Long Kick Out Plan June 2019 : Option 2
A maximum ten year structured investment product, that offers the potential for early maturity from the end of year 3 with a fixed return of 7.4% per annum, if the FTSE 100 FDEW is at or above 100% of the start level on one of the kick-out anniversary dates from year 3 to year 9, or at or above 65% of the start level on the end date.
The closing date for ISA transfer applications is 3 June 2019.
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?
Please note: This plan is available on an advised basis only. If you are interested in this plan, please telephone us on 01639 860111 to arrange a free consultation
1 Call for a free initial telephone consultation. If you wish to progress the process of the product purchase, the regulatory process of ‘advice’ must commence.
2 The completion of a financial review – which will confirm details of your income/capital and investment needs and experience
3 The completion of a risk profiler - which will help to measure your attitude to risk.
This process will enable ‘advice’ to be provided in relation to the suitability of the product to meet with your needs. The fee for this service and process is 1.5% (subject to a minimum fee of £300) for focused advice – which is focused and narrowed to the suitability of the structured product you want to purchase.
The Tempo Long Kick Out Plan June 2019 : Option 2 is a 10 year structured product plan with the potential to mature early from the end of the third year.
The Plan has the opportunity to kick-out on the first kick-out anniversary date on which the closing level of the FTSE 100 FDEW is at or above a reducing percentage (reducing from 100% at year 3 to 65% at year 10) of the start level on one of the kick-out anniversary dates, or on the end date. the plan will generate a return of 7.4% for each year that the plan has run. The plan will automatically mature at this point and pay both the accumulated return and the money invested (less any agreed adviser fees and withdrawals). As an example, if the plan kicks-out at the end of year 4 with a return of 7.4% a year, you will receive a return of 29.6% (4 times the annual return) plus the repayment of your investment.
If the FTSE 100 FDEW does not close at or above the reducing level needed on any of the kick-out anniversary dates, the plan will continue until the end of the investment term.
If the plan does not kick-out, and on the end date the FTSE 100 FDEW closes at or above 65% of the start level, you will receive a return of 74% (10 times the annual return) plus the repayment of your investment.
The plan has a defined level of protection from stock market risk. This means the FTSE 100 FDEW can fall by up to 40% from the start level without causing any of your original investment to be lost on the end date.
If the FTSE 100 FDEW closes below 60% of the start level on the end date, the repayment of your investment will be reduced on a 1% for 1% basis in line with the performance of the FTSE 100 FDEW and you will get back less than you invested.
For example, if the FTSE 100 FDEW is at 50% of the start level on the end date, you will get back 50% of your investment.
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: