|Closing Date:||April 27th, 2018||ISA Transfers:||April 6th, 2018|
|Start Date:||May 8th, 2018||Maturity Date:||May 8th, 2024|
Potential Return: 6.25% 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
Capital Protection: Capital is at risk if the Plan runs for the full 6 years and at the end of year 6, if the FTSE 100 finishes lower than 60% of its starting level, your initial investment will be reduced by 1% for every 1% fall in the index at the end of the Plan Term.
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 FTSE 100 Defensive Step Down Kick Out Plan 10 is designed to repay your initial investment and deliver a return dependent on the performance of the FTSE 100.
Potential for maturity at the end of years 2, 3, 4, 5 or 6 with a fixed payment equal to 6.25% per annum (not compounded), if the FTSE 100 is above a reducing percentage of its starting levels.
The Reference Levels are as follows: year 2 at 100%; year 3 at 95%; year 4 at 85%; year 5 at 75% and year 6 (Final Level) at 65%
If the Plan continues to the end of year 6, the closing levels of the FTSE 100 are used to calculate the Final Index Level, as explained below:
The FTSE 100 Defensive Step Down Kick Out Plan 10 has been designed for clients looking for equity-linked returns over a 6 year period, but can accommodate receiving their money back before the end of the term. The payoff profile has been designed to suit clients who are cautious on equity market growth. Clients are likely to have a medium to high attitude to risk and be prepared to risk their capital in order to potentially achieve higher returns. This product is aimed at a more market cautious client who has high financial sophistication.