International Income Plan

Features
Target Market
Key Facts
Key Dates
Literature

Income payable at the rate of 7.25% per annum for 5 years

This plan is closed to new applications.

Annual investment returns are not linked to the performance of the underlying indices.
No Index growth required to achieve quoted returns
The counterparty has a Standard & Poor's credit rating of 'A-' as at 10 July 2009
100% capital return provided neither Index is 50% below its opening level on 13th August 2014
Available until 11 August 2009

Target Market

This investment could be suitable as part of an investment portfolio for investors who

understand and are used to equity investment, and
are able to invest for a period of 5 years, and
are prepared to accept a degree of risk to their capital in return for a higher potential growth than would be available via a deposit based investment

Key Facts

Investment Term

5 years and 17 days.

Availability

As a direct investment for individuals, trustees and companies or via a life insurance wrapper bond, subject to the approval of the relevant insurer.

Index

FTSE 100™ and S&P500™

Investment Return

7.25% per annum (simple) for each year the Plan is in force. The plan runs a full 5 year term.

Capital Return

A full capital return will be payable if neither Index is below 50% of their opening level on 13th August 2014.

In the event that one or both Indices are below 50% of their Opening Levels on 13th August 2014, then there will be a capital loss at the rate of 1% for each 1% the lower performing Index finishes below its Opening Level.

Counterparty Risk

The securities will be issued by a major financial institution with a rating of ‘A-‘ by Standard and Poor’s. If the financial institution were to fail to meet the repayments due to you, you could lose some or all of your investment. Counterparty risk is common to all similar investments

Tax

All income payments will be paid gross and may be liable to tax in your country of residence. Please declare your income to the appropriate tax authorities.

Interest

Interest will be credited on subscriptions received and held in our client account up to the investment date, subject to a de minimis limit of $20.

Charges

There are no initial or ongoing charges. Charges are included in the pricing of the investment.

Early encashments and transfers during the investment term will be subject to an administration charge.

Commission

Securities

Securities will be structured to provide the returns shown in the plan brochure, and purchased for each investor. These may be notes, warrants, shares or deposits depending on the nature of the investment.

Key Dates

Offer period

Closed

Start date

14/08/2009

Opening level