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Causeway Securities RBC FTSE 100 6 Year Deposit Plan March 2022

  • Wednesday, January 26, 2022
Causeway Securities

Causeway Securities launch new Deposit Plan – RBC FTSE 100 6 Year Deposit Plan March 2022
Causeway Securities
 

We are writing to let you know that Causeway Securities have launched the following new Deposit plan for March 2022:

Causeway Securities RBC FTSE 100 6 Year Deposit Plan March 2022

The plan offers potential returns of 3.33% per annum if the FTSE 100 is equal to or above the start level at Maturity.  The Deposit Taker is Royal Bank of Canada.

The Royal Bank of Canada is Canada’s largest bank by market capitalization, with broad leadership in financial services. It is one of North America’s leading diversified financial services companies and a top 10 bank globally based on market capitalization, with operations in 29 countries, 87,000+ employees and 17 million clients worldwide.

Source: Royal Bank of Canada as at 31 October 2021.

Key Dates:
ISA transfer deadline: 25th February 2022
Application form and monies deadline: 11th March 2022
Start Date: 18th March 2022

A brief summary of the plan is detailed below.
Causeway Securities
Causeway Securities RBC FTSE 100 6 Year Deposit Plan March 2022

Potential Investment Return:  The Potential Investment Return is 100% of Initial Capital plus a fixed gross interest payment of 20% 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.*

IMPORTANT:
*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 RBC FTSE 100 6 Year Deposit Plan March 2022
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 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.