|Closing Date:||April 25th, 2018||ISA Transfers:||April 11th, 2018|
|Start Date:||April 27th, 2018||Maturity Date:||May 14th, 2024|
Potential Return: 6.5% 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
Capital Protection: This is a capital-at-risk product and the investor will lose some or all of the money if the Final Level of the Index 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 Index is below its Opening Level.
The closing date for applications by cheque is April 16th, 2018
The closing date for applications by ISA transfers is April 9th, 2018.
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.
The FTSE Step Down Kick-Out Plan March 2018 (Natixis) is a maximum six year two week investment offering a potential gross investment return of 6.5% per annum. The capital and investment return are linked to the performance of the FTSE 100 Index.
If on any Measurement Date, before the Final Measurement Date, the closing level of the Index is at least equal to its Reference level, the Plan will mature early and make a gross investment return. If the Plan matures early on any Measurement Date, the gross investment return amount payable will be 6.5% of the money invested for each year that the Plan has been in force.
If, on a Measurement Date, before the Final Measurement Date, the closing level of the Index is below its Reference Level, no investment return will be made and the Plan will remain in force.
The Reference Levels are as follows: year 2 at 100%; year 3 at 95%; year 4 at 90%; year 5 at 85% and year 6 (Final Level) at 80%.
If the Plan has not matured early and the Final Level of the Index is at least equal to its Reference Level, it will provide a gross investment return at the Maturity Date equal to 39% of the money invested. If the Final Level of the Index is below its Reference Level, no investment return will be payable at the Maturity Date.
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.