The Investec FTSE 100 3 Year Defensive Deposit Plan is designed to repay your initial deposit and deliver a return provided that the FTSE 100 does not fall by more than 10% or more over the Plan Term.
♦ 10% return if the FTSE 100 is higher than 90% of its starting level on the Final Maturity Date
♦ If on the Final Maturity Date the FTSE 100 is equal to or lower than 90% of its starting level you will receive back your initial deposit with no return.
The use of Averaging to calculate the Final Index Level can reduce the adverse effects of a falling market or sudden market falls before maturity. Equally, it can reduce the benefits of an increasing market or sudden market rises before maturity.
Other Key Information
The FTSE 100 3 Year Defensive Deposit Plan is a structured deposit. Your deposit will be held by Investec Bank plc
Investec Bank plc
This product is denominated in GBP, has a term of 3 years and is linked to the performance of the FTSE 100 (the “Underlying”). On the Final Maturity Date:
♦ If the Underlying is above 90% of its starting level, the product will return your initial investment plus 10%.
♦ If the Underlying is equal to or below 90% of its starting level, the product will return your initial investment with no additional return.
This product has been designed for investors who are looking to potentially achieve capital growth over a term of 3 years. Investors are looking for alternatives to fixed rate cash products (such as a fixed rate bond), are willing to take the risk that actual returns achieved may be lower than fixed rate cash products, but do not wish to risk losing their initial deposit. Therefore this product is aimed at investors who have a medium-low appetite for risk.I
Investors will understand that the potential returns of this product are linked to the performance of the FTSE 100. Additionally, investors will have knowledge and understanding of this structured product from supporting product literature and any advice they have received, as well as an understanding of financial markets.
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?
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: 13 December 2019
ISA Transfer Closing Date: 22 November 2019
Other application forms
Is the Investec FTSE 100 3 Year Defensive Deposit Plan right for you?
This investment may be right for you if:
♦ You understand the risks of this Plan.
♦ You are looking for a Plan where returns are dependent on the performance of stock markets.
♦ You want a full return of your initial investment at maturity.
♦ You do not need access to your money over the next 3 years.
♦ You have a minimum of £3,000 to invest.
♦ You want a tax-efficient return using your ISA allowance or via a SIPP/SSAS.
♦ You understand that returns are dependent on the performance of the FTSE 100, which is observed on set dates and you accept that you may not achieve any return at all.
♦ You accept that if Investec defaults during the Plan Term, you could lose all of your deposit and should then seek compensation from the Financial Services Compensation Scheme.
This investment may not be right for you if:
♦ You disagree with or do not meet all of the criteria listed in the section to the left.
♦ You want regular income or dividend payments.
♦ You may need immediate access to your money before maturity.
♦ You cannot commit to the full 3 year Plan Term.
♦ You want a guaranteed return on your investment.
♦ You want to add to your investment on a regular basis.
♦ You do not want to invest in a UK onshore asset that is subject to UK tax rules