Key Features

Start Date 23/12/2016
Term A six year two week investment.
Counterparty Societe Generale (Fitch: A | Moody's: A1 | S&P: A as at 25/03/2024)
Linked Assets FTSE 100 Index (the 'Index')
Capital At Risk Barrier 60% of Opening Level at the Final Measurement Date
Deadlines
ISA Transfers: 07/12/2016
Applications with cheques: 15/12/2016
Applications with bank transfers: 21/12/2016
Tax Treatment Income Tax

The Plan pays a gross monthly income of 0.475% if, on every Business Day during a monthly Observation Period, the Closing Level of the Index is between 75% and 125% of its Opening Level (‘the range’), i.e. the Index does not close more than 25% above its Opening Level or more than 25% below its Opening Level in that period. The Opening Level is the Closing Level of the Index on 23 December 2016. If the Index closes outside of the range during an Observation Period, the income payment for that month will be reduced. The extent of the reduction will depend on the proportion of days during the Observation Period that the Closing Level of the Index is outside of the range. For example, if there are 20 Business Days in an Observation Period and the Closing Level is below 75% of its Opening Level on 10 of those dates, the income payment will be half of 0.475%, i.e. 0.2375%. If the Closing Level of the Index is outside of the range on all of the Business Days in an Observation Period, no income payment will be made in respect of that Observation Period.

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 100 Index 7068.17

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.