Key Features

Start Date 12/05/2017
Term A maximum six year two week investment.
Counterparty Natixis (Fitch: A+ | Moody's: A1 | S&P: A as at 13/07/2021)
Linked Assets FTSE Custom 150 Equally Weighted Discounted Return Index (the 'Index')
Capital At Risk Barrier 60% of Opening Level at the Final Measurement Date
Deadlines
ISA Transfers: 25/04/2017
Applications with cheques: 04/05/2017
Applications with bank transfers: 10/05/2017
Tax Treatment Capital Gains Tax

If, on any Measurement Date before the Final Measurement Date, the Closing Level of the Index is at least equal to its Reference Level, the Plan will kick-out, i.e. mature early, and make a gross investment return. The first Measurement Date was on 13 May 2019, two years after the Start Date. If an early maturity is not triggered on a Measurement Date, the Plan will remain in force until at least the next Measurement Date. In the event an early maturity is triggered, the gross investment return payable will be: 12.50% at year 2; 21.75% at year 3; 33% at year 4 and 46.25% at year 5. If the Plan has not matured early and the Closing Level of the Index on the Final Measurement Date (the “Final Level”) is at least equal to its Reference Level, the Plan will provide an investment return at the Maturity Date equal to 61.50% of the money you invest. If the Final Level of the Index is below its Reference Level, no investment return will be payable at the Maturity Date.

Measurement Dates and Reference Levels (% of Opening Level): 13 May 2019: 100%, 12 May 2020: 95%, 12 May 2021: 90%, 12 May 2022: 85% & 12 May 2023 (Final Measurement Date): 80%.

This is a capital-at-risk product. You will lose money if the Final Level of the Index is below 60% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your Net Subscription. If the Final Level of the Index is at least equal to 60% of its Opening Level you will receive a full return of your Net Subscription.


Please see marketing literature or contact us for more information.


Please see marketing literature or contact us for more information.
FTSE Custom 150 Equally Weighted Discounted Return Index 1447.11

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.