Interested In Up To 8% pa Interest? Our Most Popular Income Plan Just Got Better
2018’s most popular income plan now offering up to 8.0% p.a. interest…
“Do you want to know what our most popular income plan has been this year? Well, it is Investec’s Defensive Income Plan, and not only does it offer the opportunity for a high level of interest, but this is paid even if the FTSE falls almost 20% or 40% (depending on which plan option you invest in).
One option offers 8% per year unless the FTSE falls 20%, the other offers 6% per year unless the FTSE falls 40%, with the value of the FTSE measured at the end of each quarter and compared with its value at the start of the plan (subject to averaging). If the Index closes below these levels, no income is paid for that quarter.
The plan has a maximum term of 8 years, but also offers the opportunity to receive your initial capital back in full before then, if the FTSE has risen by more than 5% at the end of each year, from year 2 onwards. If the plan does not end early, your initial capital is returned in full provided the FTSE has not fallen by more than 40% at the end of the plan term. If it has fallen below this level, your capital will be reduced by 1% for each 1% fall, so you could lose some or all of your initial investment.
With the recent increase to a headline yield of up to 8.0% interest, we expect this issue to be very popular indeed.”
Oliver Roylance-Smith, head of savings and investment
LIMITED OFFER: current issue ends 16th January 2018
Capital is at risk. This is a structured investment plan that is not capital protected and is not covered by the Financial Services Compensation Scheme (FSCS) for default alone. Income payments are not guaranteed and there is a risk of losing some or all of your initial investment due to the performance of the FTSE 100 Index.
There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term. The past performance of the FTSE 100 Index is not a guide to its future performance.
Tax treatment of ISAs depends on your individual circumstances and legislation which are subject to change in the future. ISA transfer charges may apply, please check with your provider.
Fair Investment Company does not offer advice and any investment transacted through us is on a non-advised basis. If you are at all unsure of the suitability of this type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.