Prima Platinum Plan 5

Features
Target Market
Key Facts
Key Dates
Literature

11.75% per annum with 5 early maturity opportunities

This plan is closed to new applications.

Investment returns linked to the performance of the FTSE 100 Index and S&P 500 Index ('the Indices')
Early maturity will be triggered on any anniversary date providing the Indices are at or above their respective Opening Levels. In this case capital will be returned in full plus a growth payment of 11.75% (not compounded) for each year the Plan has been in force
Capital is at risk if either Index closes more than 50% below its Opening Level during the investment term; if not, 100% of the capital will be returned at maturity
The capital and investment returns of the Plan are dependent on the counterparty being able to make the payments due from the Plan
The counterparty is Rabobank, which has a Standard & Poor's long term credit rating of 'AAA' as at 11th May 2010
Available until 30th June 2010

Target Market

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

understand and are used to equity based investments, 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 on any anniversary date if the Indices are at or above their respective Opening Levels.

Availability

As direct investments, and for pension funds, trustees and companies. Not available for residents of the United States, the Netherlands, Belgium or Luxembourg.

Indices

FTSE 100™ and S&P 500

Investment Return

If, on any anniversary date, both Indices are at or above their respective Opening Levels, the Plan will mature and pay 11.75% (not compounded) for each year the Plan has been in force. If the levels of one or both Indices are below their Opening Level on the anniversary date, the Plan will continue for another year.

If the Plan runs for its full six-years, the investment return will be 70.50% as long as the Indices are at least equal to their Opening Levels at close of business on 5th July 2016. If one, or both levels are lower there will be no investment return payable.

Capital Return

Your capital will be returned in full at maturity, provided neither of the Indices have fallen by more than 50% below their Opening Levels during the investment term. If one, or both, Indices, have fallen by more than 50% and the Final Level of one, or both, Indices is less than its Opening Level, capital will be reduced 1% for each 1% the Final Level of the lower performing Index is below its Opening Level.

Counterparty Risk

The securities will be issued by Rabobank, a major financial institution with a long term credit rating of 'AAA' by Standard and Poor’s as at 11th May 2010. The credit rating is subject to change during the offer period and the term of the investment.

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 direct investments will be subject to Capital Gains Tax. Please note, the new UK Government has indicated that it will issue a new Budget within the first 50 days of its Administration and it is possible that tax changes could be included in this.

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.

For this product the Securities will be Notes.

Key Dates

Offer period

Closed

ISA transfers

Applications must be received by 16/06/2010

Start date

02/07/2010

Opening level