When you invest in the Annual Step Down Plan 6, 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 on the third anniversary, and on each year thereafter.
Capital is at risk if the Index closes below 50% of its Initial Index Level on the Investment End Date.
ISA/ JISA transfer deadline
13 April 2017 (Stocks & Shares ISA transfer)
21 April 2017 (Cash ISA transfer)
Application deadline
5 May 2017
Investment start date
12 May 2017
Anniversary dates
13 May 2019, 12 May 2020, 12 May 2021
and 12 May 2022
Investment end date
12 May 2021
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