Key Features

Start Date 24/04/2015
Term 6 years 2 weeks
Counterparty Royal Bank of Canada (Fitch: AA- | Moody's: Aa1 | S&P: AA- as at 15/04/2024)
Linked Assets BP plc, British American Tobacco plc, GlaxoSmithKline plc, HSBC Holdings plc, Royal Dutch Shell plc and Vodafone Group plc, (each 'a Share', collectively the 'Shares')
Capital At Risk Barrier Capital Protected
Deadlines
ISA Transfers: 08/04/2015
Applications with cheques: 16/04/2015
Applications with bank transfers: 22/04/2015
Tax Treatment Income Tax

On the first Annual Measurement Date we will compare the Opening Level of each Share with its closing level on that date. The performance of the best performing Share will be locked in as the performance for that year (the ‘Locked Performance’). This is subject to a Cap of 30%. When a Share has Locked Performance, the subsequent performance of that Share will not be taken into account at any future Annual Measurement Date. On subsequent Annual Measurement Dates, the Opening Level of each remaining Share will be compared with its closing level on those dates, so that all of the Shares contribute a Locked Performance. If, on any Annual Measurement Date, the best performing Share closes below its Opening Level, the Locked Performance will be treated as 0% for that year. At the Final Measurement Date, the 6 Locked Performance percentages will be averaged. The gross interest payment from the Plan will be equal to this percentage.

At the Maturity Date, the return of the amount you place in the Plan (your ‘Net Subscription’) is not dependent on the performance of the Shares and, subject to Deposit Taker risk, will be returned in full.


Please see marketing literature or contact us for more information.


Please see marketing literature or contact us for more information.
BP PLC 478.40
British American Tobacco PLC 3746.50
GlaxoSmithKline PLC 1534.50
HSBC Holdings PLC 629.70
Royal Dutch Shell PLC - A Shares 2066.00
Vodafone Group PLC 232.25
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.