FTSE 100 3 Year Bonus Income Deposit Plan 3
The aim of the plan is to provide income payments of 3% per annum over the 3 year term if the FTSE 100 is higher than 95% of its starting level on each anniversary. Memory feature means that any missed income payments are added to any subsequent successful income payment.
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 13 March 2018 for bank transfer applications.
The closing date for applications by cheque is 7 March 2018
The closing date for ISA transfer applications is 21 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 aim of the FTSE 100 3 Year Bonus Income Deposit Plan 3 is to make annual income payments over 3 years and to return at maturity an amount equal to 100% of the initial investment.
Your initial deposit will be returned at maturity, regardless of any fall in the FTSE 100.
The Income Observation Dates are each anniversary of the Start Date. On each Income Observation Date, if the closing level of the FTSE 100 is higher than 95% of the Initial Index Level, you will receive an income payment of 3%.
If the closing level of the FTSE 100 is equal to or lower than 95% of the Initial Index Level, no income payment will be made for that year. The missed payment will be rolled up and added to the next successful income payment, if one is made.
If the FTSE 100 is equal to or lower than 95% of its starting level on every anniversary of the Start Date, no income payments will be made, however their initial deposit will be returned at Maturity.
The FTSE 100 3 Year Bonus Income Deposit Plan 3 has been designed for clients looking for income over a 3 year term but who are not dependent on the income to meet living expenses. They do not wish to risk losing their initial deposit and therefore the product is aimed at those who have a relatively low attitude to risk.
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: