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Key Dates |
| Download Brochure |
Closing Date: 25 May 2012 |
| Download Direct Investment & ISA Application |
ISA Transfer closing date: 11 May 2012 |
| Download ISA Transfer Application | Order literature by post |
| Download SIPP/SSAS Application |
Summary
The Plan is designed to repay your initial investment and deliver a return if the FTSE 100 increases over the Plan Term. There is also potential for the Plan to ‘Kick-Out’ depending on the performance of the FTSE 100. This means the Plan matures early, returning your initial deposit plus a specified return. There are two Plan options available: the Investec option and the UK 5 option. The UK 5 option is designed to reduce the risk of potential loss to your investment in the event that Investec fails or becomes insolvent. The risk to your investment will instead be dependent on the solvency of the named UK 5 (HSBC Bank plc, Nationwide Building Society, Santander UK plc, The Royal Bank of Scotland plc and Lloyds TSB Bank plc). For both options: • If at the end of years 1, 2, 3 or 4 the FTSE 100 is higher than its starting level the Plan will mature early (Kick-Out) with a fixed payment of 13% per annum (Investec option) or 11% per annum (UK 5 option), not compounded. • If the Plan does not mature early (Kick-Out) and runs for the full 5 years, the return is 120% of any FTSE 100 growth. Both options also aim to return your initial investment at maturity. However, if the FTSE 100 falls by more than 50% from the starting level at any point during the Plan and finishes lower than the starting level, your initial investment will be reduced by 1% for every 1% fall in the FTSE 100 at the end of the Plan. Considerations for Investing If the following statements apply then an investment in the plan may be appropriate: • You are prepared to risk losing some or all of your initial Plan investment • You are looking for an investment linked to the performance of stock markets • You do not need access to your money over the next 5 years • You want a tax-efficient investment using your ISA allowance or via a SIPP/SSAS • You have a minimum of £3,000 to invest If the following statements apply then an investment in the plan may not be appropriate: • You want a regular income and dividends • You may need immediate access to your money before maturity • You cannot commit to the full Investment Term • You want a known guaranteed rate of return • You want to add to your investment on a regular basis • You do not want to invest in a UK onshore asset that is subject to UK tax rules  |
