|Closing Date:||August 9th, 2017||ISA Transfers:||July 26th, 2017|
|Start Date:||August 11th, 2017||Maturity Date:||August 25th, 2023|
|Product Type||Capital at Risk|
|Investment Term||Maximum 6 years|
|Underlying Asset||FTSE 100 Index|
|Potential Gross Return||5.75% per annum|
|Capital Protection This is a capital-at-risk product. You will lose money if the Final Level of the Index is below 60% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your Net Subscription.|
The FTSE Super Defensive Kick Out Plan August 2017 is a maximum six year two week investment offering a potential gross investment return of 5.75% 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 kick out, i.e. mature early, and provide an investment return. If the Plan matures early on any Measurement Date, the gross investment return amount payable will be 5.75% 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.
Reference Levels: 100% at year 2, 95% at year 3, 90% at year 4, 85% at year 5, 65% at year 6
The first Measurement Date will be 2 years after the Start Date. If an early maturity is not triggered on a Measurement Date, the Plan will remain in force until at least the next Measurement Date. In the event an early maturity is triggered, the investment return payable will be: 11.5% at year 2; 17.25% at year 3; 23% at year 4; and 28.75% at year 5.
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 34.5% 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.
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 Super Defensive 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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