10:10 FTSE Kick Out Plan February 2019 (Option 1)
A maximum ten year two week structured investment product, that offers the potential for maturity at the end of year 2 with a fixed return of 9.44% per year, provided the FTSE 100 is at or above a reducing Reference Level on one of the Kick Out Dates. Kick Out Levels are reduced from year 4 to increase the chance of early expiry.
Product Literature & Forms
You should always read the relevant plan brochure and any other plan documentation, for full details of the plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions there are other important documents, including a Key Information Document ('KID'), that you should consider, before deciding to invest in the plan.
If you do not fully understand the risks or are unsure as to the suitability of the investment, please contact us
How to Invest?
Applications for the Plan must be submitted via Best Price Financial Services and received by 5pm on 10 February 2019 for bank transfer applications.
The closing date for applications by cheque is 4 February 2019
The closing date for ISA transfer applications is 28 January 2019.
This will enable us to process your application and forward it on to the structured product provider.
1 Firstly, print off and complete our Appropriate Assessment Questionnaire. All applications require two proofs of identity - see the questionnaire for more information.
2 Next download, print and complete the application form available. Note that product applications will have multiple documents, so please choose the one relevant to you.
3 Place 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
The Mariana 10:10 FTSE Kick Out Plan is a 10 year 2 week 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 9.44% per annum, you will receive the return of 37.76% 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 2 week 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.
All investments carry risk. It is identifying those risks, understanding how they may affect an investment and assessing whether an investment is suitable for your circumstances that is important.
The potential returns of most structured products and repaying the money invested are usually linked to the level of a stock market index and also depend on the financial stability of the issuer and counterparty bank. You should only consider investing if you understand and accept the risk of losing some or all of any money invested.
You should always read the relevant plan brochure and any other plan documentation, for full details of a plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions there are other important documents, including a Key Information Document (‘KID’), that you should consider, before deciding to invest in a plan.
Structured products should only be considered as part of a diversified and balanced portfolio.
Below is a summary of some of the main risks usually associated with an investment in structured products plans: