Counterparty name withheld
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 17 and 18 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 for advice.
The closing level of the Index on 11 April 2025.
The closing level of the Index on 11 April 2035.
| Cash ISA | Equity ISA | Direct | ISA Transfer | SIPP ** | |
|---|---|---|---|---|---|
| Availability | No | Yes | Yes | Yes | Yes |
| Minimum Contribution* | N/A | £10,000 | £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
The product literature states that under current legislation any gain produced by this investment at redemption, where held outside of a tax wrapper, will be subject to Capital Gains Tax rules applicable at that time.
Please note, tax rules and legislation are subject to change at any time.
Barrier Level: 50%
Downside: 1:1
Capital at Risk Barrier Type: End of Term only
If the investment fails to produce a gain, it still aims to return investors' capital in full at maturity, unless the Final Index Level is more than 50% below the Initial Index Level. If such a stock market fall occurs, investors' capital will be reduced in line with the percentage fall in the Index.
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: Approximately 4.76%.
If surrendered early, the value will be dependent on a number of factors and may be less than the original amount invested.
| Event | Outcome | |
|---|---|---|
| Citigroup Global Markets Ltd default | = | Return of any capital subject to insolvency proceedings - potential total loss |
| If not | ||
| If on any annual observation date from year three onwards the FTSE 100 EW45 closes at or above a reducing reference level | = | Return of invested capital plus a 9.55% gain for each year the plan has been in force |
| If not | ||
| If at the end of the term the FTSE CSDI is between 17.5% and 50% lower | = | Return of invested capital only |
| If not | ||
| As the FTSE CSDI is more than 50% lower | = | Invested capital is reduced in line with the fall in the Index on a 1% for 1% basis |
Given that there is no commission built into the terms of this plan there will be no cash-back available. Where no advice has been sought or given we charge a fee for acting as intermediary for all investments, which is 1.65% of the amount invested. Please note that minimum investment limits exclude any applicable fees.