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Application forms must be posted to Moneyworld or you will not get the discount. |
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Key facts:
Investment period Five years Offer period up to and including 02 June 2008 Offer period for ISA and/or PEP transfers up to and including 19 May 2008 Plan features: 100% capital protection if held until maturity and a return which follows a dynamic strategy on emerging markets. Index: Strategy based on the iShares MSCI Emerging Market Index Fund Initial Index Level: The closing level of the strategy on 16 June 2008 Final Index Level: The average of the closing level of the values of the strategy calculated on a monthly basis (16th of each month or the next business day if the 16th does not fall on one) over the final twelve months to 17 June 2013 Strategy overview: The strategy looks at the Index Fund’s 20-day realised volatility against a target rate of 17% and adjusts the exposure to the Index Fund (i.e. the participation rate) Availability: Direct investments. Maxi ISAs. ISA and/or PEP transfers. Corporates, trusts and charities (assuming they are set up as a company or a trust). SIPP and SSAS investments. Joint applications (for direct investments only) Investment limits: You can invest in a number of ways: Direct investment only: £3,600 up to £500,000 ISA: £3,600 up to £7,200 ISA and/or PEP transfers: £3,600 up to £500,000 (Investments in excess of £500,000 may be accepted at the discretion of Woolwich Plan Managers) Early withdrawal: If an Early Withdrawal is made the amount of cash received will be determined by the actual price of the Investments realised. Clients may receive less than they originally invested. Counterparty risk: The issuer of the assets supporting the Plan is Barclays Bank PLC which is currently rated ‘AA’ by Standard and Poors’ Tax: The gain on assets held in an ISA will be free of tax. In the case of direct investments, any gain or loss would be considered a gain/loss under CGT rules. The investor will be able to use their CGT exemption to reduce any CGT tax that may be payable
Charges: No explicit additional initial or annual
charges. Charges have been included
within the terms of the investment .
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