|Closing Date:||April 27th, 2018||ISA Transfers:||April 6th, 2018|
|Start Date:||May 8th, 2018||Maturity Date:||May 8th, 2026|
Potential Return: 6% per annum
Investment Type: Income/Auto-Call
Product Type: Capital at Risk
Investment Term: Maximum 8 years
Minimum Investment: £3,000
Underlying Asset: FTSE 100 Index
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 closing date for applications by cheque is April 18th, 2018
The closing date for applications by ISA transfers is April 4th, 2018.
This will enable us to process your application and forward it on to the structured product provider.
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
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.
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.