When you invest in the UK & Europe Semi-Annual Defensive Kick-out Plan 3, you may receive capital growth of 3.5% for each six month period that has elapsed (equivalent to 7.00% 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. 

Overview

• Investment Term: Up to six years
• Potential return of 3.5% for each six month period that elapses
• Potential kick-out from year two, and every six months thereafter
• Defensive Feature: The 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 then reduces the required Final Index Levels to 65% of their Initial Index Levels on the Investment End Date.
• Capital is at risk, you could lose some or all of your initial investment 
• Counterparty is Citigroup Global Markets Limited, which holds an 'A+' credit rating from Standard & Poor's 
• Invest from £10,000