iDAD 4 Year Memory Income Kick Out Plan – Issue 1

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The iDAD 4 Year Memory Income Kick Out Plan is a maximum 4 year and 1 week plan that offers potential income of 1.6% per quarter, subject to the performance of the underlying indices.

Term

A maximum 4 years 1 week investment

Underlying index

FTSE™ 100 Index; Nasdaq 100 Index; Eurostoxx 50 Index

Issuer / Guarantor

Goldman Sachs & Co. / Goldman Sachs International (London)

How the 4 Year Memory Income Kick Out plan works

If on any of the quarterly Interest Observation Dates (set out on page 3 of the  brochure), the closing levels of all the Underlying Indices are at or above 80% of  theirinitial levels, the income will be paid (1.6% per quarter) plus any previous missed  payments.

This Plan will Kick out and mature early if all the Underlying Indices are equal to or  above 98% their Initial Levels on any quarterly observation date starting at 12 months.  If early maturity occurs, full capital is returned plus any income due for that quarter and the Plan will end. If early maturity does not occurthe Plan will continue to the Final  Observation date.

At the Final Observation date, if all the Underlying Indices are at or above 60% of their  Initial Levels, then full capital is returned. If any Underlying is below 60% of its Initial  Level, capital return will be reduced on a 1-for-1 basis. For example if the worst  performing Underlying has fallen to 40% of its Initial Level, 40% of the capital will be  returned.

Memory Income Feature

If the closing level of any Underlying is below 80% of its initial level on an observation  date, the income will not be paid on this payment date. If the indices then rise back  above 80% any missed income will be recouped.

The table on page 4 of the brochure shows how this can work based on a £10,000  investment. You can see that the income is paid on the first two observations but then  is not paid on the next four. On the seventh the income trigger is activated again so the income for that observation and any missed observations is paid.

How can I hold this?

Direct, ISA/ISA Transfers, SIPPs, SSAS,Corporate, Charities and Trusts

Other Key Information

The product is in the form of a note issued under English law. It is an interest bearing  security, but your interest is not guaranteed. The payment obligations of the product  manufacturer are guaranteed by Goldman Sachs International

Goldman, Sachs & Co. Wertpapier GmbH (see http://www.gspriips.eu or call  +442070510101 for more information)

The product pays interest that is linked to the performance of the underlying assets (as defined below). What you will receive at the end of the term of the product is not  certain and will depend on the performance of a basket consisting of the FTSE 100  Index, the NASDAQ-100 Index® and the EURO STOXX 50® Index (Price EUR) (the  underlying assets). In addition, you will take the risk that some or all of the value of  your investment may be lost at the end of the term of the product. The term of the  product will end no later than November 27, 2024. However, the product may  terminate early depending on the performance of the underlying assets. Each note has a face value of GBP 1. The issue price is 100.00% of the face value. The product will  be listed on Luxembourg Stock Exchange (Euro MTF).

Interest: If the closing price of each underlying asset on an interest observation date is  at or above its interest barrier, you will receive interest of GBP 0.016 on the  corresponding interest payment date for each note that you hold. In this case, you will  also receive GBP 0.016 for each previous interest payment date where no interest has been payable.

Autocall feature: If the closing price of each underlying asset on any autocall  observation date is at or above its autocall barrier, the product will terminate on the  corresponding autocall payment date. In this case, you will receive GBP 1.00 in  addition to any interest payable on or around such date for each note that you hold.

Repayment at maturity:

This section applies only if no autocall occurs as described above.

On November 27, 2024, for each note that you hold:

1. If the closing price of the underlying asset with the lowest performance (as  compared with its initial reference price) on November 20, 2024 is at least equal to its  barrier price, you will receive GBP 1.00; or

2. Otherwise, you will receive GBP 1.00 multiplied by (i) the closing price of the  underlying asset with the lowest performance (as compared with its initial reference  price) on November 20, 2024 divided by (ii) the strike price of such underlying asset.

The initial reference price of an underlying asset is the closing price of such underlying asset on November 20, 2020.

The strike price of an underlying asset is 100.00% of the initial reference price of such  underlying asset. The barrier price of an underlying asset is 60.00% of the initial  reference price of such underlying asset.

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  underlying assets, the product and the product manufacturer. 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.

The product is intended to be offered to retail investors who:

1. 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;

2. seek income, expect the movement in the underlyings assets 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. accept the risk that the issuer or guarantor could fail to pay or perform its obligations under the product but otherwise are able to bear a total loss of their investment;

4. 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; and

5. are making use of professional advice

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?

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 your 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 (Cheque payments): 06 November 2020

Closing Date (Electronic payments): 13 November 2020

ISA Transfer closing date: 30 October 2020

Important Documents

> Plan Brochure – 4 Year Memory Income Kick Out Plan – Issue 1

> Key Information Document

> Direct/ISA/ISA Transfer Application Form

> UK Trustee & Corporate Application Form

> Order brochure by post

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Is the iDAD 4 Year Memory Income Kick Out Plan right for me?

This Plan may be suitable for investors who:

Are seeking the opportunity for higher income returns than current cash rates at the  time this Plan is launched

Understand how the capital at risk works and that they could lose their investment in  full

Wish to have exposure to the Underlying Indices

Understand the Plan may mature early, returning 100% of your Initial Capital plus  any income paid

Are looking to invest for the medium term, being happy to remain invested until the  Maturity Date

Can afford to have their cash invested for the full term of the Plan

Wish to use this investment as part of a well-diversified portfolio

Understand the risk to capital in the event of an Issuer default and if the capital  protection barrier is breached at maturity

Should they need to sell their investment before maturity, accept that the trading  price may mean they get back an amount less than they invested

Appreciate that the fixed rate of return is conditional on the performance of the  Underlying Indices

This Plan may not be suitable for investors who:

Have not received advice, completed an appropriateness test or spoken to a  financial adviser who deems the Plan appropriate for them

Don’t understand the risks of the Plan and that capital is at risk

Require a guaranteed income

Don’t want exposure to equity Indices

Require access to their investment over the term

Are unsure how the Plan works

Do not have at least £10,000 to invest

Are not comfortable that their investment may be at risk if the Issuer becomes  insolvent or if one of the Underlying Indices falls more than 60% from the Initial Level

Cannot make an informed decision based on the information within the brochure or  from the Issuer’s Key Investment Document (KID)