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Dura Capital launch new tranche of UK & Europe Kickstart Kick Out Plan: May 2022

  • Wednesday, April 6, 2022
Dura Capital

Dura Capital launch new tranche of their UK & Europe Kickstart Kick Out Plan: May 2022
Dura Capital
 

We are writing to let you know that Dura Capital have launched the following new plan for May 2022:

Dura Capital UK & Europe Kickstart Kick Out Plan: May 2022

This plan is a maximum 5-year investment which potentially offers a fixed return equal to 13% for the first year and 7% p.a. for each subsequent year that passes thereafter (not compounded).

The Counterparty for the plan is Morgan Stanley.

Key Dates for the plan:
ISA transfer deadline: 29th April 2022
Application form and monies deadline: 13th May 2022
Start Date: 20th May 2022

Please note that we have revised our Appropriate Assessment Questionnaire so please ensure the new version is completed by clicking on this link .

A brief summary of the plan is detailed below.
Dura Capital
Dura Capital UK & Europe Kickstart Kick Out Plan: May 2022Potential Investment Return:There are several opportunities during the term of the Plan for you to receive a return on your Amount Invested, depending on the performance of the UK and European stock markets – specifically the FTSE 100 Index (UKX) (the ‘FTSE 100’) and the EURO STOXX 50 Index (the ‘EURO STOXX 50’), together referred to as the ‘indexes’.

  • There are set dates during the investment term (‘Early Maturity Dates’) where you might receive a return. The first Early Maturity Date is one year after the Start Date.
  • If both the indexes close above a pre-set level on an Early Maturity Date (see the diagram on Page 5 of the brochure for details of these levels), the Plan will mature early (sometimes know as a ‘kick-out’), repaying your Amount Invested plus a return equal to 13.00% for the first year and 7.00% (not compounded) for each subsequent year that passes since the Start Date.
  • If on the Final Maturity Date there has been no early maturity and the closing level of at least one of the indexes (its ‘Final Level’) is less than 100% of its closing level on the Start Date (its ‘Start Level’), your investment will have earned no return.

Repayment of your Amount Invested

If either of the indexes fails to close at or above the required level on any of the Early Maturity Dates, your Amount Invested is at risk. The amount you will get back at maturity will depend on the Final Level of the worst performing index only:

  • If the Plan runs for the full term and both the indexes close at or above 65% of their Start Levels, you will be repaid your Amount Invested in full.
  • However, if the Final Level for at least one index is below 65% of its Start Level (meaning it has fallen more than 35% since the start of the Plan), the repayment of your Amount Invested will be reduced by 1% for every 1% fall in the worst performing index (please see page 5 of the brochure for some examples of how much you could lose in different scenarios).
Click here for more details of the Dura Capital UK & Europe Kickstart Kick Out Plan: May 2022
About Morgan Stanley:  Morgan Stanley provides diversified financial services on a worldwide basis. Since it was founded in 1935, it has helped people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. In 1977, Morgan Stanley opened its European headquarters in London, where it now has over 5,000 staff. Morgan Stanley is one of the preeminent financial services firms in the UK, with longstanding client relationships and a leading role in many landmark transactions. Its professionals value individual intellect as much as teamwork, and they offer nimble, innovative services and products tailored to their clients’ needs. To find out more, visit morganstanley.com
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 Dura Capital 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.