The aim of the FTSE 100 Defined Income Plan is to provide regular income payments of 1.5% per quarter (equal to 6% per annum) over the 6 year term if the FTSE 100 is higher than 75% of its starting level on each quarterly anniversary.

Key Dates

Closing Date: April 13th, 2017 ISA Transfers: March 24th, 2017
Start Date: April 24th, 2017 Maturity Date: April 24th, 2023
Important: The closing date for applications by cheque is April 5th, 2017 and by bank transfer is April 11th, 2017.
*Important Information: The return of your capital depends on the performance of the FTSE 100 Index and the ability of the counterparties (Investec Bank plc) to repay the monies.

Key Terms

Potential Gross Return: 6% per annum

Investment Type: Income

Product Type: Capital at Risk

Investment Term: Maximum 6 years

Minimum Investment: £3,000

Underlying Asset: FTSE 100 Index

Capital Protection: Your initial investment is at risk. If the FTSE 100 falls by more than 50% during the Plan Term and finishes lower than its starting level, you will lose some or all of your initial investment.

How to invest

Applications for the Plan must be submitted via Best Price Financial Services and received by 5pm on April 11th, 2017 for bank transfers.

The closing date for applications by cheque is April 5th, 2017

The closing date for applications by ISA transfers is March 22nd, 2017.

This will enable us to process your application and forward it on to the structured product provider.

1Firstly, print off and complete our Appropriate Assessment Questionnaire. All applications require two proofs of identity - see the questionnaire for more information.

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
SA13 2PS

Fees for Non-Advised Investments

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.

*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.

How much does it cost to invest?

A minimum fee of £50 applies for ISAs, ISA transfers and Direct cash investments. All other investments carry a minimum fee of £100.
You'll never pay more than £300 for your investment.

Further Information

The aim of the FTSE 100 Defined Income Plan 4 is to provide regular income payments over 6 years and to return at maturity an amount equal to 100% of the initial investment.

This Plan is designed to make quarterly income payments of:

  • 1.5% per quarter if the FTSE 100 is higher than 75% of its starting level on each Quarterly Anniversary Date, any missed income payments will be added to any subsequent income payments.

At maturity, if the Final Index Level is equal to or higher than the Initial Index Level then you will receive back your initial investment.

  • At maturity, if the Final Index Level is lower than the Initial Index Level, and the FTSE 100 has not fallen by more than 50% from the Initial Index Level during the Observation Period, you will receive back your initial investment.
  • At maturity, if the Final Index Level is lower than the Initial Index Level and the FTSE 100 has fallen by more than 50% from the Initial Index Level during the Observation Period, your initial investment will be reduced by 1% for every 1% fall (including partial percentages) in the FTSE 100.

This Plan has been designed for clients who are looking for a high level of income over a 6 year period, however the level of income is not relied upon, for example 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.