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Deadline approaching


We are writing to let you know that the deadline for investing in Causeway Securities’ new FTSE 100 Quarterly Income Plan October 2021 is fast approaching.  The plan is available until 8th October for direct investments, as well as new ISA subscriptions, SIPP/SSAS, corporate or charity and trustee investment.

A brief summary of the plan is detailed below:

Deadline approaching
Causeway Securities FTSE 100 Quarterly Income Plan – October 2021

Potential Investment Return:  If the Closing Level of the Underlying Asset on any Observation Date is at least equal to 80% of its Opening Level, the Plan will pay a gross income of 1.125% for that quarter. No income will be payable for a quarter if the Closing Level of the Underlying Asset is below 80% of its Opening Level on the Observation Date. The first quarterly Observation Date will be on 17 January 2022, three months after the Start Date. 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 Level:  105% of the Opening Level on the Start Date.

Kick-Out Barrier:  From Year 2, the Plan will Kick-Out if the respective Closing Level of the Underlying Asset, on any Observation Date, is at or above 105% of its respective Opening Level. In this event an investor will receive their Initial Capital back, plus a final Investment Return of 1.125%. The first Observation Date on which an early maturity could be triggered will be 16th October 2023, two years after the Start Date.

Capital Protection Barrier:  65% of the Opening Level (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 Final Level of the Underlying Asset is below its Opening Level.

About BNP Paribas Issuance B.V.:  BNP Paribas Issuance B.V. is the Issuer of the Securities. They have not prepared this document and therefore accept no responsibility for its contents, nor any liability for any losses in connection with the information contained herein. Causeway Securities have prepared this document and accepts
responsibility for it contents.

Guarantor of the Securities Credit Rating Relevant credit ratings and outlooks for BNP Paribas (‘Guarantor of the Securities’).

Deadline approaching

The credit rating of BNP Paribas is subject to change during both the offer period and the investment term. Any information on credit ratings of the Counterparty provided in this Brochure is correct at the time of publication. The credit ratings assigned to the Counterparty can change at any time without notice.

Click here for more details of the Causeway Securities FTSE 100 Quarterly Income Plan – October 2021
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.