The Barclays Defined Returns Plan (Annual Kick-Out 90) is no longer availableThe Barclays Defined Returns Plan (Annual Kick-Out 90) 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 three onwards, at which time capital will be repaid together with a return based on how long the investment has been in force.
With the Annual Kick-Out 90 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 90% of 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
*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.
Special Offer
For investments within this product of £10,000 or more processed through Fair Investment Company Ltd., we will pay you Cashback of 1%. E.g. If you invested £20,000 into the above plan through Fair Investment Company Ltd., we would send you a cheque for £200 four weeks after the start date of the plan.