When you invest in the UK & Europe Semi-Annual Defensive Kick-out Plan 5, you may receive an accumulated return of 3.7% for each six month period that has elapsed (equivalent to 7.4% per annum) depending on the performance of the FTSE 100 Index and the EURO STOXX 50 Index.
Potential early maturity (kick-out) on any anniversary date, from year two onwards, if both indices are at or above their 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 by a further 5% in years four and five. The defensive feature reduces the the required Final Index Levels to 65% of their Initial Index Levels on the Investment End Date.
Capital is at risk if either of the Indices close below 60% of its Initial Index Level on the Investment End Date.
ISA/ JISA transfer deadline
2 March 2018 (Stocks & Shares ISA transfer)
9 March 2018 (Cash ISA transfer)
Application deadline
29 March 2018
Investment start date
6 April 2018
Anniversary dates
6 April 2020, 6 October 2020, 6 April 2021,
6 October 2021, 6 April 2022, 6 October 2022,
6 April 2023, 6 October 2023 and 8 April 2024
Investment end date
6 October 2021
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