FTSE 100 Defensive Supertracker Plan May 2018
The plans pays a potential return at maturity equal to 3 times any growth in the FTSE 100 index starting at 90% of its starting level. Any growth received from this plan is capped at 60%. This plan has a 6 year investment term and a 60% European Capital protection barrier.
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 19 May 2018 for bank transfer applications.
The closing date for applications by cheque is 11 May 2018
The closing date for ISA transfer applications is 8 May 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 Supertracker Plan May 2018 is a maximum 6 year growth plan linked to the performance of the FTSE 100 Index.This plan has a defensive feature which means you can still get growth even if the index has fallen up to 10% at maturity. We consider 90% of the index starting level to be the defensive growth level, and any performance above that level means an investor will receive growth. If the index finishes below this 90% level, there will be no growth payment.
Your growth is only calculated once the plan has matured. If the index is above 90% of its starting level, the difference between the final level and 90% will be used to calculate the growth. Any difference is multipled by 3 to boost the amount of growth you can achieve.
You should note that any growth from this plan is capped at 60%.
There are three possible outcomes at market close on the maturity date:
- If the index finishes above 90% of its starting level, you will get a growth payment and your capital in full
- If the index finishes below 90% of its starting level but at or above 60% of its starting level, you will get your capital back in full but no growth payment
- If the index finishes below 60% of its starting level, you will get no growth payment and you lose capital equal to the percentage fall in the index
Capital protection even if the market has fallen up to 40% after 6 years
Your capital will be protected at maturity if the index remains at or above 60% of its starting level.
Therefore, this Plan has been designed for clients who are looking for equity-linked returns after a 6 year period. It is aimed at clients who have a medium attitude to risk and are prepared to risk their capital in order to potentially achieve higher returns.
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: