Dura Capital UK & Europe Defensive Kick Out Plan (Option 2) – December 2022 – (BB04)

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The Dura UK & Europe Defensive Kick Out Plan has a maximum term of 5 years and offers a potential return of 11% for each year the plan runs, subject to the performance of the FTSE 100 Index and  EURO STOXX 50 Index.

The potential return: There are several opportunities during the term of the Plan for  you to receive a return on your Amount Invested, depending on the performance of the UK and European stock markets – specifically the FTSE 100 Index (UKX) (the ‘FTSE  100’) and the EURO STOXX 50 Index (the ‘EURO STOXX 50’), together referred to as the ‘indexes’.

– There are set dates during the investment term (‘Early Maturity Dates’) where you  might receive a return. The first Early Maturity Date is one year after the Start Date.

– If both indexes close above a pre-set level on an Early Maturity Date (see the  diagram opposite for details of these levels), the Plan will mature early (sometimes  known as a ‘kick out’), repaying your Amount Invested plus a return equal to 11%  (not compounded) for each year that has passed since the Start Date.

– If on the Final Maturity Date there has been no early maturity and the closing level of  at least one of the indexes (its ‘Final Level’) is less than 70% of its closing level on the  Start Date (its ‘Start Level’), your investment will have earned no return.

The repayment of your Amount Invested: If at least one of the indexes fails to close  at or above the required level on any of the Early Maturity Dates, your Amount  Invested is at risk. The amount you will get back at maturity will depend on the Final  Level of the worst performing index only:

– If the Plan runs for the full term and both indexes close at or above 65% of their Start  Levels, you will be repaid your Amount Invested in full.

– However, if the Final Level for at least one index is below 65% of its Start Level  (meaning it has fallen more than 35% since the start of the Plan), the repayment of  your Amount Invested will be reduced by 1% for every 1% fall in the worst performing  index (please see page 6 of the brochure for some examples of how much you could lose in different  scenarios).

The issuer for this plan is Barclays Bank plc. If Barclays Bank PLC fails or become  insolvent, it will be unlikely to meet its payment obligations to you under the terms of  the Plan. In this case, you could lose most, if not all, of your Amount Invested and you  will not be entitled to compensation from the Financial Services Compensation  Scheme (‘FSCS’).

Other Key Information

English law governed notes

Barclays Bank PLC (www.barx-is.com). The PRIIP manufacturer is also the product issuer.

The product is designed to provide a return in the form of a cash payment on  termination of the product. The timing and amount of this payment will depend on the  change in value of the preference shares, which in turn will depend on the  performance of the underlyings. The product has a fixed term and will terminate on the maturity date, unless terminated early. If, at maturity, the final reference level of the  worst performing underlying has fallen below its barrier level, the product may return  less than the product notional amount or even zero.

Early termination following an autocall: The product will terminate prior to the  maturity date if, on any autocall observation date, the reference level of the worst  performing underlying is at or above the relevant autocall barrier level. On any such  early termination, you will on the immediately following autocall payment date receive  a cash payment equal to the applicable autocall payment. The relevant dates, autocall  barrier levels and autocall payments are shown in the table(s) on the key information document.

Termination on the maturity date: If the product has not terminated early, on the  maturity date you will receive:

1. if the final reference level of the worst performing underlying is at or above its barrier level, a cash payment equal to GBP 1,000; or

2. if the final reference level of the worst performing underlying is below its barrier  level, a cash payment directly linked to the performance of the worst performing  underlying. The cash payment will equal (i) the product notional amount multiplied by  (ii) (A) the final reference level of the worst performing underlying divided by (B) its  strike level.

Investors should note that the payments described above 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 underlyings.

Under the product terms, certain dates specified above and below will be adjusted if  the respective date is either not a business day or not a trading day (as applicable).  Any adjustments may affect the return, if any, you receive.

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,  as applicable, early. These events are specified in the product terms and principally  relate to the product and the product issuer. The preference shares in turn contain  provisions allowing the preference shares to be adjusted or terminated early in the  case of certain exceptional events, in particular relating to the underlyings. Any such  adjustments or early termination are likely to affect the amount and timing of return you receive under the product, meaning the return (if any) that you receive on such early  termination is likely to be different from the scenarios described above and may be  less than the amount you invested.

For display purposes numbers within this  document have been cut off at 4 decimal  places.

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

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

2. they seek capital growth, expect the movement in the underlyings 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;

3. 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

4. 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.

To gain a full understanding of this plan it is important that you read the brochure and key information document 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 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: 29 November 2022

ISA Transfer closing date: 15 November 2022

Important Documents

> Plan Brochure – UK & Europe Defensive Kick Out Plan – December 2022

> Key Information Document

> Order brochure by post

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Could the Dura Capital UK & Europe Defensive Kick Out Plan be right for me?

This plan may be suitable for you if you agree to all of the following statements:

You are comfortable with leaving your money invested for up to five years and you  have access to other funds during this period for emergencies;

You have at least £3,000 to invest as a lump sum;

You already have a larger investment portfolio made up of different types of  investments (such as bonds, funds and other equity-based investments);

You are able to understand the features and risks associated with this investment;

You are comfortable with investing in a Plan that is linked to the FTSE 100 and  EURO STOXX 50, and have a neutral or positive outlook on the potential growth of  both indexes in the five-year term;

You do not expect the FTSE 100 and the EURO STOXX 50 to rise by more than 55% over the five-year term;

You are looking to receive a growth return when the Plan matures, rather than a  regular income;

You are looking for a return which has potential to be higher than you would achieve  from a risk-free investment (such as a savings account);

You accept that in order to achieve a higher return, there is a risk that you may  receive no return at all, or get back less than your Amount Invested at maturity;

You are able to bear significant losses if either the FTSE 100 or EURO STOXX 50  has fallen by more than 35% at maturity;

You understand how the Plan works, in particular that the return and any repayment  of your Amount Invested at maturity are not covered by the Financial Services  Compensation Plan (‘FSCS’) and depend on Morgan Stanley being able to meet its  payment obligations;

You understand that if you sell the Plan early, the amount you receive would depend  on the value of the Plan on the date of sale and could be less than the Amount  Invested;

You understand the personal tax implications of an investment in the Plan;

You accept the risks associated with this investment.

If you cannot agree to all of the statements above, this plan may not be suitable for you.