Fixed Annual Income with Potential Bonus Payments
The Investec FTSE 100 Bonus Income Plan 23 – Option 1 is a five year Structured Investment Plan which provides fixed annual or monthly income payments throughout the term of the Plan, with additional bonus payments dependent on the performance of the FTSE 100 Index (‘the Index’).
The aim of the Plan is to provide fixed annual or monthly payments throughout the term, with additional bonus payments dependent on the performance of the FTSE 100.
You will receive fixed payments of either 7% annually or 0.58% monthly regardless of the performance of the Index.
An additional income payment of 0.50% gross annually or 0.04% monthly will be made if the Bonus Observation Level is above the Initial Index Level at the end of each payment period.
Capital will be at risk if the Index has fallen by more than 50% during the Observation Period and the Final Index Level is lower than the Initial Index Level.
The Plan is available for Stocks & Shares ISA, ISA Transfer, Direct Investment, as well as SIPP and SSAS pension investments. It is also available to businesses, charities and trusts.
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Fixed annual income - 7.00%
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Potential annual bonus payment - 0.50% (gross)
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Capital at risk investment*
- Investment term - 5 Years
- Minimum single investment - £3,000
- Maximum Stocks & Shares ISA investment - £11,280
- Maximum investment - £1,000,000
- Also available to businesses, charities and trusts
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ISA transfer deadline: 11th May 2012
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Direct investment deadline: 25th May 2012
*The return of your initial investment depends on the performance of the FTSE 100 Index and the ability of the counterparty (Investec Bank Plc) to repay your money. The UK Banks option has an additional protection feature designed to reduce the risk of potential loss to your investment in the event that Investec Bank plc, as counterparty to the Plan, fails or becomes bankrupt. The risk to your investment will instead be dependent on the solvency of HSBC plc, Nationwide Building Society, Santander UK plc, The Royal Bank of Scotland plc and Lloyds TSB Bank plc.
Special Offer
For investments within this product of £100,000 or more processed through Fair Investment Company Limited, we will pay you Cashback of 1%. E.g. If you invested £100,000 into the above plan through Fair Investment Company Ltd., we would send you a cheque for £1000 four weeks after the start date of the plan.