High Income: Potential 4.5% interest pa even if the FTSE falls 20%, quarterly payments…
If you’re looking for high income investment opportunities, this latest plan from Causeway Securities offers up to 4.5% per year, with quarterly interest payments.
The plan is based on the performance of the FTSE 100 Index, and will pay 1.125% at the end of each quarter, provided the FTSE has fallen by more than 20% below its value at the start of the plan – that’s a potential 4.5% per year interest. If the FTSE is below this level, no income is paid for that quarter.
The plan has a maximum term of 7 years, but also offers the opportunity to receive your initial capital back in full before then if the FTSE has risen by 5% or more at the end of each quarter from year 2 onwards. If the plan does not end early, your initial capital is returned in full unless the FTSE has fallen by more than 35% at the end of the plan. If this does happen, your initial capital would be reduced by 1% for each 1% fall, so your capital is at risk.
Depending on your view of the UK market in the medium term, the combination of high income even if the FTSE falls 20%, along with some capital protection, could be worth a closer look.
Potential quarterly income: 1.125% (equivalent to 4.5% annually) if the FTSE 100 Index doesn’t fall by more than 20%
Potential to mature early quarterly from year 2 onwards if the FTSE 100 Index rises by 5% or more
Capital at risk product – 65% barrier
Available for Stocks & Shares ISA, ISA Transfer and Direct Investments. Also available to businesses, charities, trusts and SIPP and SSAS pension schemes
Investment term: Maximum 7 Years
Arrangement fee applies
Minimum single investment: £10,000
Maximum ISA investment: £20,000
No maximum for ISA transfers and non-ISA investments
The deadline for this plan has now passed. Please fill in the form below to receive details of the next issue of the plan as soon as it becomes available
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.
Important Information: This is a structured investment plan which is not capital protected and is not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.