Hilbert 3 Stock Conditional Quarterly Autocall Issue 2

Hilbert Structured Products Logo

The Hilbert 3 Stock Conditional Quarterly Autocall has a maximum term of 6 years and 11 months and offers a potential quarterly income payment of 3%, subject to the performance of the underlying assets.

Investment Term

Up to 6 years and 11 months. However, the Plan can mature early from the first semi annual observation date, if certain criteria are met (see “Early Maturity” below)

Underlying assets

The share price of Barclays Plc: (£1.504), Aviva Plc: (£3.993), Vodafone Group Plc:  (£1.62) as recorded on the 30th September 2019 as listed on the London Stock  Exchange (the ‘Shares’).

Counterparty

Citigroup Global Markets Funding Luxembourg S.C.A.(‘Citigroup’)

Administrator and Custodian

Hilbert Investment Solutions

Early maturity

The Plan will mature early if the Closing Levels of all three of the Underlying Assets  are at least equal to 100% of their Opening Levels on any Quarterly Measurement  Date from 30th September 2021. If this happens, you will receive the income payment  for that quarter, and the repayment of your original investment in full at this point.

Repayment of your investment if no early maturity

If the Final Level of any of the Underlying Assets is more than 50% below it’s Opening  Level, you will receive back significantly less than your original investment. The  amount of your investment you receive back will be reduced by the same percentage  amount that the worst performing Underlying Asset has fallen in value from the 30th  September 2019.

Expected tax treatment

Income Tax

Other Key Information

English law governed notes

The product issuer is Citigroup Global Markets Funding Luxembourg S.C.A. with a  guarantee by Citigroup Global Markets Limited.

The product is designed to provide a return in the form of (1) conditional interest  payments and (2) a cash payment on termination of the product. The timing and  amount of these payments 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 worst performing underlying has fallen below its barrier price,  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 price of the worst  performing underlying is at or above its autocall barrier price. On any such early  termination, you will on the immediately following autocall payment date receive, in  addition to any final interest payment, a cash payment equal to the autocall payment of GBP 10,000.00. No interest payments will be made on any date after such autocall  payment date.

Interest: If the product has not terminated early, on each interest payment date you  will receive an interest payment of GBP 300.00 if the reference price of the worst  performing underlying is at or above its interest barrier price on the immediately  preceding interest observation date. If this condition is not met, you will receive no  interest payment on such interest payment date.

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

1. if the final reference price of the worst performing underlying is at or above its  barrier price, a cash payment equal to GBP 10,000.00; or

2. if the final reference price of the worst performing underlying is below its barrier  price, 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 price of the worst performing underlying divided by (B) its  strike price.

Under the product terms, certain dates specified 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  early. These events are specified in the product terms and principally relate to the  underlyings, the product and the product issuer.

The return (if any) 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.

When purchasing this product during its lifetime, the purchase price does not include  accrued interest on a pro rata basis.

You do not have any entitlement to a dividend from any of the underlyings and you  have no right to any further entitlement resulting from any such underlying (e.g., voting  rights).

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;

they seek income, expect the movement in the underlying 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 or guarantor 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 on the Key Information Document.

The product is not intended to be offered to retail clients who do not fulfil these criteria.

Please ensure that you have read and understood the important documents contained on this page.

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.

Post all documents 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 (Cheques): 24 October 2019

Closing Date (Bank Transfers): 31 October 2019

ISA Transfer closing date: 24 October 2019

Important Documents

> Plan Brochure – 3 Stock Conditional Quarterly Autocall Issue 2

> Key Information Document

> Direct, ISA and ISA Transfer Application Form

> Pension Scheme Application Form

> Order brochure by post

Structured Product Order Form

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Could the Hilbert 3 Stock Conditional Quarterly Autocall be right for me?

If you are able to answer ‘yes’ to all of the following then an investment in the Plan may be right for you.

Are you looking for an income from your investment?

Are you comfortable that your income is not guaranteed?.

Are you comfortable putting some or all of your investment at risk (i.e. you could lose  some money)?

Are you comfortable with leaving your money invested for up to 6 years and 11 months?

Do you have some existing knowledge of equity based investment? For example have  you invested in similar products in the past and do you have a general interest in financial  markets?

If you are unsure as to the suitability of this product then we recommend you seek financial advice.