When you invest in the Annual Step Down Plan, you may receive capital growth of 6% for each year of your investment depending on the performance of the FTSE 100 Index.
Potential early maturity (kick-out) on any anniversary date, from year two onwards, if the FTSE 100 Index is at or above its required kick-out level.
The Plan includes a defensive feature, whereby the required kick-out level reduces by 5% of the Initial Index Level each year from year two.
Capital is at risk if the Index closes below 50% of its Initial Index Level on the Investment End Date.
ISA/ JISA transfer deadline
16 September 2016 (Stocks & Shares ISA transfer)
23 September 2016 (Cash ISA transfer)
Application deadline
7 October 2016
Investment start date
14 October 2016
Anniversary dates
15 October 2018, 14 October 2019, 14 October 2020 and 14 October 2021
Investment end date
15 October 2018
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