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HILBERT: NEW LAUNCH – Growth (15.2% p.a.) / Income (10% p.a.)

  • Tuesday, September 28, 2021
HILBERT

INVESTMENT NEWS UPDATE

HILBERT: NEW LAUNCH – Growth (15.2% p.a.) / Income (10% p.a.)
HILBERT
We write to inform you that Hilbert have launched a new tranche of their products, one designed for Income and the other for growth.
Kick Out Series: 3 Stock Defensive Autocall – Issue 10

  • Potential Return: 15.2% p.a. (7.6% Semi Annually)

Income Series: 3 Stock Conditional Quarterly Autocall – Issue 6

  • Income potential: 2.5% per quarter (no memory feature)

The counterparty for the plans is Citigroup Global Markets Funding Luxembourg S.C.A. (‘Citigroup’)

About Citigroup: Citigroup, acting through its Luxembourg entity Citigroup Global Markets Funding Luxembourg S.C.A. (“CGMFL”).

Long-term credit ratings for Citigroup Credit ratings and outlooks are subject
to change at any time. For the latest credit ratings, please visit www.citigroup.com/citi/investor/data/rate161219.pdf?ieNocache=377

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 5 of the Brochure.
Hilbert Kick Out Series: 3 Stock Defensive Autocall – Issue 10 (15.2% p.a. potential return)

Investment Return: Up to 7 years. However, the Plan can mature early from the first annual observation date, if certain criteria are met (see “Early Maturity” below).

Early Maturity: The Plan will mature early if the Closing Levels of all three Underlying Assets are at least equal to the relevant Reference Level on any Semi Annual Measurement Date from the end of the first 12 month period. If this happens, you will receive a Fixed Growth Return equal to 7.6% for each semi annual observation date that has passed since the Start Date. You will also be repaid 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 initial 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 Octoerb2021
•  If you are paying by cheque: 5th October 2021, to be received by Best Price – 1st October 2021
•   If you are paying by bank transfer: 11th October 2021Start Date: 12th October 2021. This is the date that the Opening Levels of the Underlying Assets are recorded (the official closing levels).Maturity Date:  27th October 2028
Click here for more details of the Hilbert Kick Out Series: 3 Stock Defensive Autocall – Issue 10
Hilbert 3 Stock Conditional Quarterly Autocall – Issue 6

Income:  You will receive an income payment of 2.5% 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 95% of their Opening Levels on any Quarterly Measurement Date from 12th October 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 October 2021
•   If you are paying by cheque: 5th October 2021, to be received by Best Price – 1st October 2021
•  If you are paying by bank transfer: 11th October 2021Start Date: 12th October 2021. This is the date that the Opening Levels of the Underlying Assets are recorded (the official closing levels).Maturity Date:  27th October 2028
Click here for more details of the Hilbert Income Series: 3 Stock Conditional Quarterly Autocall – Issue 6
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 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.