Up to 8.60% p.a. income, quarterly payments…
The Hilbert Conditional Quarterly Autocall Plan offers the potential for a 2.15% payment each quarter, depending on the performance of the FTSE 100 Index and the EURO STOXX 50 Index (made up of the 50 largest blue chip companies in the Eurozone). That’s a potential 8.60% income per year.
Each Index is measured at the start of the plan, and then again at the end of each quarter. If both Indices are at or above 80% of their starting level (i.e. they can fall by 20%), a 2.15% income payment is made. If either index has fallen by more than 20%, no income payment is made for that quarter.
The plan also offers some capital protection against the UK and Eurozone markets falling since your initial capital is returned in full, unless either Index has fallen by more than 40% at the end of the plan term. If this does occur, your capital is reduced in line with the worst performing Index and you could therefore lose some or all of your initial investment.
So if you’re looking for high income opportunities and are confident the UK and Eurozone markets will not fall by more than 20%, this new launch is certainly worth reviewing.
Potential income of 2.15% per quarter (equivalent to 8.60% per annum)
Potential to kick out (mature early) quarterly from year 1 onwards
Capital at risk product
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 10 Years
Arrangement fee applies
Minimum single investment: £5,000
Maximum ISA investment: £20,000
No maximum for ISA transfers and non-ISA investments
ISA Transfer applications: 16 November 2018
Direct & ISA applications by cheque: 23 November 2018
Direct & ISA applications by bank transfer: 7 December 2018
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.