Important Update – Please Read
We are currently able to accept postal applications, however given the current circumstances we would suggest sending applications to us by e-mail if you can. The funds for your investment should be transferred direct to the investment company so they have cleared funds by the closing date. Account details for transferring funds are included on all application forms. Please send completed application forms and appropriateness questionnaires to us at email@example.com. We will confirm receipt of your application within one working day.
If you have opted to pay your fee separately we will provide you with our account details when confirming receipt of your application.
The Dura Capital FTSE 100 Autocall Plan is an eight year investment that aims to deliver a return dependent on the performance of the FTSE 100 index.
♦ If at the end of year 1, 2, 3, 4, 5, 6, 7 or 8 the FTSE 100 is equal to or above its Initial Index Level, the Plan will Autocall (mature) returning your initial investment plus a fixed return equal to 14.50% p.a. not compounded.
♦ If at the end of 8 years the FTSE 100 is lower than 100% of its Initial Index Level, your investment will have earned no return.
♦ If the Plan runs for the full term and the FTSE 100 finishes lower than 65% of its Initial Index Level (i.e. the Index has fallen more than 35%), your initial investment will be reduced by 1% for every 1% fall in the index.
♦ If at the end of the 8 year term the FTSE 100 is below 100% but equal to or above 65% of its Initial Index Level, you will receive your initial investment back without any additional return
Issuer: Natixis – Credit Rating – A1 (Moody’s), A+ (S&P), A+ (Fitch) as at 11/03/2020
Eligible Investment Types: Direct investments, ISAs (excluding ISA Transfers), SIPP, SSAS, most trusts
Other Key Information
The product is in the form of a debt instrument governed by English law linked to the performance of Class 159 equity index-linked preference shares issued by Cannon Bridge Capital Ltd., which are in turn linked to the performance of the Underlying(s)
Natixis (Issuer: Natixis Structured Issuance / Guarantor: Natixis)
To provide capital growth in return for the risk of loss of capital. Amounts stated below are in respect of each Nominal Amount that you invest. Investors should note that the payments described below are based on the expected value of the preference shares. Therefore any return you may receive on the product depends directly on the value of the preference shares. As such, your return is only indirectly dependent on the Underlying(s).
Autocall Event: if the Underlying Performance is greater than or equal to 0% on any Autocall Valuation Date, the product will be redeemed early and you will receive an amount equal to the relevant Autocall Amount per period on the immediately following Payment Date. No further payments will be made following such payment and early redemption.
Redemption amount on the Maturity Date: If the product is not redeemed early, then you will receive one of the following:
If a Barrier Event has NOT occurred:
– If the Final Underlying Performance is greater than or equal to 0% you will receive 216% of the Nominal Amount.
– If the Final Underlying Performance is lower than 0%, you will receive the Nominal Amount.
Otherwise, you will receive an amount equal to the Nominal Amount diminished by an amount equal to the Nominal Amount multiplied by the absolute value of the Final Underlying Performance. The amount paid in such case will be less than the Nominal Amount and you may lose some or all of your capital.
The product is intended to be offered to retail investors who fulfil all of the criteria below:
♦ have capital growth objective
♦ are willing and able to bear a total capital loss and accept the credit risk of the Issuer and the Guarantor
♦ have a risk tolerance consistent with the summary risk indicator shown in the key information document
♦ have sufficient knowledge and experience in products such as the one described in the key information document
♦ have a minimum investment horizon consistent with the recommended holding period
Please ensure that you have read and understood the Important Documents provided on this page before making an investment.
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 of business 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 (Cheques): 10 April 2020
Closing Date (Bank Transfers): 17 April 2020
Is the Dura Capital FTSE 100 Autocall Plan right for me?
This plan may be suitable for you if you:
♦ are able and comfortable with leaving your money invested for up to eight years and that the Plan may mature early on one of the Autocall Dates
♦ are able to bear significant losses if the market has fallen by more than 35% at maturity. In extreme circumstances you may lose most or all of your investment
♦ have at least £3,000 to invest and have a larger diversified and balanced investment portfolio
♦ are comfortable with investing in a Plan that is linked to the UK Stock Market
♦ are looking for a return which is higher than you would achieve from a risk free investment
♦ accept that in order to achieve a higher return, there is a risk that you may get back less than your original Investment at maturity
♦ understand how the Plan works, in particular that the payment of any return and any repayment of your investment at maturity are not guaranteed and dependent on the Issuer being able to meet their payment obligations
This plan may not be suitable for you if you:
♦ do not want to put your initial investment at risk
♦ do not want an investment that is linked to the UK Stock Market
♦ need a guaranteed return on your investment
♦ need a regular income
♦ need instant access to your money before maturity
♦ need an investment that is covered by the Financial Services Compensation Scheme (FSCS)