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Investec
FTSE 100 Geared Returns Plan 5 |
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The FTSE 100 Geared Returns Plan is designed for the
investor who is looking for a 5 year investment with potential
for geared UK stock market linked growth and is willing to
accept a risk to their initial investment.
The objective of the Plan is to increase your
initial investment by up to 85% at the Plan Maturity Date. The
risk is a loss of the initial investment on a one-for-one basis
if the FTSE 100 falls below 50% of its initial level at any
point during the Investment Term and the Final Index Level is
less than the Initial Index Level at the Plan Maturity Date. If
the FTSE 100 does not fall below 50% of its initial level, your
initial investment is protected at maturity (please see maturity
proceeds table on page 5 of the brochure).
This performance is measured by reference to an Initial Index
Level and a Final Index Level and this is explained below and in
the Terms and Conditions.
10 times any increase in the FTSE 100 Index Level subject to
a maximum return
of 85% of your initial investment: if at the end of the
Investment Term, the Final Index Level is the same or
higher than the Initial Index Level, the Plan will pay an amount
equal to your initial investment plus 10 times any percentage
growth, subject to a maximum return of 85% of your initial
investment (please see maturity proceeds table on page 5 of the
brochure). Your initial investment is at risk on a one-for-one
basis for any percentage fall in the Final Index Level compared
with the Initial Index Level if the FTSE 100 Index falls below
50% of the Initial Index Level at any point during the
Investment Term. If the FTSE 100 does not fall below 50% of the
Initial Index Level your initial investment is protected at
maturity (please see maturity proceeds table on page 5 of the
brochure).
Full repayment of your initial investment is
not guaranteed: The initial investment is at risk on a
one-to-one basis if the FTSE 100 falls below 50% of its initial
level at any point during the Investment Term. If the FTSE 100
does not fall below 50% of its initial level, the investor’s
initial investment is protected at maturity.
What are the ways in which you can invest?
There are several ways to invest in the Plan and
you can choose any or all of these:
• Direct investment
You can invest between £1,500 and £1,000,000 direct into the
Plan. Returns may be subject to Capital Gains Tax.
• Using your ISA allowance
You can invest using your stocks and shares ISA allowance (up to
£7,200, subject to the minimum of £1,500), if you have not
already used all, or part of it, in this tax year. In each tax
year you may only subscribe to one stocks and shares ISA. ISAs
are only available to individuals who are resident and
ordinarily resident in the UK, restrictions may apply.
• Transferring an existing ISA investment into the Plan
The minimum you can transfer from an existing cash or stocks and
shares ISA is £1,500, up to a maximum of £1,000,000. You can
also transfer as many existing investments as you wish but there
may be exit or associated charges from your existing ISA
manager.
• Other ways to invest
You can also invest in a Self Invested Personal Pension (SIPP)
and Small Self Administered Scheme (SSAS) pension arrangements.
Tax rules and your benefit from them may change at anytime. You
should seek independent tax advice from your financial advisor
or tax advisor.
