FTSE 100 Defensive Income Plan April 2018
A maximum 10 year structured income plan that could potentially return a a 0.4292% monthly income payment. This will only occur if the underlying index, in this case the FTSE 100, closes at or above 60% of its starting level on the monthly income observation dates.
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 24 April 2018 for bank transfer applications.
The closing date for applications by cheque is 18 April 2018
The closing date for ISA transfer applications is 14 April 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 FTSE 100 Defensive Income Plan April 2018 is a maximum 10 year structured income plan that could potentially return a 0.4292% monthly income payment. This will only occur if the FTSE 100, closes at or above 60% of its starting level on the quarterly observation dates.
This investment has a maximum term of 10 years. Investors must be willing and able to have their capital invested for this period of time. They should not invest if they are unable to do this. Further, investors and regulated financial advisers must have a strong, positive view on the long-term health of Goldman Sachs International.
By accepting the associated risks of this investment, investors are given the opportunity to receive a monthly income of 0.4292%. This will only be received if the FTSE 100 closes at or above 60% of its starting level on the income observation dates. As such, this income is not guaranteed and therefore investors will not expect the FTSE 100 to fall below this level on any income observation date.
Before investing you must be happy that this investment could end early. This is due to the kick out feature of this investment. Kick out is possible from the end of year 2 and every quarter thereafter. This will occur if the FTSE 100 closes at or above 105% of its starting level on the kick out observation dates. You should understand the reinvestment risk this feature may pose to you were this to occur.
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: