Last week, we sent through details of the launch of Issue 13 of Tempo’s product suite, with details of some ground-breaking product developments, including new plans and options and some exceptional barrier levels and features.
The new suite has immediately attracted attention and interest.
Financial Times columnist David Stevenson’s blog has an article about the exceptional pricing of structured products in this current environment and he used the Tempo product suite launch as the examples: It is well worth a read:
Market volatility is still high, but there appears to be a clear and somewhat surprising contrast between bad economic news (as data for lower GDP, higher unemployment, etc. comes through for Q1 … with an expectation that Q2 numbers will be even worse, as it will capture the full impact of the economic lock down) and the level of market indexes, which appear to be responding optimistically to potentially positive news flow, such as lower death rates and the easing of lock down measures. The UK’s FTSE 100 is up 3% so far, today (at the time of writing), for example.
If markets continue to firm up and rise steadily higher, such exceptional structured product terms should be expected to be short-lived. Put more plainly, they will disappear.
So, if you like the look of the terms available currently and are looking to add products to your portfolio for the long term, now could be an opportune time to consider doing so.
To remind you about some of the headline features of Issue 13 of the Tempo product suite:
> The Tempo Long Kick-Out Plan now includes TWO step-down options, including one which allows the FTSE 100 FDEW to fall by up to 70% over 10 years! In addition, the ‘at or above start level’ option offers a potential coupon of nearly 18% per year, without requiring any rise in the index.
> The Tempo Long Growth & Kick-Out Plan will generate 125%, i.e. 25% per year, at year 5, if the index has risen by just 1% per year, OR 150% at year 10, on the same condition of a 1% annual rise in the index! This 2-in-1 strategy plan is exceptional.
> The Tempo Long Income Plan offers 2 quarterly income options, providing either 4.25% p.a. (payable if the FTSE 100 FDEW is above 30% of its start level) or 7.15% p.a. (payable if the FTSE 100 FDEW is above 75% of its start level), with a unique ‘memory feature’!
Please click on the following link to access the full details and plan literature:
It is also worth noting that all of Tempo’s plans benefit from its unique ‘Stated terms or better’ pledge, which can potentially add significant value for investors. Wealth Adviser recently ran an article about it:
If you would like to discuss the current coronavirus environment and outlook, and investment views and portfolio construction thinking and ideas, we would be delighted to chat with you.
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.
Please ensure that you view the plan documents for full details of the features and the risks.
Tempo’s products can only be accessed with advice.
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.
Best Price FS Team