The Investec FTSE 100 Enhanced Income Plan will provide fixed monthly income payments throughout the five year plan term.
♦ Fixed income payments of 0.355% per month (equal to 4.26% per annum)
The Final Index Level is recorded at the end of the Plan. The Final Index Level is the closing level of the FTSE 100 on the Final Maturity Date.
If the Final Index Level is higher than or equal to 60% of the Initial Index Level you will receive back your initial investment.
However, if the Final Index Level is lower than 60% of the Initial Index Level, you will receive back your initial investment minus 1% for every 1% fall in the FTSE 100 (including partial percentages).
For example, if the Final Index Level has fallen by 55% from the Initial Index Level then your initial investment will be reduced by 55%.
Other Key Information
The FTSE 100 Enhanced Income Plan is a structured investment. Your money will be used to buy securities issued by Investec Bank plc
Investec Bank plc
This product is denominated in GBP, has a term of 5 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. During the term, the product will pay fixed monthly income payments of 0.355% irrespective of the performance of the Underlying.
If, on the Final Maturity Date, the Underlying is below 60% of its starting level, your investment will be reduced by 1% for every 1% fall in the Underlying.
The plan has been designed for investors who are looking for a high level of fixed income over a term of 5 years where the level of income is known and can be budgeted for. Investors will have a medium-low appetite to risk. They will be prepared to risk their capital in order to achieve higher returns.
Additionally, investors will have knowledge and understanding of this structured product and experience of financial markets.
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 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
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: 01 March 2019
ISA Transfer closing date: 08 February 2019
Other application forms
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.
Is the Investec FTSE 100 Enhanced Income Plan right for you?
This investment may be right for you if:
♦ You understand the risks of this plan
♦ You are prepared to risk losing some or all of your initial investment.
♦ You want regular income payments
♦ You are looking for an investment linked to the performance of stock markets.
♦ You do not need access to your money over the next 5 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.
♦ You accept that if Investec Bank plc defaults during the Plan Term, you could lose all of your investment and will have no recourse to the Financial Services Compensation Scheme.
This investment may not be right for you if:
♦ You are not prepared to risk losing some or all of your initial investment.
♦ You disagree with or do not meet all of the criteria listed in the section to the left.
♦ You may need immediate access to your money before maturity.
♦ You cannot commit to the full 5 year Plan Term.
♦ You want a guaranteed return on your investment.
♦ You want to add to your investment on a regular basis.
♦ You do not want to invest in a UK onshore asset that is subject to UK tax rules.