iDAD Callable Income and Growth Deposit Plan May 2019

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The iDAD Callable Income and Growth Deposit Plan is a maximum 8 year plan that offers potential income of 4% per annum, subject to the performance of the FTSE 100 Index.


A maximum 8 years 2 weeks investment

Underlying index

FTSE 100 Index (the ‘Index’)

Deposit Taker

Goldman Sachs International Bank

How the Callable Deposit plan works

This is a 8 year 2 week Deposit Plan based on the performance of the FTSE™ 100  Index. The Deposit Plan is constructed to offer a potential return of 3.00% per annum  (paid out quarterly) to the redemption date if above the 85% income barrier, measured  on quarterly Income Observation Dates (see the dates on page 2). For example, if on  each quarterly Income Observation Date, the FTSE™ 100 Index remains above 85%  of the Initial Index Level, 0.75% income will be paid to investors (3% per annum). If the FTSE™ 100 Index falls below 85% of the Initial Index Level, no income will be paid for  that period.

It is important to note that no income will be paid whatsoever if the Underlying Index  falls to and remains below 85% of the Initial Index Level.

Growth Return:

In addition, investors are exposed to the growth of the FTSE™ 100 Index with 100%  participation. For example, at maturity, if the FTSE™ 100 Index had risen 10% from  the Initial Index Level, the investor will receive 100% of their investment back plus a  10% growth payment(10% X 100%).

The Callable Feature

On each quarterly Observation Date, from the first anniversary onwards, 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  Capital into the Deposit Plan, together with the fixed rate of return detailed above (if  applicable), plus an additional 1% per annum. For example, if the Deposit Taker called  the Deposit Plan on the second anniversary, the investor would receive 100% of their  Initial Capital plus a 2% return (2 x 1%) along with a further 0.75%, by way of the Income Rate Return for the latest quarter, assuming that the 85% income barrier  condition has also been satisfied.

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 2 under  ‘Product Information’.

The main reason this may happen is because GSIB believes the growth participation  that could be paid out at maturity, may be higher than the coupons that have  accumulated so far. It works in a very similar way to having a cap on the maximum  pay-out.

For example, if after 4 years the Index has grown by 20% 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 Callable Coupon Rate, rather than potentially paying  the Index related return once the Deposit Plan matures.

Although this feature allows the Deposit Taker to avoid paying higher returns, the  Callable Coupon Rate, is set at a rate that is attractive when combined with the  Income Rate, particularly when combined with the capital protection feature

How can I hold this?

Direct, ISA/ISA Transfers, 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 or call  +442070510101 for more information)

The product provides the potential for capital growth and does pay a conditional  interest. What you will receive at the end of the term of the product is not certain and  will depend on the performance of FTSE 100 Index (the underlying asset). The term of  the product will end no later than May 24, 2027.

However, we have the right to terminate the product early. The product is not listed on  an exchange.

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

Repayment at maturity: This section applies only if Goldman Sachs do not terminate  the product early as described above.

On May 24, 2027, you will receive the deposit amount multiplied by the sum of (A)  100% and (B) 100% further multiplied by the underlying asset performance. However,  if this is less than the deposit amount, you will receive the deposit amount. The  underlying asset performance is calculated by dividing the closing price of the  underlying asset on May 17, 2027 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 May 17, 2019.

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

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): 03 May 2019

Closing Date (Electronic payments): 10 May 2019

ISA Transfer closing date: 26 April 2019

Important Documents

> Plan Brochure – Callable Income and Growth Deposit Plan May 2019

> Key Information Document

> Direct/ISA/ISA Transfer Application Form

> UK Trustee & Corporate Application Form

> Appropriateness Questionnaire
(Please complete and return with your application form)

> Order brochure by post

Structured Product Order Form

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How do I invest?

Please print and complete your application form together with our appropriateness questionnaire. Please send your completed forms to us at Moneyworld, 34 High Street, High Wycombe, Bucks, HP11 2AG.

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Is the iDAD Callable Income and Growth 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 1.00% 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 the performance of the  Underlying Index and 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)