Fixed monthly interest: 4.20% p.a. our best selling fixed rate
If you’re concerned about low-interest rates and high inflation, and you’re looking for a high level of fixed monthly income, our best selling income plan could be a good place to start.
The FTSE 100 Enhanced Income Plan from Investec pays a fixed income of 0.35% each month (equivalent to 4.20% each year) and has a fixed term of five years, so you know exactly how much you will be paid, when and for how long.
At the end of the plan, your original capital is returned in full unless the FTSE 100 Index has fallen by more than 40% at maturity from its initial level. If it has, then your initial capital will be reduced by 1% for each 1% fall. You could, therefore, lose some or all of your original investment.
With long-term savings rates currently only offering around 2.50% fixed, ask yourself – is a return of capital unless the FTSE falls by more than 40% a fair trade-off for a 4.20% fixed income?
Fixed monthly income: 0.35% (equivalent to 4.20% per year)
Capital at risk investment
Available for Stocks & Shares ISA, ISA Transfer and Direct Investments. Also available to businesses, charities, trusts and SIPP and SSAS pension schemes
Investment term: 5 Years
Arrangement fee applies
Minimum single investment – £3,000
Maximum ISA investment – £20,000
Maximum investment for ISA transfers and non-ISA investments: £1,000,000
ISA Transfer applications: 2 November 2018
Direct & ISA applications: 21 November 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.