High growth even if the FTSE stays the same, low capital at risk barrier, and more opportunities to mature early…
With most kick out investments offering the opportunity to mature every year, the Semi-Annual Kick Out feature in this new plan from Walker Crips might be interesting for many investors seeking a plan with more opportunities to mature early.
From year 2 onwards the plan will return 4% for each six-month period invested, equivalent to 8% pa, provided the value of the FTSE 100 Index at the end of the period, is at or above its value at the start of the plan. That’s a potential return of 16% after 2 years, 20% after 2.5 years, 24% after 3 years, and so on, even if the FTSE ends the same. If the plan kicks out, you also receive a full return of your original investment.
Should the FTSE be lower at the end of every six-month period for the full seven year term, no growth return will be achieved, and your original investment is returned unless the Index has fallen by more than 40%. If it has, your initial capital is reduced by 1% for each 1% fall, so your capital is at risk.
By offering a competitive return even if the market stays the same or only rises a little, a low capital at risk barrier, and twice as many kick out opportunities as most standard kick out plans, we expect this plan to be popular with a wide range of investors.
Potential Return: 4% per six month period invested, equivalent to 8% per annum
Opportunity to mature early every six months 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 7 Years
Arrangement fee applies
Minimum single investment: £10,000
Maximum ISA investment: £20,000
No maximum for ISA transfers and non-ISA investments
ISA Transfer Applications: 11 May 2022
Direct & ISA Applications: 25 May 2022
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.