Income Series: Conditional Quarterly Autocall Issue 12
The Plan aims to provide fixed income on any Quarterly Anniversary Date, if the level of the FTSE 100 Index and the EURO STOXX 50 Index are at least equal to 80% of their Opening Levels, you will receive an income payment of 2.15%.
Product Literature & Forms
You should always read the relevant plan brochure and any other plan documentation, for full details of the plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions there are other important documents, including a Key Information Document ('KID'), that you should consider, before deciding to invest in the plan.
If you do not fully understand the risks or are unsure as to the suitability of the investment, please contact us
How to Invest?
Applications for the Plan must be submitted via Best Price Financial Services and received by 5pm on 4 December 2018 for bank transfer applications.
The closing date for applications by cheque is 23 November 2018
The closing date for ISA transfer applications is 14 November 2018.
This will enable us to process your application and forward it on to the structured product provider.
1 Firstly, print off and complete our Appropriate Assessment Questionnaire. All applications require two proofs of identity - see the questionnaire for more information.
2 Next download, print and complete the application form available. Note that product applications will have multiple documents, so please choose the one relevant to you.
3 Place 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
The Income Series: Conditional Quarterly Autocall Issue 12 is a maximum ten year investment offering a potential gross investment return of 2.15% per quarter. The capital and investment return are linked to the performance of the FTSE 100 Index and the EURO STOXX 50 Index.
You will receive an income payment of 2.15% for each Quarterly Measurement Date that the Closing Levels of both Underlying Assets are at least equal to 80% of their Opening Levels. The income is paid gross.
If the Closing Level of one or both Underlying Assets is below 80% of its Opening Level on a Quarterly Measurement Date, no income will be paid for that quarter. Once the Plan has matured, no further income will be paid.
The Plan will mature early if the Closing Levels of both Underlying Assets are at least equal to 105% of their Opening Levels on any Quarterly Measurement Date from 10th December 2019. If this happens, you will receive the income payment for that quarter, and the repayment of your original investment in full at this point.
If the Final Level of either of the Underlying Assets is more than 40% below its Opening Level, you will receive back significantly less than your investment. The amount of your investment you receive back will be reduced by the same percentage amount that the worst performing Underlying Asset has fallen in value from the Start Date.
All investments carry risk. It is identifying those risks, understanding how they may affect an investment and assessing whether an investment is suitable for your circumstances that is important.
The potential returns of most structured products and repaying the money invested are usually linked to the level of a stock market index and also depend on the financial stability of the issuer and counterparty bank. You should only consider investing if you understand and accept the risk of losing some or all of any money invested.
You should always read the relevant plan brochure and any other plan documentation, for full details of a plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions there are other important documents, including a Key Information Document (‘KID’), that you should consider, before deciding to invest in a plan.
Structured products should only be considered as part of a diversified and balanced portfolio.
Below is a summary of some of the main risks usually associated with an investment in structured products plans: