Up to 6.84% income, for up to 8 years…
Compared to the current yields on bonds, the price of high yielding dividend shares and the outlook for income options generally, a 6.84% annual income even if the FTSE falls up to 25% might be an appealing opportunity.
The Dura Capital Credit Suisse FTSE 100 Quarterly Income Autocall Plan will make a 1.71% income payment each quarter, provided the value of the FTSE 100 Index at the end of the quarter has not fallen by more than 25% below its level at the start of the plan – that’s a potential 6.84% income each year. If the Index closes below this level, no income will be 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 any amount at the end of each quarter from year 2 onwards.
If the plan runs for the full term your initial capital is returned in full provided the FTSE has not fallen by 40% or more 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 low interest rates putting income high up on the agenda for many, the ability to receive 6.84% annual income even if the FTSE falls up to 25%, should be worth a closer look.
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.
Potential quarterly income: 1.71% (equivalent to 6.84% annually) if the Index doesn’t fall by more than 25%
Potential to kick out (mature early) quarterly from year 2 onwards
Capital At Risk Product
Available for 2020/21 Stocks & Shares ISA and Direct Investments. Also available to businesses, charities, trusts and SIPP and SSAS pension schemes
Investment term: Maximum 8 Years
Arrangement fee applies
Minimum single investment: £3,000
Maximum ISA investment: £20,000
No Maximum for 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.