When you invest in the Semi-Annual Step Down Kick-out Plan Issue 13, you may receive an accumulated return of 3.35% for each six month period that has elapsed (equivalent to 6.7% per annum) depending on the performance of the FTSE 100 Index.
Potential early maturity (kick-out) on an Anniversary Date where 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 60% of its Initial Index Level on the Investment End Date.
ISA/ JISA transfer deadline
31 August 2018 (Stocks & Shares ISA transfer)
7 September 2018 (Cash ISA transfer)
Application deadline
21 September 2018
Investment start date
28 September 2018
Anniversary dates
28 September 2020, 29 March 2021, 28 September 2021, 28 March 2022, 28 September 2022, 28 March 2023, 28 September 2023, 28 March 2024, 30 September 2024
Investment end date
28 March 2022
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