A maximum six year structured investment plan linked to the performance of the FTSE 100 and S&P 500 Index. The Plan can mature at the end of years 2, 3, 4, 5 or 6 with a fixed payment equal to 6.2% per annum, if both the FTSE 100 and S&P 500 are above a reducing percentage (reduction of 5% per annum) of their starting levels.
Key Dates
| Closing Date: | September 22nd, 2017 | ISA Transfers: | September 1st, 2017 |
| Start Date: | October 2nd, 2017 | Maturity Date: | October 2nd, 2023 |
Plan Brochure & Application Forms
Key Terms
Potential Return: 6.2% per annum
Investment Type: Auto-Call/Kick-Out
Product Type: Capital at Risk
Investment Term: Maximum 6 years
Minimum Investment: £3,000
Underlying Asset: FTSE 100 Index and S&P 500 Index
Capital Protection: Capital is at risk, if the Plan runs for the full 6 years and at the end of year 6, either the FTSE 100 or S&P 500 finish lower than 60% of their respective starting level, your initial investment will be reduced by 1% for every 1% fall in the worst performing index at the end of the Plan Term.
How to invest
Applications for the Plan must be submitted via Best Price Financial Services and received by 5pm on September 19th, 2017 for bank transfers.
The closing date for applications by cheque is September 13th, 2017
The closing date for applications by ISA transfers is August 30th, 2017.
This will enable us to process your application and forward it on to the structured product provider.
1Firstly, print off and complete our Appropriate Assessment Questionnaire. All applications require two proofs of identity - see the questionnaire for more information.
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
SA13 2PS
Fees for Non-Advised Investments
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.
*A minimum fee of £50 applies for private investments.
Further Information
The Plan is designed to repay your initial investment and deliver a return dependent on the performance of the FTSE 100 and S&P 500.
The Financial Institution option works in the same way as the Investec option but is designed to reduce the risk of potential loss to your investment in the event that Investec fails or becomes insolvent. The risk to your investment will instead be subject to whether any of the Five UK Financial Institutions (Aviva plc, Barclays Bank plc, HSBC Bank plc, Lloyds Bank plc and Prudential plc) experience a Credit Event.
If at the end of years 2, 3, 4, 5 or 6 both the FTSE 100 and S&P 500 are higher than a specified percentage of their starting levels, the Plan will mature (Kick-Out) returning your initial investment plus a fixed payment equal to 6.2% per annum (not compounded).
However, if the Plan runs for the full 6 years and at the end of year 6, either the FTSE 100 or S&P 500 finish lower than 60% of their respective starting level, your initial investment will be reduced by 1% for every 1% fall in the worst performing index at the end of the Plan Term.
Therefore, this Plan has been designed for clients who are looking for equity-linked returns over a 6 year period, but can accommodate receiving their money back before the end of the term. It is aimed at clients who have a medium attitude to risk and are prepared to risk their capital in order to potentially achieve higher returns.
The information contained within this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
*** This is a non-advice website and all content is purely for informational purposes. ***
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