|
|
|
RISK FACTORS |
 |
|
The Plan may be suitable for you if:
You do not need access to
your money over the next 3 years
You want a tax-efficient investment using your ISA or SIPP/SSAS
allowance
You have a minimum of £1,500 to invest
You want a guaranteed return of your initial deposit at
the Plan Maturity Date |
|
The Plan may not be suitable if:
You are not looking for an investment
linked to the performance of stock markets
You want a regular income
You do not have enough spare money for emergencies
You may need immediate access to your money
You want a known guaranteed rate of return
You want to add to your investment on a regular basis
You do not have £1,500 to invest
|
Important information to consider
Your
circumstances could change and this might force you to sell your
Investments early. If this happens you may get back less than the
amount you originally invested. The value of the Plan will be
determined by the price at which the Investments can actually be
sold on the relevant Dealing Date.
The levels and bases of taxation and reliefs from taxation can
change at any time. The value and availability of any tax
reliefs depends on individual circumstances. The favourable
tax treatment of ISAs, SIPPs and SSAS may not be maintained in the
future and is subject to changes in legislation.
Before you make a transfer of existing investments into this Plan
you should consider any charges or costs for the transfer and the
potential for loss of income or growth whilst the transfer is in
process, and whether the risk to your initial deposit in this Plan
is suitable for you.
When Investec Bank (UK) Limited receives your investment, it will
be deposited into a Client Money account at HSBC Bank plc (HSBC).
However, there is a risk that HSBC may fail to meet its obligations.
In the event of HSBCs insolvency your money will not be protected
and you must rely on your right of recourse to the Financial
Services Compensation Scheme. You may lose all or part of your
initial deposit investment.
At the Investment Date your money will be pooled and transferred
to an account at Investec Bank (UK) Limited. There is a risk
that Investec Bank (UK) Limited may fail to meet its obligations
between this transfer and the maturity of the deposit. In the event
of Investec Bank (UK) Limiteds insolvency your deposit will not be
guaranteed and you must rely on your right of recourse to the
Financial Services Compensation Scheme. You may lose all or
part of your initial deposit. Investec Bank (UK) Limiteds capacity
to meet its financial commitments is considered stable by a leading
credit rating agency, FitchRatings.
The FTSE 100 Index is a capital-only index and it takes no account
of dividend returns you would receive had you held the referenced
shares directly. As a result you will not receive any dividend
payments or distributions.
Past performance of the FTSE 100 Index should not be seen as an
indication of future performance.
The growth and return on your initial deposit return received
under each Plan is dependent on the Final Index Level which is the
average of the closing levels of the Index on each Business Day:
from, and including, 25 October 2011 to, and including, 25 January
2012.
The use of this averaging process to calculate the Final Index
Level can reduce the negative effects of any falls in the market
shortly before maturity, but, equally, it can reduce the benefits of
any market rises shortly before maturity.
You should think carefully about the benefits and risks of this
Plan and whether it suits your personal circumstances and attitude
to risk. We also recommend that you take professional advice
before investing.
Please refer to the Brochure and the Terms & Conditions for full
details. |
|
|
|
