Prima Growth Plan 16

Features
Target Market
Key Facts
Key Dates
Literature

10% per annum with 5 early maturity opportunities

This plan is closed to new applications.

Investment returns linked to the performance of the FTSE 100™
No Index growth required to achieve quoted returns
Early maturity will be triggered as long as the level of the Index is at or above its Opening Level at any anniversary date
The counterparty is Rabobank, which has a Standard & Poor's credit rating of 'AAA' at 17 June 2009
100% capital return provided the Index doesn't fall by more than 50% during the the term of the investment
Available until 28 July 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 up to 6 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

6 years and 14 days, with the potential for early maturity. Maturity will be triggered if the level of the Index is at or above its Opening Level on any Measurement Date.

Availability

As direct investments, stocks and shares ISAs, ISA transfers (including former PEPs), and for pension funds, trustees and companies. Not available for residents of the United States, the Netherlands, Belgium or Luxembourg.

Index

FTSE 100™

Investment Return

10% per annum (simple) for each year the Plan is in force, so the returns at each possible maturity date would be 10% (end of year 1), 20% (end of year 2), 30% (end of year 3); 40% (end of year 4); 50% (end of year 5) or, if the plan runs a full 6 year term, and the Index Level is at or above its Opening Level, 60%. In the event of the Index falling by over 50% but recovering back to the Opening Level at any anniversay date during the term, the full investment return is payable.

If the Index Level is below its Opening Level at any anniversay no investment return will be payable.

Capital Return

A full capital return will be payable if the Index does not fall by 50% but fails to be at or above the Opening Level on any anniversary.

Capital will be returned in full unless, at any time during the investment term, the close of business level of the Index is more than 50% below its Opening Level. If this happens capital will still be returned in full as long as the Final Level of the Index is at least equal to the Opening Level.

If the Index falls by over 50% and fails to recover back to the Opening Level capital will be reduced by 1% for each 1% the Final Level is below the Opening Level. Please see the brochure for a full explanation of the calculation, plus examples.

Counterparty Risk

The securities will be issued by Rabobank, a major financial institution with a rating of ‘AAA‘ 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

Under current tax legislation gains on assets held in an ISA will be free from any tax, while gains on direct investments will be subject to Capital Gains Tax. Details of ISA & PEP scheme merger & other changes are available on the HMRC website.

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 £10.

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

ISA transfers

Applications must be received by 21/07/2009

Start date

31/07/2009

Opening level