Credit Suisse FTSE 100 Quarterly Income Autocall Plan 18

Dura Capital

Credit Suisse FTSE 100 Quarterly Income Autocall Plan 18

A maximum eight year structured income plan linked to the performance of the FTSE 100. This Plan is designed to generate income payments of 1.50% per quarter if the FTSE 100 is equal to or higher than 75% of its Initial Index Level on each Quarterly Observation Date.

  • Potential return: 1.5 % per quarter
  • Product type: Capital at Risk
  • Investment type: Income/Kick-Out
  • Closing Date: 21 December 2018
  • ISA Transfer: N/A
  • Start Date: 28 December 2018
  • Maturity Date: 29 December 2026
  • Market / index link: FTSE 100 Index
  • Counterparty: Credit Suisse AG
  • Investment term: 8 years (maximum)
  • Kick-out / Early maturity: Yes
  • Barrier type: End of term
  • Barrier level: 60%
Important: The closing date for applications by cheque is 12 December 2018 and by bank transfer is 18 December 2018.

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

Complete the form and we will email you the requested literature and instructions on how to invest.

Select the application form you require

How to Invest?

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
SA13 2PS

Further Information

The Credit Suisse FTSE 100 Quarterly Income Autocall Plan 18 is a 8 year structured incomeplan that is designed to deliver a return dependent on the performance of the FTSE 100.

This Plan is designed to generate income payments of 1.5% per quarter if the FTSE 100 is equal to or higher than 75% of its Initial Index Level on each Quarterly Observation Date.

If at the end of any year from the end of year 2 onwards, the Index is equal to or above 105% of its Initial Index Level the Plan will Autocall (mature) returning your initial investment plus the income payment.

You may not receive some or any income payments. If the Index is lower than 75% of its Initial Index Level on a Quarterly Observation Date, no income payment will be made for that quarter.

YOUR INVESTMENT IS AT RISK:
If the Plan runs for the full term and index finishes lower than 60% of its Initial Index Level (i.e. the Index has fallen more than 40%), your initial investment will be reduced by 1% for every 1% fall in the Index.

WHO IS THE PLAN AIMED AT?
This plan is targeted at clients who are looking for a high level of income over a 10 year period, but can accommodate receiving their money back before the end of the term. The frequency of income payments is not known and investors should not be reliant on these income payments to meet living expenses.

Investors should be prepared to risk their capital in order to potentially receive a higher level of income. Investors should be able understand that both their return of capital and payment of their income are linked to the FTSE 100.

Don’t forget the risks

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:

Market risk to potential returns

Whether or not a plan generates the potential returns for investors usually depends on the closing level of the relevant index on the relevant dates for the plan, i.e. the kick-out anniversary dates for kick-out products; the early maturity dates and end dates for growth products; the annual income dates for income products.

If the index closes below the level needed, for the plan or plan options chosen, on all of the relevant dates, the plan or plan options will not generate a return.

Market risk to repayment of money invested in 'Capital-at-Risk' plans

If the closing level of the relevant index is below the level needed on all of the kick-out anniversary dates or early maturity dates, if relevant for the plan or plan options chosen, and on the end date, repaying the money invested at maturity will usually depend on the closing level of the index on the end date..

Different structured products use different types of protection barriers. Some products use barriers that are observed every day that can therefore be breached on any day during the investment term, while some products use barriers that are only observed at the end of the investment term and that cannot therefore be breached during the investment term.

Market risk to the repayment of money invested on the end date will depend on the type of barrier and its level.

For example, for a product with an end of term barrier, set at 60% of the start level, if the index for the plan closes at or above 60% of the start level, on the end date, money invested will be repaid in full (less any agreed adviser fees and withdrawals). However, if on the end date the index closes below 60% of the start level, the amount of money repaid (less any agreed adviser fees and withdrawals) will be reduced by the amount that the index has fallen. For example, if the index has fallen by 45%, the repayment of money invested will be reduced by 45% (meaning that investors will get 55% of their investment back).

'Protected' types of structured products

Some structured product plans are designed so that they are 100% protected from stock market risk at the end date.

It is important to understand that even if a structured product plan is designed with 100% protection from stock market risk, at the end date, it will still usually have issuer and counterparty bank risk. In other words, both the potential returns of the plan and repaying the money invested at the end date will depend on the financial stability of the issuer and counterparty bank. If the issuer and counterparty bank become insolvent, or similar, or fail to be able to meet their obligations, it is likely that investors will receive back less than they invested.

Issuer and counterparty bank risk

Both the potential returns and repaying the money invested of most structured products depend on the financial stability of the issuer and counterparty bank. If the issuer and counterparty bank become insolvent, or similar, or fail to be able to meet their obligations, it is likely that investors will receive back less than they invested.

Financial Services Compensation Scheme ('FSCS') protection

It is important to understand that it is not usually possible to claim under the Financial Services Compensation Scheme if the issuer and counterparty bank fail to meet their obligations or if the stock market index that a plan links to falls.

Structured deposits

Structured deposit plans are deposit-based and will usually be fully protected from stock market risk at the end date and also benefit from the protection of the Financial Services Compensation Scheme, if the bank or building society is a licensed UK deposit taker.