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Causeway Securities launch new Deposit Plan & FTSE 150 Kick-Out Plan

  • Friday, March 11, 2022
Causeway Securities

CAUSEWAY SECURITIES LAUNCH NEW 5 YEAR DEPOSIT PLAN & NEW TRANCHE OF FTSE 150 KICK-OUT PLAN
Causeway Securities
 

We are writing to let you know that Causeway Securities have just launched a new Digital Growth Deposit Plan which is eligible for Dual ISA:

FTSE 100 5 Year Deposit Plan – April 2022

The plan, whose Deposit Taker is Royal Bank of Canada, offers a Potential Return of 21.5% of the money invested at Maturity.

Key Dates:
ISA transfer deadline: 15th April 2022
Application form and monies deadline for ISA Subscriptions 2021/22: 5th April 2022
Application form and monies deadline (including Direct Investment & ISA Subscriptions 2022/23): 29th April 2022
Start Date: 6th May 2022

They have also launched a new tranche of the following plan for April 2022:

FTSE 150 Kick-Out Plan

This plan is eligible for Dual ISA and is issued by Natixis, offers potential investment returns of 12.75% return on investment for each year the Plan runs (paid gross), only payable if the Plan kicks-out. per annum

Key Dates:
ISA transfer deadline: 8th April 2022
Application form and monies deadline for ISA Subscriptions 2021/22: 5th April 2022
Application form and monies deadline (including Direct Investment & ISA Subscriptions 2022/23): 22 April 2022
Start Date: 29th April 2022

A brief summary of the above plans is detailed below.
Causeway Securities FTSE 100 5 Year Deposit Plan – April 2022Potential Investment Return:  The Potential Investment Return is 100% of Initial Capital plus a fixed gross interest payment of 21.5% of the money you invest at Maturity, if the Underlying Asset is equal to or above the Opening Level. If the Final Level is below its Opening Level, no growth payment will be payable at the Maturity Date.

Capital Protection Barrier:  Your Initial Capital will be returned in full at Maturity, regardless of the performance of the Underlying Asset; subject to Deposit Taker solvency.

About Royal Bank of Canada:  Royal Bank of Canada (RBC) is Canada’s largest bank and one of the largest in the world by market capitalization. The bank provides a diversified set of personal and commercial banking, wealth management, insurance, investor and treasury services, and capital markets globally. It serves more than 17 million customers, businesses and group clients, individual, and institutional clients.
Click here for more details of the Causeway Securities FTSE 100 5 Year Deposit Plan – April 2022
Causeway Securities FTSE 150 Kick Out Plan – April 2022Potential Investment Return:  12.75% return on investment for each year the Plan runs (paid gross), only payable if the Plan Kicks-Out.

Kick Out Level: 100% of the Opening Level on the Start Date.

Kick Out Barrier: The Plan will Kick-Out if the respective Closing Level of the Underlying Asset, on any Observation Date, is at or above 100% of its respective Opening Level. In this event you will receive your Initial Capital back, plus a Potential Investment Return of 12.75% for each year that the Plan has been in existence. The first Observation Date on which an early redemption could be triggered will be 29
April 2025, three years after the Start Date.

Capital Protection Barrier: 65% of the Opening Level on the Start Date (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 Closing Level of the Underlying Asset is below its Opening Level.

Counterparty Risk: The Counterparty of the Securities is Natixis. If Natixis were to fail or become insolvent, you could lose some or all of your investment and any return that may be due, irrespective of the performance of the Underlying Asset.
Click here for more details on the Causeway Securities FTSE 150 Kick Out Plan – April 2022
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 the Causeway Securities 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.