of the money you invest for each year that the Plan has been in force. The first Measurement Date will be on 28 May 2024, two years after the Start Date.
If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Reference Level, the Plan will provide an investment return at the Maturity Date equal to 42.60% of the money you invest. If the Final Level of the Index is below its Reference Level, no investment return will be payable at the Maturity Date.
Measurement Dates & Reference Levels (% of Opening Level): 28 May 2024: 105%, 27 May 2025: 100%, 27 May 2026: 100%, 27 May 2027: 90% and 30 May 2028 (Final Measurement Date): 85%.
Capital Return: You will lose money if the Final Level of the Index is below 60% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 60% of its Opening Level you will get back the amount you invested.
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MB Structured Investments UK Quarterly Conditional Income Plan May 2022Investment Return
Income: If the Closing Level of the Index on any Quarterly Measurement Date is at least equal to 85% of its Opening Level, the Plan will pay a gross income of 1.8125% for that quarter. No income will be payable for a quarter if the Closing Level of the Index is below 85% of its Opening Level on the Quarterly Measurement Date.
The first Quarterly Measurement Date will be on 31 August 2022, three months after the Start Date. Thereafter, the performance of the Index will be measured quarterly. If the kick-out condition is met (see below), income will be paid in respect of that quarter and the Plan will mature early. No further income payments will then be payable.
Kick Out Condition: From year 1, the Plan will kick-out, i.e. mature early, if the Closing Level of the Index is equal to or above its Opening Level on any Annual Measurement Date. In this event you would receive a full return of your money, as well as the income due for that quarter. The first Annual Measurement Date on which an early maturity could be triggered will be on 31 May 2023, one year after the Start Date.
Repayment of Capital: You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level you will get back the amount you invested.
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| MB Structured Investments UK Quarterly Defensive Kick Out Plan May 2022Investment Return: If the Closing Level of the Index on any Quarterly Measurement Date before the Final Measurement Date is at least equal to its Reference Level the Plan will kick out, i.e. mature early, and make a gross investment return of 1.8125% of the money you invest for each quarter that the Plan has been in force. The first Quarterly Measurement Date will be on 18 May 2023, one year after the Start Date.
If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Reference Level, the Plan will provide an investment return at the Maturity Date equal to 36.25% of the money you invest. If the Final Level of the Index is below its Reference Level, no investment return will be payable at the Maturity Date.
Quarterly Measurement Dates & Reference Levels (% of Opening Level): Quarterly Measurement Dates 1 – 4 inclusive (18 May 2023 to 19 February 2024): 105%, Quarterly Measurement Dates 5 – 8 inclusive (20 May 2024 to 18 February 2025): 100%, Quarterly Measurement Dates 9 – 12 inclusive (19 May 2025 to 18 February 2026): 95%, Quarterly Measurement Dates 13 – 16 inclusive (18 May 2026 to 18 February 2027) : 90% and Final Measurement Date (18 May 2027): 85%.
Capital Return: You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level you will get back the amount you invested. |
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| MB Structured Investments UK Defensive Growth Deposit Plan May 2022Investment Return: At the Maturity Date, the Plan will pay a fixed gross interest amount of 9.50% of the money you invest if the Final Level of the Index is at least equal to 90% of its Opening Level. If the Final Level is below 90% of its Opening Level, no growth payment will be payable at the Maturity Date.
If the Final Level of the Index is more than 9.50% above its Opening level you will not receive any additional interest above the fixed gross interest amount of 9.50% provided by the Plan.
Capital Return: At the Maturity Date, the return of the amount you place in the Plan (your ‘Capital’) is not dependent on the performance of the Index and, subject to Deposit Taker risk, will be returned in full. |
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| MB Structured Investments UK Growth Kick Out Plan May 2022
Investment Return: If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is 5% or more above its Opening Level the Plan will kick out, i.e. mature early, and make a gross investment return of 10% of the money you invest for each year that the Plan has been in force. The first Measurement Date will be on 31 May 2023, one year after the Start Date.
If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is 5% or more above its Opening Level, the Plan will provide an investment return at the Maturity Date equal to 10% of the money you invest. If the Final Level of the Index is not 5% or more above its Opening Level, no investment return will be payable at the Maturity Date.
Capital Return: You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level you will get back the amount you invested. |
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| MB Structured Investments UK Fixed Monthly Income Plan May 2022
Investment Return
Income: The Plan will pay a fixed income payment of 0.35416% gross per month regardless of the performance of the Index. If the kick-out condition is met (see below), income will be paid in respect of that month and the Plan will mature early. No further income payments will then be payable.
Kick-out condition: From year 2, the Plan will kick-out, i.e. mature early, if the Closing Level of the Index is 5% or more above its Opening Level on any Annual Measurement Date. In this event you would receive a full return of your money, as well as the income due for that month. The first Annual Measurement Date on which an early maturity could be triggered will be on 31 May 2024, two years after the Start Date.
Capital Return: You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level you will get back the amount you invested. |
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MB Structured Investments UK Kick Out Plan (Y2 65) May 2022Investment Return: If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Opening Level the Plan will kick out, i.e. mature early, and make a gross investment return of 8.50% of the money you invest for each year that the Plan has been in force. The first Measurement Date
will be on 31 May 2024, two years after the Start Date.
If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Opening Level, the Plan will provide an investment return at the Maturity Date equal to 42.50% of the money you invest. If the Final Level of the Index is below its Opening Level, no investment return will be payable at the Maturity Date.
Repayment of Capital: You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level you will get back the amount you invested. |
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MB Structured Investments UK Step Down Kick Out Plan May 2022Investment Return: If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Reference Level the Plan will kick out, i.e. mature early, and make a gross investment return of 7.50% of the money you invest for each year that the Plan has been in force. The first Measurement Date
will be on 31 May 2023, one year after the Start Date.
If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Reference Level, the Plan will provide an investment return at the Maturity Date equal to 37.50% of the money you invest. If the Final Level of the Index is below its Reference Level, no investment return will be payable at the Maturity Date.
Repayment of Capital: You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level you will get back the amount you invested. |
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| MB Structured Investments UK Super Defensive Kick Out Plan May 2022Investment Return: If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Reference Level the Plan will kick out, i.e. mature early, and make a gross investment return of 6.40% of the money you invest for each year that the Plan has been in force. The first Measurement Date will be on 31 May 2023, one year after the Start Date.
If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Reference Level, the Plan will provide an investment return at the Maturity Date equal to 44.80% of the money you invest. If the Final Level of the Index is below its Reference Level, no investment return will be payable at the Maturity Date.
Repayment of Capital: You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level you will get back the amount you invested. |
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| MB Structured Investments UK Kick Out Plan (Y1 65) June 2022Investment Return:
If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Opening Level the Plan will kick out, i.e. mature early, and make a gross investment return of 9.25% of the money you invest for each year that the Plan has been in force. The first Measurement Date
will be on 12 June 2023, one year after the Start Date.If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Opening Level, the Plan will provide an investment return at the Maturity Date equal to 46.25% of the money you invest. If the Final Level of the Index is below its Opening Level, no investment return will be payable at the Maturity Date.
Repayment of Capital: You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level you will get back the amount you invested. |
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| Don’t Forget The RisksAs 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 MB Structured Investment Plans are certainly worthy of consideration for inclusion within investment portfolios. For the full range of products available from MB Structured Investments click here.
Warmest Regards.
Best Price FS Team |
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