New Income Plan: up to 4.6% income per year even if the market falls, plus quarterly payments…
Are you looking for the following: high income even if the FTSE falls 25%, regular payments, a return of capital even if the FTSE has fallen 40% in 8 years’ time? If so, this new plan from Walker Crips could offer all of this, and if held within an ISA, the income is also tax free…
The UK Conditional Income Kick Out Plan measures the closing level of the FTSE 100 Index at the start of the plan, and then at the end of each quarter thereafter. Provided the Index has not fallen more than 25% below its starting level, you will receive 1.15% interest – that’s a potential 4.6% per year.
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 5% or more at the end of each quarter (from year 2 onwards). If the plan does not end early, your initial capital is returned in full provided the FTSE has not fallen by more than 40% at the end of the plan term. If it has, your initial investment will be reduced by 1% for each 1% fall, so your capital is at risk.
The combination of high interest even if the FTSE falls 25%, and some capital protection even if the FTSE falls 40%, could offer a compelling balance of risk versus reward.
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: 1.15% (equivalent to 4.6% 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 Stocks & Shares ISA, ISA Transfer 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: £10,000
Maximum ISA investment: £20,000
No maximum for ISA transfers and 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.