The Morgan Stanley FTSE Defensive Digital Growth Plan 12 is a 6 year Structured Investment Plan linked to the performance of the FTSE 100 Index (‘the Index’).
You will receive a fixed return of 50% gross as well as the repayment of your initial investment at maturity as long as the Final Index Level is at least 85% of its Initial Index Level. For example, if after six years the Index has risen by 5%, for a £10,000 investment you would receive £15,000 at maturity. If the Index has dropped by 12% you would still receive a fixed return of £15,000.
If at maturity the Final Index Level has fallen by more than 15%, but by less than 50% from the Initial Index level, you will receive no investment growth, however your original capital will be repaid in full.
As long as the Final Index level has not fallen by 50% or more at maturity from the Initial Index Level, you will receive the full return of your original investment. Any breach in this 50% safety net has the benefit of only being measured at maturity and not throughout the investment term, by comparing the Final Index Level to the Initial Index Level. If, therefore, this safety net has been breached at maturity, you will lose 1% of capital for every 1% the Index has fallen below the Initial Index level. It should be noted that in this scenario at least 50% of your capital will be lost. As such, this investment is only suitable for those investors willing to accept the risk that they may lose some or all of their capital.
The Plan is available for Direct Investment, as well as SIPP and SSAS pension investments. It is also available to businesses, charities and trusts.
Potential fixed growth return: 50%*
Capital at risk product**
- Investment term: 6 Years
- arrangement fee applies
- Minimum single investment: £3,000
- Maximum stocks & shares ISA investment: £11,520
- No maximum ISA transfer
- No maximum non-ISA investment
- Also available to businesses, charities, trusts and SIPPs
Deadline for ISA transfer applications: The deadline for this plan has now passed. Please fill in the form to receive details of the next plan as soon as they become available
Deadline for Direct and ISA applications: The deadline for this plan has now passed. Please fill in the form to receive details of the next plan as soon as they become available
* Dependent on the performance of the FTSE 100
** The return of your capital depends on the performance of the FTSE 100 Index and the ability of the counterparty (Morgan Stanley) to repay the monies.
Reduced arrangement fee: For investments of £100,000 or more into this plan, processed through Fair Investment Company, your arrangement fee will be reduced to 2% of your original investment.