Walker Crips UK 90% Annual Kick-out Plan (MS188)
The Walker Crips UK 90% Annual Kick-out Plan (MS188) is a maximum 6-year investment offering a Potential gross investment return of 6.75% for each year that has elapsed since the Investment Start Date, and a potential kick-out from year 3, depending on the performance of the FTSE 100 Index. If, on an Anniversary Date, the Index closes at or above 90% of the Initial Index Level the Plan will end and the Initial Investment will be repaid, plus an accumulated return of 6.75% for each year that has elapsed since the Investment Start Date.
- Potential return: 6.75 % per annum, dependent on the performance of the Index
- Product type: Capital at Risk
- Investment type: Growth/Kick-Out
- Market / index link: FTSE 100 Index
- Counterparty: Morgan Stanley
- Investment term: 6 years
- Kick-out / Early maturity: Yes
- Barrier type: End of Term
- Barrier level: 60%