FTSE 100 Semi-Annual Defensive Kick Out Plan March 2018
A 6 year kick out product linked to the FTSE 100 offering 3.25% every six months. Kick out is possible from the end of year two.
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 18 March 2018 for bank transfer applications.
The closing date for applications by cheque is 12 March 2018
The closing date for ISA transfer applications is 7 March 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 FTSE 100 Semi-Annual Defensive Kick Out Plan March 2018 is a maximum six year investment offering a potential gross investment return of 3.25% every six months. The capital and investment return are linked to the performance of the FTSE 100 Index.
This investment could accumulate 3.25% growth for each half yearly period that is held. Any potential growth payment is dependent upon a kick out event occurring. A kick out event is an opportunity for this investment to end early and with this investment it is possible from the end of year 2 and half yearly thereafter. A kick out event will occur if at market close onany kick out observation date the FTSE 100 is above a reducing percentage of its starting levels.
The Reference Levels are as follows: year 2 at 100%; year 3 at 95%; year 4 at 90%; year 5 at 85% and year 6 (Final Level) at 80%
If your investment has not kicked out before maturity, there are three possible outcomes at market close on the maturity date:
- If the index is at or above 80% of its starting level, you will receive your initial invested capital plus a 39% growth payment.
- If the index is below 80% of its starting level but has not fallen below 60% of its starting level, you will receive your initial invested capital but no growth payment.
- If the index has fallen below 60% of its starting level, you will lose a proportion of your capital equal to the percentage fall in the FTSE 100. As an example, if the FTSE 100 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: