Important Update – Please Read
We are currently able to accept postal applications, however given the current circumstances we would suggest sending applications to us by e-mail if you can. The funds for your investment should be transferred direct to the investment company so they have cleared funds by the closing date. Account details for transferring funds are included on all application forms. Please send completed application forms and appropriateness questionnaires to us at admin@moneyworld.com. We will confirm receipt of your application within one working day.
If you have opted to pay your fee separately we will provide you with our account details when confirming receipt of your application.
The Mariana FTSE 150 Kick Out Plan is a ten year investment with the potential growth payments dependant on the performance of the FTSE™ 150 Equally Weighted Discounted Return Custom Index.
This is a ten year Plan based on the performance of the FTSE™ 150 Equally Weighted Discounted Return Custom Index, the Underlying Asset. The Plan is constructed to offer a Potential Return of 15% for each year the Plan runs with the possibility of early maturity and the full repayment of Initial Capital from the end of the Plan’s second year and annually thereafter. The Potential Return is only payable if the Plan kicks out.
Should the Closing Price of the Underlying Asset on an Observation Date be at or above the Kick Out Trigger Level, the Plan will mature early, repaying your Initial Capital plus the Potential Return multiplied by the number of years the Plan has run.
The Kick Out observations begin on the second anniversary date and continue on an annual basis until the Plan’s Maturity Date (from 27 June 2022 to 26 June 2030).
If the Plan has not already kicked out, Initial Capital will be repaid in full at the end of the Plan’s term if on the Maturity Date (26 June 2030) the Closing Price of the Underlying is not more than 35% below the Start Level.
If on the Maturity Date the Closing Price of the Underlying Asset 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 Asset is below the Start Level.
The Counterparty chosen for this Plan is Natixis. Natixis Structured Issuance SA, an affiliate of Natixis, is the issuer of the underlying investments that are purchased on your behalf with the money you have invested.
Natixis acts as Guarantor of the securities issued by Natixis Structured Issuance SA, which means that Natixis will make the payments under the securities if Natixis Structured Issuance SA is unable to fulfil its payment obligations. You may lose part and up to all your investment if Natixis goes into liquidation and defaults on paying your Plan return and the repayment of your Initial Capital. The risk that Natixis goes into liquidation is called Counterparty Risk.
Other Key Information
The product is in the form of a debt instrument governed by English law linked to the performance of Class 160 equity index-linked preference shares issued by Cannon Bridge Capital Ltd., which are in turn linked to the performance of the Underlying.
Natixis (Issuer: Natixis Structured Issuance / Guarantor: Natixis)
To provide capital growth in return for the risk of loss of capital. Amounts stated below are in respect of each Nominal Amount that you invest. Investors should note that the payments described below 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 Underlying.
Autocall Event: if the Underlying Performance is greater than or equal to 5% on any Autocall Valuation Date, the product willbe redeemed early and you will receive an amount equal to the relevant Autocall Amount per period on the immediately following Payment Date. No further payments of principal or interest will be made following such payment and early redemption.
Redemption amount on the Maturity Date: If the product is not redeemed early, then you will receive one of the following:
If a Barrier Event has NOT occurred:
– If the Final Underlying Performance is greater than or equal to 5%, you will receive 250% of the Nominal Amount.
– If the Final Underlying Performance is lower than 5%, you will receive the Nominal Amount.
Otherwise, you will receive an amount equal to the Nominal Amount diminished by an amount equal to the Nominal Amount multiplied by the absolute value of the Final Underlying Performance. The amount paid in such case will be less than the Nominal Amount and you may lose some or all of your capital.
Early redemption and adjustments
The terms of the product provide that if certain defined events, in addition to those described above, occur (principally but not exclusively in relation to any Underlying, or the Issuer of the product (which may include the discontinuation of the Issuer’s ability to carry out the necessary hedging transactions) or the Issuer of the preference shares), adjustments may be made to the terms of the product to account for the relevant event or the product may be early redeemed. The amount paid on any early redemption may be less than the amount originally invested.
This product is intended for retail investors who:
♦ have capital growth objective
♦ are willing and able to bear a total capital loss and accept the credit risk of the Issuer and the Guarantor
♦ have a risk tolerance consistent with the summary risk indicator in the key information document
♦ have sufficient knowledge and experience in products such as the one described in this document
♦ have a minimum investment horizon consistent with the recommended holding period
This 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?
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): 15 June 2020
Closing Date (Electronic): 19 June 2020
ISA Transfer closing date: 03 June 2020
Important Documents
Application Forms
Other application forms
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Is the Mariana FTSE 150 Kick Out 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 21 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 KeyInformation Document (KID).
♦ You 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 comfortable that you are making an investment into a Plan that has a term of ten years.
♦ You are comfortable that the Plan’s returns are linked to the performance of the FTSE™ 150 Equally Weighted Discounted Return Custom Index, the Underlying Asset.
♦ 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 growth payment and not an income 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 £5,000 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 21 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.
♦ You are not comfortable that the Plan’s returns are linked to the performance of the FTSE™ 150 Equally Weighted Discounted Return Custom Index.
♦ 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 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 £5,000.
♦ You are not comfortable with the fact that the Plan may mature early (kick out).