|Closing Date:||December 20th, 2017||ISA Transfers:||November 29th, 2017|
|Start Date:||December 22nd, 2017||Maturity Date:||January 7th, 2028|
Potential Gross Return: 7% per annum
Investment Type: Auto-Call/Kick-Out
Product Type: Capital at Risk
Investment Term: Maximum 10 years
Minimum Investment: £5,000
Underlying Asset: FTSE 100 Index
Capital Protection: Capital is at risk if the closing price of the FTSE 100 Index is more than 30% below the Start Level on the Maturity Date. In this case, Initial Capital will be lost at a rate of 1% for every 1% the closing price of the FTSE 100 Index is below the Start Level.
The closing date for applications by cheque is December 12th, 2017
The closing date for applications by ISA transfers is November 27th, 2017.
This will enable us to process your application and forward it on to the structured product provider.
2Next, click Download Plan on the left and download, print and complete the application form available. Note that Investec applications will have multiple documents, so please choose the one relevant to you.
3Place all completed documents - questionnaire, proofs of identity, application form and cheques for payment - in an envelope and post to:
Best Price Financial Services,
The Tythe Barn, 5 Eglwys Nunnydd,
Margam, Neath Port Talbot
All non-advised sales carry an arrangement fee of just 0.3%* of your investment. This is the cheapest percentage fee you'll find online, and all designed to help you make the most of your money. To work out the charge for your investment, use our simple cost calculator.
If you receive advice in the purchase of your Structured Product then this will incur an arrangement fee, but at just 1.5% this is lower than almost every other provider. Purchasing this way will ensure that you receive help and direction in choosing your plan, making it a good option for investors who are new to Structured Products.
The Mariana 10:10 FTSE Kick Out Plan is a 10 year Plan with the potential to mature early from the end of the second year.
The Plan has the opportunity to Kick Out on an Observation Date providing the closing price of the FTSE 100 Index is at or above reducing Reference Level on one of the Kick Out Dates. As an example, if the Plan kicks out at the end of year 4 with a return of 7% per annum, you will receive the return of 28% gross (4 x the annual return) plus your Initial Capital.
The Reference Levels are as follows: Year 2: 102.5% Year 3 : 100.0% Year 4 : 97.5% Year 5 : 95.0% Year 6 : 92.5% Year 7 : 90.0% Year 8 : 87.5% Year 9 : 85.0% Year 10 : 82.5% (Final Level).
If the Plan does not kick out, and on the Maturity Date the Finish Level of the Underlying is less than 82.5% of the Start Level but not less than 70% of the Start Level, you will not receive the Potential Return but your Initial Capital will be returned in full.
Therefore, this Plan has been designed for clients who are looking for alternatives to fixed rate cash products over the medium term, but can accommodate receiving their money back before the end of the 10 year term. It is aimed at clients who are looking for equity-linked returns but with a low attitude to risk and are unwilling to risk their initial deposit, but are prepared to forego a fixed rate of interest for the potential of a higher annual return.