Countdown to end of offer period re Issue 21 of Tempo’s product suite
The offer period for Issue 21 of the Tempo product suite is approaching – this email provides a reminder of the dates and the terms of the plans.
There is just under 1 week left to use the Long Kick-Out Plan (‘LKO’) and Long Growth & Kick-Out Plan (‘LGKO’) and just under 2 weeks left to use the Long Income Plan (‘LIP’).
> the offer period for LKO and LGKO runs until Friday 09 July (unless it closes early), ahead of the start (‘strike’) date on Friday 16 July.
> the offer period for LIP runs until Friday 16 July (unless it closes early), ahead of the start (‘strike’) date on Friday 23 July.
Issue 21 continues to offer exceptional terms for investors, across Tempo’s usual plans and options. As their product suite summary shows:
> the end of term barrier level remains at 50% (allowing a 50% fall): the lowest level for any capital-at-risk products available currently.
> the plans include options which present deeply defensive conditions to generate returns, including kick-out, growth and / or income.
You can find a reminder of the terms of each of the plans below – and points highlighting the USPs of Tempo’s approach to structured products.
Click here to see the full range of Tempo’s Plans.
SUMMARY OF THE KEY TERMS FOR EACH PLAN …
The following tables summarise the key terms for each plan and option – please see the plan documents for full details:
The Long Kick-Out Plan optimises the popular kick-out strategy, through a longer maximum term, with short term kick-out potential, and defensive features:
The Long Growth & Kick-Out Plan is the only product of its kind in the market, uniquely combining a ‘kick-out’ at year 5 with a defensive ‘super tracker’ at year 10, offering ‘2 strategies in 1 plan’, with exceptional growth potential:
The Long Income Plan offers the potential for regular fixed income, payable quarterly, based on a choice of defensive conditions, with an innovative memory feature (and potential for kick-out from the 3rd anniversary):
ALL OF TEMPO’S PRODUCTS ARE ‘DELIBERATELY DEFENSIVE’
Tempo’s products are described as ‘deliberately defensive’, meaning that they are all designed so that they can generate some or all of their returns without requiring the market index which they are linked to, to rise, with a defined level of protection should the market index fall.
Tempo’s products benefit from the firm’s operational strength and rigorous approach to governance, are backed by strong issuers / counterparties, and are based on a single index, with a deep end-of-term barrier.
These are the Tempo hallmarks.
We think this approach has real merits and can add real value for investors in balanced and diversified portfolios, in the current market environment.
TEMPO’S UNIQUE TEMPO PLEDGE: ‘STATED TERMS OR BETTER’ …
The plans benefit from the unique Tempo pledge: ‘Stated terms or better‘.
Their pledge allows them to increase the terms of a plan above those stated in the plan brochures, if the stock market and other factors during an offer period mean that they can do so.
For example, in Issue 12 of their product suite, which was open during March and April 2020, they were able to increase the potential returns of the Long Kick-Out Plan Option 3, from the 13.1% p.a. stated in the plan brochure, to 20.4% p.a.
The potential return of their plans will always be at least the returns detailed in the plan brochures – but under their pledge they may be better. The final terms are confirmed following the start date.
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.
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.
Please ensure that you view the plan documents for full details of the features and the risks.
ONLY AVAILABLE WITH ADVICE …
Tempo’s products can only be accessed with advice.
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, please see the full plan literature for full details of these plans and the features, terms and conditions, including the risks.
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.
Tempo’s products can only be accessed with advice.
If you are interested to invest in any of the Tempo plans in Issue 21, we would certainly suggest early contact, in order to try to ensure availability and access.
Please contact us to discuss any aspect of these products.