|Closing Date:||August 18th, 2017||ISA Transfers:||August 1st, 2017|
|Start Date:||August 29th, 2017||Maturity Date:||August 29th, 2025|
|Product Type||Capital at Risk|
|Investment Term||Maximum 8 years|
|Underlying Asset||FTSE 100 Index|
|Potential Gross Return||6% per annum|
|Capital Protection Capital is at risk if the FTSE 100 falls by more than 60% at any point during the Plan, and finishes lower than its starting level, you will lose some or all of your initial investment.|
The Plan is designed to provide regular monthly income payments over 8 years and to return your initial investment at maturity
On any Quarterly Anniversary Date, if the Payment Index Level of the FTSE 100 is higher than 60% of the Initial Index Level you will receive payments of 1.5% monthly, equivalent to 6% gross per year.
If the Payment Index Level is equal to or lower than 60% of the Initial Index Level, no income payment will be made for that quarter.
If on any Anniversary Date, from the end of year 2 onwards, the Kick-Out Level of the FTSE 100 is higher than 105% of the Initial Index Level, the Plan will mature early (Kick-Out) and you will receive back your initial investment and an income payment for that quarter.
Repayment of your initial capital at the end of the term is subject to the performance of the FTSE 100 Index.
If the Plan runs for the full 8 years and the Final Index Level is lower than 60% of the Initial Index Level, you will receive back your initial investment minus 1% for every 1% fall in the FTSE 100 (including partial percentages).
Therefore, This Plan has been designed for clients who are looking for a high level of income over a 8 year period, where the level of income is known and can be budgeted for, perhaps to meet living expenses.
It is aimed at clients who may be cash rich but income poor. As the capital is at risk, it is suited to those clients who are willing to take a risk on capital return in order to receive a higher level of income than could otherwise be achieved from cash products, and therefore are likely to have a medium attitude to risk or higher.
Fees for Non-Advised Investments
*A minimum fee of £50 applies for private investments.
Fees for Advised Investments
If you receive advice in the purchase of your Structured Product then this will incur an arrangement fee, but at just 1.5% this is lower than almost every other provider. Purchasing this way will ensure that you receive help and direction in choosing your plan, making it a good option for investors who are new to Structured Products.
You must download and read the Plan Brochure for a full description of all the benefits and risks involved in the plan, prior to proceeding with your investment.
If you do not fully understand the risks or are unsure as to the suitability of the investment, please contact usFTSE 100 Defensive Income Plan 1 - Option 1 Direct & ISA Application Form ISA Transfer Application Form
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
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