|Closing Date:||August 16th, 2017||ISA Transfers:||July 26th, 2017|
|Start Date:||August 18th, 2017||Maturity Date:||August 8th, 2027|
Potential Gross Return: 6.6% per annum
Investment Type: Income/Auto-Call
Product Type: Capital at Risk
Investment Term: Maximum 10 years
Minimum Investment: £5,000
Underlying Asset: FTSE 100 Index
Capital Protection: Capital is at risk if the closing price of the FTSE 100 Index is more than 40% below the Start Level on the Maturity Date. In this case, Initial Capital will be lost at a rate of 1% for every 1% the closing price of the FTSE 100 Index is below the Start Level.
The closing date for applications by cheque is August 8th, 2017
The closing date for applications by ISA transfers is July 24th, 2017.
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.
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.
The FTSE Daily Accrual Income Kick Out Plan August 2017 is a ten year Plan based on the performance of the FTSE 100 Index. The Plan is constructed to offer a Potential Income of 1.65% per quarter providing the Closing Price of the index is at or above 75% of the Start Level on each quarterly Observation Date.
If the Closing Price of the index is below 75% of the Start Level on a quarterly Observation Date, no income is paid for that quarter.
The Plan has the possibility to kick out from the end of year 1 and quarterly thereafter. Should the Closing Price of the index be at or above 110% of the Start Level on any one of the kick out Observation Dates, the Plan will mature early paying the Potential Income for that quarter and returning Initial Capital in full (subject to Counterparty Risk).
If the Plan has not already kicked out, Initial Capital will be returned in full at the end of the Plan’s term if on the Maturity Date the Finish Level of the index is not more than 40% below the Start Level.
You are at risk of losing your capital if the Closing Price of the index is less than 60% of the Start Level (representing a decline of more than 40% from the Start Level), your Initial Capital will be lost at a rate of 1% for every 1% the Closing Price of the index is below the Start Level.