Key Features

Start Date 14/10/2016
Term A maximum six year two week investment
Counterparty Natixis (Fitch: A+ | Moody's: A1 | S&P: A as at 25/03/2024)
Linked Assets FTSE 100 Index (the 'Index')
Capital At Risk Barrier 60% of Opening Level at the Final Measurement Date
Deadlines
ISA Transfers: 28/09/2016
Applications with cheques: 06/10/2016
Applications with bank transfers: 12/10/2016
Tax Treatment Income Tax

If, on any Quarterly Measurement Date, the Closing Level of the Index is at least equal to 80% of its Opening Level, the Plan will pay a gross income of 1.75% for that quarter. No income will be payable for a quarter if, on the Quarterly Measurement Date, the Closing Level of the Index is below 80% of its Opening Level.

The first Quarterly Measurement Date was on 16 January 2017, 3 months after the Start Date. Thereafter, the performance of the Index will be measured quarterly (i.e. every 3 months). If the kick-out condition is met, income will be paid in respect of that quarter and the Plan will mature early. No further income payments will then be payable.

Excluding the first seven Quarterly Measurement Dates, the Plan will kick-out, i.e. mature early, if the Closing Level of the Index, on any Quarterly Measurement Date, is at least 5% above its Opening Level. In this event you would receive a full return of your money, as well as the income due for that quarter. The first Quarterly Measurement Date on which an early maturity could be triggered was on 15 October 2018, 2 years after the Start Date.

This is a capital-at-risk product. 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 Net Subscription. If the Final Level of the Index is at least equal to 60% of its Opening Level you will receive a full return of your Net Subscription.


Please see marketing literature or contact us for more information.


Please see marketing literature or contact us for more information.
FTSE 100 Index 7013.55

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.