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 12 and 13 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 15 April 2031.
| Cash ISA | Equity ISA | Direct | ISA Transfer | SIPP ** | |
|---|---|---|---|---|---|
| Availability | Yes | No | Yes | Yes | Yes |
| 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
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, where held outside of a tax wrapper.
Please note, tax rules and legislation are subject to change at any time.
Downside: N/A
Capital at Risk Barrier Type: Not Applicable (Structured Deposit)
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 10 of the product literature for full details of the FSCS status of this product.
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 4.00%.
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 + VAT
Early ISA Transfer: £100 + VAT
| Event | Outcome | |
|---|---|---|
| Goldman Sachs International default | = | Return of any capital subject to insolvency proceedings - may be eligible for compensation via the FSCS |
| If not | ||
| If on any quarterly observation date from year one onwards Goldman Sachs International call the deposit early | = | Return of invested capital plus an interest payment of 2% per quarter (8% per annum) the plan has been in force |
| If not | ||
| If at the end of the term the FTSE 100 Index closes above its Initial Index Level | = | Return of deposited capital plus an interest payment equal to 300% of any growth in the Index. |
| If not | ||
| If at the end of the term the FTSE 100 Index is at or below the Initial Index Level | = | Return of deposited capital only |
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.