A maximum six year two week investment offering a potential gross investment return of 6.75% per annum, for each completed year that the Plan has been in force. The capital and investment return are linked to the performance of the FTSE 100 Index and the S&P 500 Index.

Key Dates

Closing Date: April 26th, 2017 ISA Transfers: April 10th, 2017
Start Date: April 28th, 2017 Maturity Date: May 15th, 2023
Important: The closing date for applications by cheque is April 18th, 2017 and by bank transfer is April 24th, 2017.
*Important Information: The return of your capital depends on the performance of the FTSE 100 Index and S&P 500 Index and the ability of the counterparties (Goldman Sachs International) to repay the monies.

Key Terms

Potential Gross Return: 6.75% per annum

Investment Type: Auto-Call/Kick-Out

Product Type: Capital at Risk

Investment Term: Maximum 6 years

Minimum Investment: £5,000

Underlying Asset: FTSE 100 Index and S&P 500 Index

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.

How to invest

Applications for the Plan must be submitted via Best Price Financial Services and received by 5pm on April 24th, 2017 for bank transfers.

The closing date for applications by cheque is April 18th, 2017

The closing date for applications by ISA transfers is April 8th, 2017.

This will enable us to process your application and forward it on to the structured product provider.

1Firstly, print off and complete our Appropriate Assessment Questionnaire. All applications require two proofs of identity - see the questionnaire for more information.

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
SA13 2PS

Fees for Non-Advised Investments

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.

*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.

How much does it cost to invest?

A minimum fee of £50 applies for ISAs, ISA transfers and Direct cash investments. All other investments carry a minimum fee of £100.
You'll never pay more than £300 for your investment.

Further Information

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.