High growth: potential 5.25% per year if the FTSE rises by any amount…
With the recent market volatility, do you think the FTSE 100 might go up in the coming years? If you do then the opportunity for 5.25% growth and a full return of capital in as little as 2 years may be of interest.
The UK Kick Out Plan Y2 60 from MB offers 5.25% for each year invested (not compounded) provided the FTSE 100 Index at the end of each year is at or above its value at the start of the plan. That’s a potential 10.5% in 2 years, 15.75% in 3 years, and so on, along with a return of your initial investment.
The plan has a maximum term of five years, and if the Index is lower at the end of each year for the full term, no growth is achieved and your capital is returned to you unless the FTSE has fallen more than 40%. If it has, your initial capital is reduced by 1% for each 1% fall, so your capital is at risk.
With the opportunity for good returns even if the FTSE goes up by any amount over the next 5 years, and a low capital at risk barrier, this plan could offer a compelling combination of risk versus reward in the current climate.
Potential Return: 5.25% for each year invested (not compounded), if the FTSE rises by any amount
Potential to mature early (kick out) each year from year 2 onwards
Capital At Risk Product – 60% 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 5 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: 1 October 2021
Direct & ISA Applications: 15 October 2021
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.