Mariana FTSE 100 Income Kick Out Plan – May 2022

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The Mariana FTSE 100 Income Kick Out Plan is a maximum ten year, two week investment with the potential Income payments dependant on the performance of the FTSE 100 Index, the  Underlying Asset.

This is a ten year, two week Plan based on the performance of the FTSE 100 Index , the Underlying. The Plan is constructed to offer a Potential Income of 1.55% per quarter (6.20% p.a) in Option 1 and 1.3625% per quarter (5.45% p.a) in Option 2 providing the Closing Price of the Underlying is at or above 75% of the Start Level on a quarterly Observation Date.

In Option 1: If the Closing Price of the Underlying is below 75% of the Start Level on a quarterly Observation Date, no income is paid and the income for that period is permanently lost (no memory feature).

In Option 2: If the Closing Price of the Underlying is below 75% of the Start Level on a quarterly Observation Date, no income is paid for that quarterly period. However, unpaid
income will be paid on a future payment date if the Closing Price of the Underlying is at or above the Income Trigger Level on a subsequent quarterly Observation Date (with memory feature).

You will only receive the quarterly Potential Income if the income criteria is fulfilled on a quarterly Observation Date. To note, if, on all of the quarterly Observation Dates the income criteria is not fulfilled, you will receive no Potential Income throughout the term of the Plan.

The Plan has the possibility to kick out from the end of year 2 and quarterly thereafter. Should the Closing Price of the Underlying be at or above 105% of the Start Level on any one of the kick out Observation Dates, the Plan will mature early paying the Potential Income for that quarter and returning Initial Capital in full (subject to Counterparty Risk).

If the Plan has not already kicked out, Initial Capital will be returned in full at the end of the Plan’s term if on the Maturity Date (27 May 2032) the Finish Level of the Underlying is not
less than 65% of the Start Level.

You are at risk of losing your capital if the Closing Price of the Underlying is less than 65% of the Start Level (representing a decline of more than 35% from the Start Level), your Initial Capital will be lost at a rate of 1% for every 1% the Closing Price of the Underlying is below the Start Level.

The Counterparty chosen for this Plan is Citigroup Global Markets Limited (CGML), Citigroup Global Markets Funding Luxembourg S.C.A, an affiliate of CGML, is the issuer of the underlying investments that are purchased on your behalf with the money you have invested. The investments are constructed to generate the terms described in the Brochure.

Other Key Information

English Law governed notes

Citigroup Global Markets Limited (http://www.citigroup.com/). 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 underlying. 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 underlying has fallen below the 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 is at or above the autocall barrier level. 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 1.00. 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 0.0136 together with any previously unpaid interest payments if the reference level is at or above the interest barrier level 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 level is at or above the barrier level, a cash payment equal to GBP 1.00; or
  2. if the final reference level is below the barrier level, a cash payment directly linked to the performance of the underlying. The
    cash payment will equal (i) the product notional amount multiplied by (ii) (A) the final reference level divided by (B) the strike
    level

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 underlying, 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

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 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 below and understand that the product may terminate early;

3. 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

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 Documenbt 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?

Online Applications – Click Apply Online and follow the onscreen instructions (this option is not available for ISA Transfers)

Email Applications – Complete the Appropriateness Assessment Form and Application and email this to admin@moneyworld.com

Postal Applications – Print and complete the Appropriateness Assessment Form and Application and post these 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: 20 May 2022

ISA Transfer closing date: 04 May 2022

Important Documents

> Plan Brochure – FTSE 100 Income Kick Out Plan

> Key Information Document – Option 1

> Key Information Document – Option 2

> Order brochure by post

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Is the Mariana FTSE 100 Income Kick Out Plan Plan right for you?

This investment may be right for you if:

You have either received advice or a financial adviser has confirmed that this investment is appropriate for you.

♦ You understand the risk associated with investing in this Plan (see page 15 of the brochure for more information).

♦ You are able to make an informed decision based on the information provided in the  Brochure and in the Issuer’s Key Information Document (KID).

You understand that the returns are pre-defined and that you will forgo any growth in the Underlying which exceeds the returns defined in the Brochure.

♦ You are comfortable that you are making an investment into a Plan that has a term of  ten years, two weeks.

♦ You are comfortable that the Plan’s returns are linked to the performance of the FTSE 100 index, the Underlying.

♦ You are comfortable that any Potential Return and the repayment of your Initial Capital  is dependent on the continuing solvency of the Counterparty.

♦ You are comfortable that your capital is at risk and you could lose some and up to all of  your investment.

♦ You are looking to invest in a Plan that offers a potential income payment and not a  growth payment.

♦ You can afford to leave your money invested for the full term of the Plan.

♦ You have other savings or investments that are easily accessible to cover emergencies.

♦ You understand how the Plan works.

♦ You have at least £10,000 to invest.

♦ You are comfortable with the fact that the Plan may mature early (kick out).

This investment may not be right for you if:

You have not received advice or a financial adviser has not confirmed that this  investment is appropriate for you.

♦ You do not understand the risk associated with investing in this Plan (see page 15 of the brochure for more information).

♦ You are not able to make an informed decision based on the information provided in the Brochure and in the Issuer’s Key Information Document (KID).

♦ You do not understand that the returns are pre-defined and that you will forgo any growth in the Underlyings which exceeds the returns defined in the Brochure.

♦ You are not comfortable that you are making an investment into a Plan that has a term  of ten years, two weeks.

♦ You are not comfortable that the Plan’s returns are linked to the performance of the  FTSE 100, the Underlying.

You are not comfortable that any Potential Return and the repayment of your Initial Capital is dependent on the continuing solvency of the Counterparty.

♦ You are not comfortable that your capital is at risk and that you could lose some and up  to all of your investment.

You are looking to invest in a Plan that offers a growth payment and not an income payment.

♦ You cannot afford to leave your money invested for the full term of the Plan.

♦ You do not have other savings or investments that are easily accessible to cover  emergencies.

♦ You are unsure how the Plan works.

♦ You do not have at least £10,000.

♦ You are not comfortable with the fact that the Plan may mature early (kick out).