Mariana Triple Index Step Down Kick-Out Plan - April 2021
Triple Index Step Down Kick Out Plan – April 2021. This is an eight-year Plan based on the performance of the FTSE™ 100 Index, S&P 500® Index and Euro Stoxx 50® Index, the Underlying Assets, offering a potential 7% return on investment for each year the plan runs, paid gross.
The closing date for ISA transfer applications is 25 March 2021.
Product Literature & Forms
You should always read the relevant plan brochure and any other plan documentation, for full details of the plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions there are other important documents, including a Key Information Document ('KID'), that you should consider, before deciding to invest in the plan.
If you do not fully understand the risks or are unsure as to the suitability of the investment, please contact us
How to Invest?
Please note: This plan is available on an advised basis only. If you are interested in this plan, please telephone us on 01639 860111 to arrange a free consultation
1 Call for a free initial telephone consultation. If you wish to progress the process of the product purchase, the regulatory process of ‘advice’ must commence.
2 The completion of a financial review – which will confirm details of your income/capital and investment needs and experience
3 The completion of a risk profiler - which will help to measure your attitude to risk.
This process will enable ‘advice’ to be provided in relation to the suitability of the product to meet with your needs. The fee for this service and process is 1.5% (subject to a minimum fee of £300) for focused advice – which is focused and narrowed to the suitability of the structured product you want to purchase.
This is a seven year, two week Plan based on the performance of the FTSE™ 100 Index, S&P 500® Index and Euro Stoxx 50® Index, the Underlying Assets. The Plan is constructed to offer a Potential Return of 7% for each year the Plan runs
with the possibility of early maturity and the full repayment of Initial Capital after the first year and annually thereafter. The Potential Return is only payable if the Plan kicks out.
Should the Closing Price of all the Underlying Assets on an
Observation Date be at or above the Kick Out Trigger Level, the Plan will mature early, repaying your Initial Capital plus the Potential Return multiplied by the number of years the Plan has run.
The Kick Out observations begin after the first year and continue on an annual basis until the Plan’s Maturity Date (from 25 April 2022 to 24 April 2028)
If the Plan has not already kicked out, Initial Capital will be repaid in full at the end of the Plan’s term if on the Maturity Date (24 April 2028) the Closing Price of the worst performing Underlying Asset is not more than 35% below the Start Level.
If on the Maturity Date the Closing Price of the worst performing Underlying Asset is less than 65% of the Start Level (representing a decline of more than 35% from the Start Level), your Initial Capital will be lost at a rate of 1% for every 1% the Closing Price of the worst performing Underlying Asset is below the Start Level.
All investments carry risk. It is identifying those risks, understanding how they may affect an investment and assessing whether an investment is suitable for your circumstances that is important.
The potential returns of most structured products and repaying the money invested are usually linked to the level of a stock market index and also depend on the financial stability of the issuer and counterparty bank. You should only consider investing if you understand and accept the risk of losing some or all of any money invested.
You should always read the relevant plan brochure and any other plan documentation, for full details of a plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions there are other important documents, including a Key Information Document (‘KID’), that you should consider, before deciding to invest in a plan.
Structured products should only be considered as part of a diversified and balanced portfolio.
Below is a summary of some of the main risks usually associated with an investment in structured products plans: