Plan Summary

The 3 Year FTSE Trigger Account from Newcastle Building Society lets you benefit from any growth in the stock market, but provides the assurance of your capital guaranteed should the worst happen.

Here's How;

Growth: Your return is based on the FTSE 100 Index achieving defined levels of growth over a one or two year period, with the reassurance that if the FTSE 100 Index has not achieved these levels the account will continue into a third year and will return 80% any growth in the Index.

Security: Your capital is guaranteed - whatever happens to the stock market, your initial investment is protected. In addition, you are investing with Newcastle Building Society - a long established and trusted building society.

Flexibility: Operate the account as a Direct Investment Account, or maximise your tax free allowance and open the account as a Cash ISA. The Account is also suitable for existing ISA subscription transfers as well as SIPP and SSAS investments.

Availability

Minimum Investment: £500

Maximum Investment: £1,000,000

Interest Rates (AERs): Prior to the Start Tracking Date any investment will earn Early Bird interest at 5.00% Gross pa/AER² until the Start Tracking Date (21 November 2008).

From this date interest will be calculated as follows; If the FTSE 100 Index has grown by 9% or more on 23 November 20095, the account will mature and a return of 9% Gross pa/AER2 will be paid.

If this growth is not achieved, the account will continue and if on 22 November 20105 the FTSE 100 Index has achieved a growth of 18% or more, the account will mature and a return of 18% Gross pa/8.62% AER² will be paid.

Otherwise, your account will run for the full three years and you will receive a return based on 80% of any growth in the FTSE 100 Index over the 3 year term³, subject to averaging in the final six months. This interest will be paid on maturity (21 November 2011).