|Closing Date:||August 29th, 2017||ISA Transfers:||August 14th, 2017|
|Start Date:||August 31st, 2017||Maturity Date:||September 14th, 2023|
|Product Type||Capital at Risk|
|Investment Term||Maximum 6 years|
|Underlying Asset||FTSE 100 Index|
|Potential Gross Return||2x any rise in the FTSE 100|
|Capital Protection This is a capital-at-risk product. The investor will lose some, or all, of their money if the Final Level of the Index is below 60% of its Opening Level. The amount the investor would lose will equal the percentage that the Final Level of the Index is below its Opening Level.|
The FTSE Defensive Supertracker Plan August 2017 is a 6 year 2 week investment offering a potential % for each percentage point the Final Level of the Index is above 75% of its Opening Level (max 50% return).
An investment return will be payable if the Final Level of the Index is above 75% of its Opening Level.
In this event, the amount of the gross investment return payable will be 2% of your Net Subscription for each percentage point that the Final Level exceeds 75% of the Opening Level. The maximum investment return is capped at 50% which would be payable if the Final Level is at least equal to 100% of its Opening Level i.e. 25 percentage points above 75%
For example, 80% is 5 percentage points above 75% and would provide an investment return of 10%; 85% is ten percentage points above 75% and would provide a 20% investment return, and so on.
If the Final Level of the Index is above 100% of its Opening Level you will not receive any additional return above the maximum 50% provided by the Plan.
If the Final Level is equal to, or lower than, 75% of the Opening Level you will not receive an investment return.
Please note an additional 0.25% charge will apply to this product if you require paper-based correspondence, rather than online communications from Meteor Asset Management.
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 Defensive Supertracker Plan August 2017 Direct & ISA Application Form ISA Transfer Application Form
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