fbpx

Investment & Insurance Blog

Currently browsing Latest Posts

Hilbert launch new tranche of 3 Stock Conditional Quarterly Autocall – Issue 4

  • Thursday, February 11, 2021
Hilbert launch new tranche

INVESTMENT NEWSLETTER
Hilbert launch new tranche
Hilbert launch new tranche!

Hilbert launch new tranche of one of their popular plans – Income Series: 3 Stock Conditional Quarterly Autocall – Issue 4.  Due to high demand they had to close their previous tranche early so if you are interested in investing send in your applications early.  This is a ‘capital at risk’ investment.

The counterparty for this plan is Citigroup Global Markets Funding Luxembourg S.C.A. (‘Citigroup’).
About Citigroup: Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.  Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Citigroup is a publicly traded company, with shares listed in New York. More information on the company can be found at www.citigroup.com.  The payment and delivery of all amounts due in respect of the Notes issued by CGMFL will be unconditionally and irrevocably guaranteed by Citigroup Global Markets Limited (“CGML”).

Full details can be found on Page 8 of the Brochure.

Hilbert launch new tranche
Hilbert Income Series: 3 Stock Conditional Quarterly Autocall – Issue 4 || Synopsis ||
Investment Return: Up to 7 years. However, the Plan will mature early from 14th March 2022 if certain criteria are met (see “Early Maturity” below).

Income: You will receive an income payment of 2.25% for each Quarterly Measurement Date that the Closing Levels of all three Underlying Assets are at least equal to 60% of their Opening Levels. The income is paid gross. If the Closing Level of any of the three Underlying Assets is below 60% of its Opening Level on a Quarterly Measurement Date, no income will be paid for that quarter. Once the Plan has matured, no further income will be paid.

Early Maturity: The Plan will mature early if the Closing Levels of all three of the Underlying Assets are at least equal to 105% of their Opening Levels on any Quarterly Measurement Date from 14th March 2022. If this happens, you will receive the income payment for that quarter, and the repayment of your original investment in full at this point.

Repayment of your investment if no early maturity: If the Final Level of any of the Underlying Assets is more than 50% below its Opening Level, you will receive back significantly less than your original investment. The amount of your investment you receive back will be reduced by the same percentage amount that the worst performing Underlying Asset has fallen in value from the Start Date.

Investment deadlines:

  • If you are transferring an existing ISA: 5th March 2021 (we request these be received by 2nd March to allow for posting)
  • If you are paying by cheque: 5th March 2021 (we request these be received by 2nd March to allow for posting)
  • If you are paying by bank transfer: 11th March 2021
  • Strike Date: 12th March 2021
Click here for more details of this product
Hilbert launch new tranche
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.

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 liquid or counterparty exposure.

At the Best Price FS price the Hilbert Plans are certainly worthy of consideration for inclusion within investment portfolios.

We would like to thank you for your continued interest in our Investment services and look forward to receiving your continued support.

Warmest Regards.

Best Price FS Team
Advice: Simply click here to get in touch if you wish to receive regulated advice in relation to the ‘suitability’ of the plans to meet your investment needs.