|Closing Date:||April 26th, 2017||ISA Transfers:||April 10th, 2017|
|Start Date:||April 28th, 2017||Maturity Date:||May 15th, 2023|
|Product Type||Capital at Risk|
|Investment Term||Maximum 6 years|
|Underlying Asset||FTSE 100 Index and S&P 500 Index|
|Potential Gross Return||6.75% per annum|
|Capital Protection This is a capital-at-risk Plan and the investor may lose some or all of their money if the Final Level of one or both Indices is below 60% of its Opening Level. In this case, the reduction in the money invested in the Plan at the Maturity Date will equal the same percentage that the Final Level of the lower performing Index is below its Opening Level.|
The FTSE S&P Enhanced Step Down Kick Out Plan April 2017 is a maximum 6 year 2 week investment offering a potential gross investment return of 6.75% per annum. The capital and investment return are linked to the performance of the FTSE 100 Index and the S&P 500 Index (each an Index, collectively the Indices).
If, on any Measurement Date before the Final Measurement Date, the Closing Levels of both Indices are at least equal to their respective Reference Levels, the Plan will mature early and make an investment return. The first Measurement Date will be two years after the Start Date.
The Reference Levels are as follows: year 2 at 100%; year 3 at 95%; year 4 at 85%; year 5 at 75% and year 6 (Final Level) at 65%.
If the Plan matures early on a Measurement Date, the investment return payable will be: 13.5% at year 2; 20.25% at year 3; 27% at year 4 and 33.75% at year 5.
If, on a Measurement Date, the Closing Levels of one or both Indices are below their respective Reference Levels, no investment return will be made and the Plan will remain in force.
If the Final Levels of both Indices are at least equal to 65% of their respective Opening Levels, the Plan will make an investment return at the Maturity Date equal to 40.5% of the money invested in the Plan. If the Final Level of one or both Indices is below 65% of its respective Opening Level, no investment return will be payable at the Maturity Date.
This is a capital-at-risk Plan and the investor may lose some or all of their money if the Final Level of one or both Indices is below 60% of its Opening Level. In this case, the reduction in the money invested in the Plan at the Maturity Date will equal the same percentage that the Final Level of the lower performing Index is below its Opening Level.
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 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 S&P Enhanced Step Down Kick Out Plan April 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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