Dual Index Quarterley Contingent Income Plan March 2018
An 8 year Income plan Linked to the FTSE 100 & RUSSELL 2000 offering a 1.83% Quarterly income possibility.
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 11 March 2018 for bank transfer applications.
The closing date for applications by cheque is 5 March 2018
The closing date for ISA transfer applications is 26 February 2018.
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 Dual Index Quarterley Contingent Income Plan March 2018 is a maximum eight year investment offering a potential gross investment return of 1.83% per quarter. The capital and investment return are linked to the performance of the FTSE 100 & RUSSELL 2000 Index.
This investment could pay a quarterly income of 1.83% of your initial investment. This will only be received if both indices close at or above 75% of their starting levels on the quarterly observation dates. If this condition is not met, you will not receive an income for that quarter.
This investment could end early from the end of year 2 and quarterly thereafter. This will occur if the worst performing index closes at or above 105% of its starting level on the kick out observation dates.
If your investment has not kicked out before maturity, there are three possible outcomes at market close on the maturity date:
- If the worst performing index is at or above 75% of its starting level, you will receive your initial invested capital plus a final income payment of 1.83%.
- If the worst performing index is below 75% of its starting level but has not fallen below 60% of its starting level, you will receive your initial invested capital but no final income payment.
- If the worst performing index has fallen below 60% of its starting level, you will lose a proportion of your capital equal to the percentage fall in the worst performing index. As an example, if the worst performing index has fallen 70% from its starting level - you will lose 70% of your initial capital.
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: