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Causeway Securities launch new tranche of plans for June 2023

  • Wednesday, May 17, 2023

Causeway Securities launch new tranche of plans for June 2023

We are writing to let you know that Causeway Securities have launched a new tranche of plans for June 2023:

S&P 500 3 Year Defensive Deposit Plan – June 2023                        

The Plan, with Barclays as Deposit Taker, offers a Potential Return of 18% paid at maturity (6% p.a.) if the S&P 500 is equal to or above 90% of the Opening level on the Final Valuation Date.  The Plan will return full capital. The Plan is covered by the Financial Services Compensation Scheme.Key Dates: 
ISA transfer deadline: 2nd June 2023
Application form and monies deadline (including Direct Investment & ISA Subscriptions 2022/23): 16th June 2023 
Start Date: 23rd June 2023

FTSE 100 Fixed Monthly Income Deposit Plan – June 2023 

The Plan, with Royal Bank of Canada as Deposit Taker, offers a Potential Return – Fixed Interest Rate of 4.20% p.a. (0.35% paid monthly).
Potential additional return of 0.50% at maturity if FTSE 100 equal to or above 100% of the Opening level on the Final Valuation Date.
The Plan is covered by the Financial Services Compensation Scheme.
This plan is only available on an ‘Advised’ basis.

Key Dates:
ISA transfer deadline: 2nd June 2023
Application form and monies deadline (including Direct Investment & ISA Subscriptions 2022/23): 16th June 2023
Start Date: 23rd June 2023

S&P 500 S&P 500 3 Year Issuer Callable Plan – June 2023 

The Plan, with Société Générale as Issuer offers a Potential Return: If the Issuer calls the Plan early, 9.60% for each year the Plan runs.
Otherwise, if the Issuer does not call the Plan early, at Maturity, the investor receives a participation rate of 2 times the amount by which the Underlying Asset closes above 100% its Opening Level on the Final Observation Date.

Key Dates:
ISA transfer deadline: 2nd June 2023
Application form and monies deadline (including Direct Investment & ISA Subscriptions 2022/23): 16th June 2023
Start Date: 23rd June 2023

A brief summary of each plan is detailed below.

Causeway Securities S&P 500 3 Year Defensive Deposit Plan – June 2023

Potential Investment Return: The Potential Investment Return is 100% of Initial Capital plus a fixed gross interest payment of 18.0% of the money you invest at Maturity, if the Underlying Asset is equal to or above 90% of the Opening Level. If the Final Level is below 90% of its Opening Level, no growth payment will be payable at the Maturity Date.

Capital Protection Barrier: Your Initial Capital will be returned in full at Maturity, regardless of the performance of the Underlying Asset. *Subject to Deposit Taker solvency

Deposit Taker: The Deposit Taker is Barclays Bank Plc
Click here for more details on the Causeway Securities S&P 500 3 Year Defensive Deposit Plan – June 2023

Causeway Securities FTSE 100 Fixed Monthly Income Deposit Plan – June 2023

The Causeway Securities FTSE 100 Fixed Monthly Income Deposit Plan – June 2023 is a maximum 5-year investment offering a Potential Investment Return of Fixed income of 0.35% paid monthly (4.20% per annum) over the 5-year term irrespective of the performance of the FTSE 100 Index. The first income payment made to the Plan Administrator will be 7 August 2023 and monthly thereafter.

At Maturity, a Contingent Return of 0.50% is paid if the Underlying Asset, on the Final Valuation Date, is equal to or above 100% of its Opening Level. If the Final Level of the Index is below 100% of its Opening Level, no Contingent Return will be payable at the Maturity Date.

Capital Protection: Your Initial Capital will be returned in full at Maturity, regardless of the performance of the Underlying Asset. *Subject to Deposit Taker solvency.

This plan is only available on an ‘Advised’ basis.
Click here for more details on the Causeway Securities FTSE 100 Fixed Monthly Income Deposit Plan – June 2023

Causeway Securities S&P 500 3 Year Issuer Callable Plan – June 2023

The Causeway Securities S&P 500 3 Year Issuer Callable Plan – June 2023 is a maximum 3-year investment offering a Potential Investment Return of 9.60% for each year the Plan runs, only payable if the Issuer calls the Plan early.

At Maturity, if the Issuer does not call the Plan early the investor receives a participation rate of 2 times the amount by which the Underlying Asset closes above 100% its Opening Level on the Final Observation Date.

If the Closing Level of the Underlying Asset is below its Opening Level, no Potential Investment Return will be payable at the Maturity Date.

Capital Protection Barrier: 65% of the Opening Level (observed on the Final Observation Date of the Plan only). If on the Final Observation Date the Closing Level of the Underlying Asset is less than 65% of its Opening Level (representing a decline of more than 35% from the Opening Level), your Initial Capital will be lost at a rate of 1% for every 1% that the Final Level of the Underlying Asset is below its Opening Level.

Counterparty Risk: The Counterparty of the Securities is Société Générale. If Société Générale were to fail or become insolvent, you could lose some or all of your investment and any return that may be due, irrespective of the performance of the Underlying Asset.
Click here for more details on the Causeway Securities S&P 500 3 Year Issuer Callable Plan – June 2023
Don’t Forget the Risks

As with all forms of investment there are risks involved. These plans do not guarantee to repay the money invested. The potential returns of the plans and repaying the money invested are linked to the level of the stock market and also depend on the financial stability of the Issuer and Counterparty Bank.

Past performance is not a guide to future performance and may not be repeated.  Investment involves risk. The performance data does not take account of the commissions and costs incurred on the issue and redemption of shares. The value of investments and the income from them may go down as well as up and investors may not get back any of the amount originally invested. Because of this, an investor is not certain to make a profit on an investment and may lose money. Exchange rate changes may cause the value of overseas investments to rise or fall.

The promotion of the plans does not constitute ‘advice’ to invest. Advice is always specific to an individual investor’s circumstances and needs, following the process of ‘know your customer’, with the aim of ensuring that any product is suitable for an investor.

As always, the recommendation and common sense approach is to consider product solutions as a portfolio, never over-exposing oneself to a point of financial pain and suffering liquidity or counterparty over exposure.

At the Best Price FS price point the Causeway Securities Plans are certainly worthy of consideration for inclusion within investment portfolios.

Warmest Regards.

Best Price FS Team
Advice: Simply click here to get in touch to receive regulated advice in relation to the ‘suitability’ of the plans to meet your investment needs.