FTSE 100 Defensive Kick Out Deposit Plan 8
The FTSE 100 Defensive Kick-Out Deposit Plan provides potential for maturity at the end of years 3, 4, 5 or 6 with a fixed payment equal to 4.5% per annum (not compounded) if the FTSE 100 is above a reducing percentage of its starting level.
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 January 2019 for bank transfer applications.
The closing date for applications by cheque is 7 January 2019
The closing date for ISA transfer applications is 19 December 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 Defensive Kick Out Deposit Plan 8 is a maximum six year deposit investment offering a potential investment return of 4.5% per annum. The investment return are linked to the performance of the FTSE 100.
If at the end of years 3, 4, 5 or 6 the FTSE 100 is higher than a specified percentage of its starting level, the Plan will mature returning your initial deposit plus a fixed payment equal to 4.5% per annum not compounded.
Reference Levels: 100% at year 3, 95% at year 4, 90% at year 5, 85% at year 6
The first Measurement Date will be three years after the Start Date. If an early maturity is not triggered on a Measurement Date, the Plan will remain in force until at least the next Measurement Date. In the event an early maturity is triggered, the gross investment return payable will be: 13.5% at year 3; 18% at year 4; and 22.5% at year 5.
If no Kick-Out occurs and the FTSE 100 is equal to or lower than 85% of its starting level after 6 years, you will receive back your initial deposit with no return.
The FTSE 100 Defensive Kick Out Deposit Plan 8 has been designed for clients who are looking for alternatives to fixed rate cash products in order to achieve capital growth over a 6 year term. They do not wish to risk losing their initial deposit and therefore the product is aimed at those who have a medium-low attitude to risk. The payoff profile has been designed to suit clients who are cautious on equity market growth, and are willing to accept a lower potential return in order to have an increased chance of receiving a return.
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: