iDAD Callable Deposit Plan Issue 11

iDAD Structured Products Logo

The iDAD Callable Deposit Plan is a maximum 7 year and 1 week plan that offers potential growth of 3.5% for each year the plan runs, subject to the performance of the FTSE 100 Index.

Term

A maximum 7 years 1 week investment

Underlying index

FTSE 100 Index (the ‘Index’)

Deposit Taker

Goldman Sachs International Bank

How the Callable Deposit plan works

This is a 7 year 1 week Deposit Plan based on the performance of the FTSE 100  Index. The Deposit Plan is constructed to offer a potential return of 3.50% per annum  to the final Callable Observation Date if the Deposit Taker calls the investment early  (please refer to the ‘Callable Feature’ below), or 50% participation in any growth of the  FTSE 100 Index at maturity.

If the Deposit Plan is not called early, at maturity, the investor receives a return of 50%  of any positive growth in the FTSE 100 Index. For example, at maturity, if the FTSE  100 Index has risen 10% from the Initial Index Level, the investor will receive 100% of  their investment back plus a 5% growth payment (10% X 50%).

The growth payment is capped at 149% of the Initial Index Level. Any rise of more than 49% above the Initial Index Level will not be passed onto investors. For example, if at  maturity the Underlying Index had grown by 60% a return of 24.50% would be paid to  the investor (49% X 50%).

The opportunity for full capital protection and growth is the key aim of this investment.  The investment is linked to the FTSE 100 Index (see page 7 for full details) and  investors will benefit from growth in the Underlying Index unless, the Deposit Taker,  Goldman Sachs International Bank (GSIB) “calls” the deposit early, in which case  investors would be paid a competitive fixed rate of return of 3.50% p.a. – better than  most current cash rates.

The initial investment, minus any initial Adviser Fee, will be returned in full on the  Maturity Payment Date, or if GSIB calls the Deposit Plan early, regardless of the  performance of the Underlying Index, as detailed in the Key Observations table on  page 6 of the brochure.

The Callable Feature

On each Annual Observation Date, the Deposit Taker has the option to ‘call’ the  Deposit Plan at their discretion. This means the Deposit Plan will be redeemed at that  point and investors will receive their Initial Investment into the Deposit Plan, together  with the fixed rate of return detailed above. For example, if the Deposit Taker calls the  Deposit Plan on the third observation date (3 year anniversary), the investor would  receive 100% of their Initial Capital plus an 10.50% return.

The callable feature provides GSIB with the ability to redeem the Deposit Plan early on any Callable Observation Date, details of which can be found on page 6 of the brochure.

The main reason this may happen is because GSIB believes the growth payment that  could be paid out at maturity, may be higher than the Interest that have accumulated  so far.

For example, if after 4 years the Underlying Index has grown by 30% and seems set to continue growing, the Deposit Taker may feel that they will be better off redeeming the  Deposit Plan and paying 4 years of the fixed annual return, rather than potentially  paying the Index related return once the Deposit Plan matures.

How can I hold this?

Direct, ISA/ISA Transfers, SIPPs, SSAS,Corporate, Charities and Trusts

Other Key Information

The product is in the form of a deposit provided under English law. It is not an interest  bearing security. The payment obligations of the product manufacturer are not  guaranteed by any entity.

Goldman Sachs International Bank, London, UK (see http://www.gspriips.eu or call  +442070510101 for more information)

The product provides the potential for capital growth and does not pay interest. What  you will receive at the end of the term of the product is not certain and will depend on  the performance of the FTSE 100 Index (the underlying asset). The term of the product will end no later than April 27, 2028. However, we have the right to terminate the  product early. The product is not listed on an exchange.

Call feature: GSBI have the right to terminate the product early on each call payment  date by giving notice on or before each call date shown below. In this case you will  receive the call payment multiplied by the deposit amount shown in the key information document for each note that you hold.

Repayment at maturity:

This section applies only if we do not terminate the product early as described above.

On April 27, 2028, you will receive the deposit amount multiplied by the sum of (A)  100% and (B) 50% further multiplied by the underlying asset performance. However, if  this is less than the deposit amount, you will receive the deposit amount. If this  exceeds the deposit amount multiplied by 1.245, you will receive the deposit amount  multiplied by 1.245.

The underlying asset performance is calculated by dividing the closing price of the  underlying asset on April 20, 2028 by the initial reference price of the underlying asset  and subtracting 100%.

The deposit amount is, at any time, the amount standing to the credit of your deposit  account at such time, and excludes any amount already withdrawn or transferred.

The initial reference price of the underlying asset is the closing price on April 20, 2021.

The product terms also provide that if certain exceptional events occur (1) adjustments may be made to the product and/or (2) the product issuer may terminate the product  early. These events are specified in the product terms and principally relate to the underlying asset, the product and the product manufacturer. The return (if any) you  receive on such early termination is likely to be different from the scenarios described  above.

The product is intended to be offered to retail investors who fulfil all of the criteria below:

 they have the ability to make an informed investment decision through sufficient  knowledge and understanding of the product and its specific risks and rewards, with  experience of investing in and/or holding a number of similar products providing a similar  market exposure, either independently or through professional advice;

seek principal protection, subject to the issuer’s ability to pay, expect the movement  in the underlying asset to perform in a way that generates a favourable return, have an investment horizon of the recommended holding period specified in the key information document and understand that the product may terminate early;

 they accept the risk that the issuer could fail to pay or perform its obligations under the  product and they are able to bear a total loss of their investment; and

 they are willing to accept a level of risk to achieve potential returns that is consistent with  the summary risk indicator shown in the Key Information document.

The product is not intended to be offered to retail clients who do not fulfil these criteria. Please ensure you have read and understood the important documents contained on this page before investing.

To gain a full understanding of this Plan it is important that you read the brochure carefully, including the product risks and terms and conditions. If you are unsure about any aspect of this investment product, please seek financial advice to ensure the Plan suits your requirements and overall investment planning.

Moneyworld does not offer investment advice. The information in this brochure does not constitute tax, legal or investment advice. Please read our terms and conditions before investing

How do I invest?

Print and complete our Appropriateness Assessment Form

Print and complete the relevant application form, these forms can be found below.

Scan and email all documents to admin@moneyworld.com or post your documents to :

Moneyworld, 34 High Street, High Wycombe, Bucks, HP11 2AG

Application Fee

Our fee is just 0.5%. This can be deducted from the investment or paid by enclosing a cheque to Moneyworld.

Important Plan Dates

Closing Date (Cheque payments): 06 April 2021

Closing Date (Electronic payments): 13 April 2021

ISA Transfer closing date: 30 March 2021

Important Documents

> Plan Brochure – Callable Deposit Plan Issue 11

> Key Information Document

> Direct/ISA/ISA Transfer Application Form

> UK Trustee & Corporate Application Form

> Order brochure by post

Structured Product Order Form

  • This will help us send the correct application form.

Subscribe to Product Updates

  • This field is for validation purposes and should be left unchanged.

The information provided when subscribing will only be used to provide Structured Product updates. Please view our privacy policy for more information.

Is the iDAD Callable Deposit Plan right for me?

This Deposit may be suitable for investors who:

Are seeking the opportunity for higher returns than current cash rates at the time this  Deposit Plan is launched

 Understand how the capital protection works

 Wish to have exposure to the Underlying Index

Understand the Deposit Taker may call the Deposit Plan early, returning 100% of  your Initial Capital plus a return of 3.5% per annum

 Are looking to invest for the medium to long term, being happy to remain invested  until the Maturity Date

 Can afford to have their cash invested for the full term of the Deposit Plan

♦ Wish to use this investment as part of a well-diversified portfolio

 Understand the risk to capital in the event of a Deposit Taker default

 Should they need to encash their investment before maturity, accept that the trading  price may mean they get back an amount less than they invested

 Appreciate that the fixed rate of return is conditional on Goldman Sachs International  Bank calling the investment

This Deposit may not be suitable for investors who:

Have not received advice or spoken to a financial adviser who deems the Deposit  Plan appropriate for them

 Don’t understand the risks of the Deposit Plan

 Require a guaranteed income

 Don’t want exposure to an equity Index

 Require access to their investment over the term

 Are unsure how the Deposit Plan works

Do not have at least £10,000 to invest

 Are not comfortable that their investment may be at risk if the Deposit Taker becomes insolvent

 Cannot make an informed decision based on the information within the brochure or  from the Deposit Taker’s Key Investment Document (KID)