| Mariana have just released a further tranche of products for April 2022. A brief summary of each plan, which are all eligible for Dual ISA, is provided below:
Mariana 8:8 (FTSE CSDI Version) – April 2022
Mariana FTSE 150 Dual Option Kick Out Plan – April 2022
Mariana FTSE 100 Deposit Kick Out Plan – April 2022
Please find detailed below a further summary of each Product. Please refer to the Brochure and KID for full information of each plan which contains full information on both the Index & the Counterparty for the Investments. |
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| Mariana 8:8 Plan (FTSE CSDI Version) – April 2022This is an eight year, two week Plan based on the performance of the FTSE™ Custom 100 Synthetic 3.5% Dividend Index, the Underlying Asset. The Plan is constructed to offer a Potential Return of 3.7% for each six-month period the Plan runs (7.4% p.a.) with the possibility of early maturity and the full repayment of Initial Capital from the end of the Plan’s second year and semi-annually thereafter. The Potential Return is only payable if the Plan kicks out.
Should the Closing Price of the Underlying Asset on an Observation Date be at or above the Kick Out Trigger Level, the Plan will mature early, repaying your Initial Capital plus the Potential Return multiplied by the number of six-month periods the Plan has run.
The Kick Out observations begin on the second anniversary date and continue on a semi-annual basis until the Plan’s Maturity Date (from 22 April 2024 to 23 April 2030).
If the Plan has not already kicked out, Initial Capital will be repaid in full at the end of the Plan’s term if on the Maturity Date (23 April 2030) the Closing Price of the Underlying Asset is not more than 35% below the Start Level.
If on the Maturity Date the Closing Price of the Underlying Asset is less than 65% of the Start Level (representing a decline of more than 35% from the Start Level), your Initial Capital will be lost at a rate of 1% for every 1% the Closing Price of the Underlying Asset is below the Start Level. |
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About Morgan Stanley & Co. International plc: Morgan Stanley & Co. International plc and its subsidiary undertakings are part of a group whose principal activity is the provision of financial services to corporations, governments and financial institutions. Morgan Stanley & Co. International plc is authorised by the Prudential Regulation Authority (“PRA”) and regulated by the PRA and the United Kingdom Financial Conduct Authority.
More information on Morgan Stanley & Co. International plc can be found on their website www.morganstanley.com or by requesting a copy of their prospectus from Mariana. The prospectus contains information and contractual terms for the securities issued by Morgan Stanley & Co. International plc.
You may lose part and up to all your investment if Morgan Stanley & Co. International plc goes into liquidation and defaults on paying your Plan return and the repayment of your Initial Capital. The risk that Morgan Stanley & Co. International plc goes into liquidation is called Counterparty Risk.
Securities issued by Morgan Stanley & Co. International plc. and Morgan Stanley are not covered by the Financial Services Compensation Scheme (FSCS). Therefore if the Issuer and/ or the Guarantor become insolvent you would not be covered by the FSCS.
The Plan is not endorsed, sponsored or otherwise promoted by Morgan Stanley or any of its affiliates. None of Morgan Stanley or its affiliates are responsible for the contents of this brochure and nothing in this document should be considered a representation or warranty by Morgan Stanley to any person regarding whether investing in the product is suitable or advisable for such a person. Neither Morgan Stanley, nor any of its affiliates, has provided advice, nor made any recommendation about investments or tax in relation to this product.
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| Mariana FTSE 150 Dual Option Kick Out Plan – April 2022This is a ten year, one week Plan based on the performance of the FTSE™ 150 Equally Weighted Discounted Return Custom Index, the Underlying Asset. The Plan is constructed to offer a Potential Return of 2.5% for each quarter the Plan runs in Option 1 and 3.88% or each quarter the Plan runs in Option 2 with the possibility of early maturity and the full repayment of Initial Capital from the end of the Plan’s second year and quarterly thereafter. The Potential Return is only payable if the Plan kicks out.
Should the Closing Price of the Underlying Asset on an Observation Date be at or above the Kick Out Trigger Level, the Plan will mature early, repaying your Initial Capital plus the Potential Return multiplied by the number of quarters the Plan has run.
The Kick Out observations begin on the second anniversary date and continue on a quarterly basis until the Plan’s Maturity Date (from 8 April 2024 to 8 April 2032).
If the Plan has not already kicked out, Initial Capital will be repaid in full at the end of the Plan’s term if on the Maturity Date (8 April 2032) the Closing Price of the Underlying is not more than 35% below the Start Level.
If on the Maturity Date the Closing Price of the Underlying Asset is less than 65% of the Start Level (representing a decline of more than 35% from the Start Level), your Initial Capital will be lost at a rate of 1% for every 1% the Closing Price of the Underlying Asset is below the Start Level. |
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About Natixis: Natixis is the corporate, investment, insurance and financial services arm of Groupe BPCE and the 2nd-largest banking group in France with 36 million clients spread over two retail banking networks, Banque Populaire and Caisse d’Epargne. With nearly 16,000 employees, Natixis has a number of areas of expertise that are organised into three main business lines: Corporate & Investment Banking, Investment Solutions & Insurance, and Specialised Financial Services. Listed on the Paris stock exchange, at the end of Q1 2021 it had a Basel 3 Common Equity Tier 1 Ratio of 11.6%.
More information on Natixis can be found on their website www.natixis.com or by requesting a copy of their prospectus from Mariana. The prospectus contains information and contractual terms for the securities issued by Natixis Structured Issuance SA.
Natixis acts as Guarantor of the securities issued by Natixis Structured Issuance SA, which means that Natixis will make the payments under the securities if Natixis Structured Issuance SA is unable to fulfil its payment obligations.
You may lose part and up to all your investment if Natixis goes into liquidation and defaults on paying your Plan return and the repayment of your Initial Capital. The risk that Natixis goes into liquidation is called Counterparty Risk.
Securities issued by Natixis Structured Issuance SA and Natixis are not covered by the Financial Services Compensation Scheme (FSCS). Therefore if the Issuer and/ or the Guarantor become insolvent you would not be covered by the FSCS.
The Plan is not endorsed, sponsored or otherwise promoted by Natixis or any of its affiliates. None of Natixis or its affiliates are responsible for the contents of this brochure and nothing in this document should be considered a representation or warranty by Natixis to any person regarding whether investing in the product is suitable or advisable for such a person. Neither Natixis, nor any of its affiliates, has provided advice, nor made any recommendation about investments or tax in relation to this product.
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| Mariana FTSE 100 Deposit Kick Out Plan – April 2022This is a six year, one week Deposit Plan based on the performance of the FTSE™ 100 Index, the Underlying Asset. The Deposit Plan is constructed to offer a Potential Return of 3.5% for each year the Deposit Plan runs with the possibility of early maturity and the full repayment of Initial Capital from the end of the Deposit Plan’s third year and annually thereafter. The Potential Return is only payable if the Deposit Plan kicks out.
Should the Closing Price of the Underlying Asset on an Observation Date be at or above the Kick Out Trigger Level, the Deposit Plan will mature early, repaying your Initial Capital plus the Potential Return multiplied by the number of years the Deposit Plan has run.
The Kick Out observations begin on the third anniversary date and continue on an annual basis until the Deposit Plan’s Maturity Date (from 22 April 2025 to 24 April 2028).
If the Deposit Plan has not already kicked out, Initial Capital is returned in full on the Maturity payment Date regardless of the performance of the Underlying.
The repayment of Initial Capital and the payment of any returns are subject to Counterparty Risk. |
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About Goldman Sachs International: Goldman Sachs International Bank is part of The Goldman Sachs Group, Inc. which is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
You may lose all or part of your investment if Goldman Sachs International Bank collapses, becomes bankrupt or goes into liquidation and defaults on paying your Deposit Plan return and the repayment of the Initial Capital. The risk that Goldman Sachs International Bank collapses, becomes bankrupt or goes into liquidation is called Counterparty Risk.
Should Goldman Sachs International Bank collapse, become bankrupt or go into liquidation, you may be eligible for compensation under the Financial Services Compensation Scheme (FSCS). Further details in relation to compensation arrangements are set out in the section entitled ‘Where is my money and can I lose it?’.
The Deposit Plan is not endorsed, sponsored or otherwise promoted by Goldman Sachs International Bank or any of its affiliates.
None of Goldman Sachs International Bank or its affiliates is responsible for the contents of this brochure and nothing in this document should be considered a representation or warranty by Goldman Sachs International Bank to any person regarding whether investing in the Deposit Plan is suitable or advisable for such a person. Neither Goldman Sachs International Bank, nor any of its affiliates, has provided advice, nor made any recommendation about investments or tax in relation to this Deposit Plan.
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| 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 Mariana Plans are certainly worthy of consideration for inclusion within investment portfolios.
Warmest Regards.
Best Price FS Team |
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