IDAD Barclays Inflation-Linked Deposit Plan - April 2023

Overview:

Potential for a gross interest payment at maturity equal to any rise in the UK RPI All Items Index between January 2023 and January 2027, with a potential additional 2% interest payment if the FTSE 100 Index closes at or above its Initial Index Level.

Product Type:

Deposit Based

Investment Type:

Growth

Product Index Link:

UK RPI All Items Index (RPI) and FTSE 100 Index

Potential FSCS Protection:

Yes

Capital at Risk Barrier Type:

Not Applicable (Structured Deposit)

Maximum Term:

4 years 2 weeks

Barrier Level:

N/A

Downside:

N/A

Important Dates:

Closing Date	ISA Transfers	Strike Date	Maturity Date
07/04/2023	24/03/2023	14/04/2023	28/04/2027

Closing Date
07/04/2023

ISA Transfers
24/03/2023

Strike Date
14/04/2023

Maturity Date
28/04/2027

Deposit Taker:

Barclays Bank Plc

The credit ratings provided below can be a useful way to compare the credit risk associated with different Counterparties or Deposit Takers. Credit ratings are assigned by independent companies known as ratings agencies.

A+

S&P Rating: A+

S&P Rating*

D R CC - CCC + - B + - BB + - BBB + - A + - AA + AAA

A+

Fitch Rating: A+

Fitch Rating*

D RD C CC CCC - B + - BB + - BBB + - A + - AA + AAA

Moodys Rating: A1

Moody's Rating*

C Ca Caa B Ba Baa A Aa Aaa

3 2 1 3 2 1 3 2 1 3 2 1 3 2 1 3 2 1

Description

This four-year and two-week product offers investors the potential for a gross interest payment at maturity equivalent to any percentage rise in the UK RPI All Items Index between its January 2023 reference level and its January 2027 reference level. Also, an additional 2% interest payment will be received if the FTSE 100 Index closes at or above its Initial Index Level.

If at the end of the term, the January 2027 reference level for the UK RPI All Items Index is equal to or below its January 2023 reference level, no interest payment will be paid. Similarly, if the Final Index Level of the FTSE 100 Index is below its Initial Index Level, no additional payment will be received. However, investors' original capital will still be returned in full, regardless of the performance of the two Indices throughout the investment term.

Please note an additional 0.25% charge will apply to this product if you require paper-based correspondance, rather than online communications from IDAD. Lowes will not charge an ongoing fee or receive any annual commission in respect of this investment. Our fee for acting as intermediary for this investment, processed by CompareStructuredProducts.com and where no advice has been sought or given is 1.65% of the amount invested. For investments over £100,000 please contact us for preferential fees.

Contract Details

Initial Index Level:

The January 2023 reference level of the UK RPI All Items Index for the interest payment and the closing level of the FTSE 100 Index on 14 April 2023 for the additional payment.

Final Index Level:

The January 2027 reference level of the UK RPI All Items Index for the interest payment and the closing level of the FTSE 100 Index on 14 April 2027 for the additional payment.

	Cash ISA	Equity ISA	Direct	ISA Transfer	SIPP **
Availability
Minimum Contribution*	£10,000	N/A	£10,000	£10,000	£10,000

*Note that minimum contributions exclude any applicable adviser charges

**The investment may also be available through third party SIPP Providers

Tax Treatment if held outside Tax Shelter:

The product literature states that under current legislation any interest payment will be paid gross and subject to UK income tax at the investor’s highest marginal rate.

Please note, tax rules and legislation are subject to change at any time.

Capital At Risk Barrier (Subject To Counterparty Solvency)

Barrier Level: N/A.

Downside: N/A

Capital at Risk Barrier Type: Not Applicable (Structured Deposit)

Financial Services Compensation Scheme

The plan's literature states that, in the event that the underlying deposit taker defaults during the term of the contract, investments into the plan may be eligible for compensation as provided by the Financial Services Compensation Scheme (FSCS). The availability of such compensation is, however, dependent upon the investor's eligibility as defined under the terms of the FSCS, and certain investment limits will apply.

Please refer to page 8 of the product literature for full details of the FSCS status of this product.

Charges

Unless stated otherwise charges do not affect the amount being invested as they have been taken into account in the terms of the investment. So, for every £100 invested, the return, provided the investment is held until maturity, should be £100, plus or minus the gain or loss in accordance with the defined terms. Separate fees may be payable to your adviser, platform or stockbroker for arranging this investment.

The initial charge incorporated in the terms of the investment: A maximum of 1% of the net investment.

If surrendered early, the value will be dependent on a number of factors and may be less than the original amount invested. In the event of early surrender the provider may levy an administration fee which will be deducted from the surrender proceeds as follows:

Early Surrender: £100

Early ISA Transfer: £100

Summary Table

Event		Outcome
Barclays Bank plc default	=	Return of any capital subject to insolvency proceedings - may be eligible for compensation via the FSCS
If not
If at the end of the term the UK RPI All Items Index January 2027 reference level is above its January 2023 reference level, and the FTSE 100 Index closes at or above its Initial Index Level	=	Return of net invested capital plus an interest payment equal to the percentage rise in the Index between the two January reference levels, plus an additional 2% interest payment
If not
If at the end of the term the UK RPI All Items Index January 2027 reference level is above its January 2023 reference level, but the FTSE 100 Index closes below its Initial Index Level	=	Return of net invested capital plus an interest payment equal to the percentage rise in the Index between the two January reference levels
If not
If at the end of the term the UK RPI All Items Index January 2027 reference level is equal to or below its January 2023 reference level, but the FTSE 100 Index closes at or above its Initial Index Level	=	Return of net invested capital plus a 2% interest payment
If not
If at the end of the term the UK RPI All Items Index January 2027 reference level is equal to or below its January 2023 reference level, and the FTSE 100 Index closes below its Initial Index Level	=	Return of net invested capital only

Risks

All investment involves risk and you could lose some or all of the money you invest.

It is imperative that you read the plan brochure and terms and conditions and understand all of the risks involved, which are outlined on page 8 and 9 of the brochure, prior to proceeding. If you do not fully understand the risks, the commitment or you are unsure as to the suitability of the investment for you, you should not proceed but instead contact us via E-mail or Callback Request for advice.

Information

Questions?