When you invest in the UK & Europe Semi-Annual Defensive Kick-out Plan 7, you may receive an accumulated return of 3.5% for each six month period that has elapsed since the Investment Start Date (equivalent to 7% 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% each year thereafter. 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 their Initial Index Level on the Investment End Date.
ISA/ JISA transfer deadline
20 April 2018 (Stocks & Shares ISA transfer)
27 April 2018 (Cash ISA transfer)
Application deadline
11 May 2018
Investment start date
18 May 2018
Anniversary dates
18 May 2020, 18 November 2020, 18 May 2021,
18 November 2021, 18 May 2022, 18 November 2022,
18 May 2023 and 20 November 2023
Investment end date
18 May 2022
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.