Hilbert Investment Solutions has launched the ‘3 Stock Defensive Autocall Issue 5’, a structured product linked to the performance of Barclays Plc, Aviva Plc and Vodafone Group Plc, and aims to provide investors with a return of 17% per annum.
The plan is now available through Direct investment, ISA or a Self-Invested Pension Plan (SIPP). The ‘3 Stock Defensive Autocall Issue 5’ features a 7-year investment term but could mature early if the Closing Levels of all three Underlying Assets are at least equal to the relevant reference levels on any Semi Annual Measurement Date from the end of the first 6-month period. If this happens, investors will receive a Fixed Growth Return equal to 8.5% for each semi-annual observation date that has passed since the Strike Date.
The 3 Stock Defensive Autocall Issue 5 features a defensive autocall barrier, meaning that the required early maturity trigger level reduces by 5% for each year the plan is in force.
Capital becomes at risk if the final level of any of the underlying assets is more than 50% below its strike level on the final valuation date.
For full details of the plan please click on the following link:
A brief summary of the plan is detailed below:
Hilbert Kick Out Series: 3 Stock Defensive Autocall – Issue 5
– Counterparty: Citigroup Global Markets Funding Luxembourg S.C.A. (‘Citigroup’)
– Term: Up to 7 Years
– Underlying: Barclays PLC, Aviva PLC, Vodafone Group PLC
– Semi Annual Autocall Barrier:
– Potential Return: 17% p.a. (8.5% Semi Annually)
– Capital Protection: 50% European
– Strike date: 18th September 2020
– Maturity date: 5th October 2027
• If you are transferring an existing ISA: 11th September 2020 (to be received by Best Price by 7th September 2020
• If you are paying by cheque: 11th September 2020 – to be received by Best Price by 7thSeptember 2020
• If you are paying by bank transfer: 17th September 2020 – to be received by Best Price by 14thSeptember 2020
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 (when combined with our smiley and helpful service) the Investec plans are certainly worthy of consideration for inclusion within investment portfolios.
Simply get in touch if you wish to receive regulated advice in relation to the ‘suitability of the plans to meet your investment needs’.
Best Price FS Team