The Barclays Defined Returns Plan (Annual Kick-Out) is a stock market linked investment that offers the opportunity to make competitive returns, even when the FTSE 100 Index makes only modest gains over the term of the Plan. The Plan has a maximum term of six years but has the potential to mature on any anniversary from year two onwards, at which time capital will be repaid together with a return based on how long the investment has been in force, provided conditions are met.
With the Annual Kick-Out 100 option you will receive 7.75% return for every year the Plan is in force, not compounded, if at any anniversary date the Index is equal to or higher than the Initial Index Level.
This is a structured investment plan.
- Potential Growth Returns: 7.75% times the number of years the plan has been active
- Investment Term - Up to 6 years
- Capital at risk product*
- Minimum Investment - £3,600
- Within your 2010/2011 individual ISA limit - Up to £10,200
- Maximum Investment - £500,000
- Investments in excess of £500,000 are accepted at the discretion of Woolwich Plan Managers
- ISA Transfer Deadline has now passed
- 2010/2011 ISA Deadline - 8 April 2010
- Direct Investment Deadline - 8 April 2010
*The return of your capital depends on the performance of the FTSE 100 Index and the ability of the counterparty (Barclays Bank Plc) to repay the monies.