|Closing Date:||August 16th, 2017||ISA Transfers:||July 26th, 2017|
|Start Date:||August 18th, 2017||Maturity Date:||August 8th, 2027|
|Product Type||Capital at Risk|
|Investment Term||Maximum 10 years|
|Underlying Asset||FTSE 100 Index|
|Potential Gross Return||6.6% per annum|
|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 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.
Fees for Non-Advised Investments
*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.
You must download and read the Plan Brochure for a full description of all the benefits and risks involved in the plan, prior to proceeding with your investment.
If you do not fully understand the risks or are unsure as to the suitability of the investment, please contact usFTSE Daily Accrual Income Kick Out Plan August 2017 Direct & ISA Application Form ISA Transfer Application Form
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
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