Mariana Dual Index Step Down Kick Out Plan Now Available
The Dual Index Step Down Kick Out Plan has the potential to mature early with a 9.10% per annum coupon.
Observations to mature early occur quarterly, increasing the number of opportunities to “Kick Out” of the plan. This is accompanied by a descending reference level as the plan progresses. Please see details below.
Dual Index Step Down Kick Out Plan May 2020
FTSE™ 100 Index and Euro Stoxx 50® Index
Maximum 6-year 11-month Plan
2.275% for each quarter the Plan runs (9.10% p.a.), paid gross. The Potential Return will only be paid if the Plan kicks out
Kick Out Trigger Level:
Year 2 (Q1 – Q4) – 100%
Year 3 (Q1 – Q4) – 100%
Year 4 (Q1 – Q4) – 95%
Year 5 (Q1 – Q4) – 90%
Year 6 (Q1 – Q3) – 85%
Year 7 (Q1) – 80%
Initial Capital Return Barrier:
At or above 65% of the Start Level
This is a Capital at Risk Plan and is subject to Counterparty Risk
21/05/2020 (to be received by Best Price on 15/05/2020 for applications paid by Bank Transfer; 08/05/2020 for payments by cheque and for ISA Transfers 01/05/2020)
Plan Start Date:
For more details please click on the following link:
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 point (when combined with our smiley and helpful service) the Mariana 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