The Investec FTSE 100 Income Deposit Plan Monthly Option is designed to repay your initial deposit and make monthly income payments.
♦ 0.28% per month if the FTSE 100 is higher than 75% of its starting level on each Monthly Anniversary Date (equal to 3.36% per annum).
For further details on how Investec calculate your returns, which includes the use of averaging, please see ‘How does the Plan work?’ on page 6 of the brochure.
Other Key Information
The FTSE 100 Income Deposit Plan Monthly Option 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 6 years and is linked to the performance of the FTSE 100 (the “Underlying”). The product is designed to repay your initial investment at the end of the term.
Income Payments
At the end of each year, if the Underlying is above 75% of its starting level, this product will pay you an income payment of 0.28%. If the Underlying is equal to or below 75% of its starting level, the income payment for that month will be missed.
At the end of the term of 6 years.
If, on the Final Maturity Date, the Underlying is equal to or above 75% of its starting level, the product will return your initial investment as well as a final payment of 0.28%. If the Underlying is below 75% of its starting level, the product will return your initial investment only.
This product has been designed for investors who are looking for contingent income over a term of 6 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. 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.
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: 16 January 2019
ISA Transfer Closing Date: 21 December 2018
Important Documents
> Plan Brochure – FTSE 100 Income Deposit Plan 24 – Monthly Option
Application Forms
> Appropriateness Questionnaire
(Please complete and return with your application form)
> Direct and ISA Application Form
(Also use for re-investing matured Investec plans)
Other application forms
> Self Certification Form
(To be completed for company or charity applications)
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 Investec FTSE 100 Income Deposit Plan Monthly Option right for you?
This investment may be right for you if:
♦ You want a full return of your deposit at maturity.
♦ You are looking for a plan with returns linked to the performance of stock markets.
♦ You do not need access to your money over the next 6 years.
♦ You want a tax-efficient investment using your ISA allowance or via a SIPP/SSAS.
♦ You have a minimum of £3,000 to invest.
This investment may not be right for you if:
♦ You want a regular income and dividends.
♦ You are dependant on payments being made on a regular basis.
♦ You may need immediate access to your money before maturity.
♦ You cannot commit to the full 6 year Plan Term.
♦ You want a guaranteed return on your deposit.
♦ You want to add to your deposit on a regular basis.
♦ You do not want to invest in a UK onshore asset that is subject to UK tax rules.
This Plan has been designed for investors who are looking for income for growth over a 6 year term and are not dependent on the income to meet living expenses.
Investors 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 and therefore this Plan is aimed at investors who have a medium-low appetite for risk.
Investors will understand that the potential income is linked to the performance of the FTSE 100 and is not guaranteed.