Key Features

Start Date 24/08/2018
Term A six year three week investment.
Counterparty Morgan Stanley (Fitch: A+ | Moody's: A1 | S&P: A- as at 15/04/2024)
Linked Assets FTSE 100 Index (the 'Index')
Capital At Risk Barrier 60% of Opening Level at the Final Measurement Date
Deadlines
ISA Transfers: 08/08/2018
Applications with cheques: 16/08/2018
Applications with bank transfers: 22/08/2018
Tax Treatment Capital Gains Tax
Summary Risk Indicator 4

An investment return will be payable if the Final Level of the Index is above 75% of its Opening Level. In this event, the amount of the gross investment return payable will be 2% of your investment for each percentage point that the Final Level exceeds 75%. For example, 85% is ten percentage points above 75% and would provide an investment return of 20%; 90% is fifteen percentage points above 75% and would provide a 30% investment return, and so on. The maximum investment return is capped at 50%, which would be payable if the Final Level of the Index is at least equal to 100% of its Opening Level i.e. 25 percentage points above 75%. If the Final Level of the Index is above 100% of its Opening Level you will not receive any additional return above the maximum 50% provided by the Plan. If the Final Level is equal to, or lower than, 75% of the Opening Level you will not receive investment return.

You will lose money if the Final Level of the Index is below 60% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 60% of its Opening Level you will get back the amount you invested.


Please see marketing literature or contact us for more information.


A typical investor who invests in this Plan will:


  • Be an Advanced Investor, with appropriate knowledge and experience of equity-based investments;
  • Understand how equity-based investments work, and may already hold such investments;
  • Like investments that provide known returns based on pre-determined market outcomes;
  • Want the potential to secure an investment return above that available from a deposit-based investment and acknowledge and accept the level of risk, identified by the Summary Risk Indicator set out in the Key Information Document (KID);
  • Be willing and able to tie up their money for the term of the Plan for the objective of capital growth;
  • Accept that they would lose money, and be able to afford to do so, if the Closing Level of the Index on 27 August 2024 is less than 60% of its Opening Level;
  • Understand that in the event of a loss that this loss would be at least 40% of the money they put into the Plan, and could be considerably more, and in extreme circumstances they could lose all of their money;
  • Understand that any investment return is dependent on the performance of the Index, which is calculated on set dates, and accept they might not get any investment return at all;
  • Know that the level of the Index can fall but do not expect the fall to be more than 40% of its Opening Level at the Final Measurement Date;
  • Appreciate the importance of having a spread of investments to reduce concentration risk;
  • Know and accept that inflation reduces the real value of money and what it can buy;
  • Understand that equity markets are affected by economic and political events nationally and globally;
  • Accept that if the Counterparty defaults they could lose all their money and any investment return and that they would not have any recourse to the FSCS.


An investor will not meet the target market criteria if:


  • They do not understand how this investment works;
  • They are unable, or unwilling, to accept the risks associated with this Plan, including the loss of their money;
  • The Plan does not meet the individual’s investment objectives.
FTSE 100 Index 7577.49

Where available, the Performance Chart is constructed out of indicative BID prices and should not be used as an accurate representation of the current or past value of any investment. Indicative prices are communicated to us directly by the relevant issuing bank and we (Meteor Asset Management Ltd.) are not the calculation agent. We are, therefore, not responsible for the timing or accuracy of any indicative prices shown and produce these charts for purely indicative purposes only. Any prices shown are representative of close-of-business as of the date indicated and are not updated or correct in real-time. Indicative prices are not immediately available to us after an investment has just begun. If no prices are present, check back at a later date or contact us for more information. Past performance is not a reliable indicator of future performance and should not be used to assess the future returns or risks associated with any investment.