Key Features

Start Date 23/05/2014
Term 6 years 14 days
Counterparty Royal Bank of Canada (Fitch: AA- | Moody's: Aa1 | S&P: AA- as at 25/03/2024)
Linked Assets Imperial Tobacco Group plc (Household & Personal Goods), National Grid plc (Utilities), Rio Tinto plc (Mining), Standard Chartered plc (Financial), Tesco plc (Retail)
Capital At Risk Barrier Capital Protected
Deadlines
ISA Transfers: 09/05/2014
Applications with cheques: 16/05/2014
Applications with bank transfers: 21/05/2014
Tax Treatment Income Tax

The interest payment is dependent on the performance of the Shares. If, on any Measurement Date, the closing levels of all five Shares are at least equal to 90% of their respective Opening Levels, the Plan will kick out, i.e. mature early and provide a gross interest payment of 3.25% of the money you deposit for every six months that the Plan has been in force (equivalent to 6.5% for each year). The first Measurement Date was on 26 May 2017, three years after the Start Date. Thereafter, the performance of the five Shares will be measured half-yearly (i.e. every six months). If the Plan runs for the full term, it will provide a gross interest payment of 39% as long as the Final Level of the lowest performing Share is at least equal to 90% of its Opening Level.

The return of the amount you deposit in the Plan is not dependent on the performance of the Shares. The original amount deposited will be returned in full at the Maturity Date, subject to Counterparty Risk.


Please see marketing literature or contact us for more information.


Please see marketing literature or contact us for more information.
Imperial Brands PLC 2659.00
National Grid PLC 883.65
Rio Tinto PLC 3119.81
Standard Chartered PLC 1276.36
Tesco PLC 304.15
Opening Levels may have been adjusted due to corporate actions

Where available, the Performance Chart is constructed out of indicative BID prices and should not be used as an accurate representation of the current or past value of any investment. Indicative prices are communicated to us directly by the relevant issuing bank and we (Meteor Asset Management Ltd.) are not the calculation agent. We are, therefore, not responsible for the timing or accuracy of any indicative prices shown and produce these charts for purely indicative purposes only. Any prices shown are representative of close-of-business as of the date indicated and are not updated or correct in real-time. Indicative prices are not immediately available to us after an investment has just begun. If no prices are present, check back at a later date or contact us for more information. Past performance is not a reliable indicator of future performance and should not be used to assess the future returns or risks associated with any investment.