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Investec FTSE 100 Kick-Out Deposit Plan 27
SERVICES | STRUCTURED PRODUCTS | Investec FTSE 100 Kick-Out Deposit Plan 27
Investec FTSE 100 Kick-Out Deposit Plan 27

Investec FTSE 100 Kick-Out Deposit Plan 27

PLAN FULLY SUBSCRIBED

FTSE 100: 5,758.11

We have worked in conjunction with Investec to offer clients a five-year deposit which offers kick-out opportunities in year two, three, four or five, with a return of 6.25% for each year the plan is in force (6.25% annual effective rate).

Investec FTSE 100 Kick-Out Deposit Plan 27
Plan summary
Counterparty Investec Bank plc
Structure Deposit based
Term 5 years
Index FTSE 100
Kick-out observation dates First observation at year 2, then annually after
Return 6.25% for each year the plan has been in force if the FTSE 100 is higher at any of the observation points (12.5% return at the first observation point at year 2)
Capital at risk 100% capital protected
Dates 13 April for new money

20 April for rollovers
Investec FTSE 100 Kick-Out Deposit Plan 27
Investec FTSE 100 Kick-Out Deposit Plan 27
This plan is a five-year deposit with Investec and offers kick-out opportunities in year two, three, four or five, with a return of 6.25% for each year the plan is in force (6.25% annual effective rate). The plan will return 6.25% for each year it has been in force if the level of the FTSE 100 is higher at any of the four observation points compared with the initial level.

If the level of the FTSE 100 is not higher at any of the observation points, the plan will mature in five years’ time and, subject to the continuing solvency of Investec Bank plc, your initial capital would be returned.

The strike date (initial level) is 2 May 2012 and therefore the starting level of the FTSE 100 will be set on that day. More information about the mechanics of the plan is detailed in the brochure.
Investec FTSE 100 Kick-Out Deposit Plan 27
Capital protection
Capital protection for the plan is dependent on the investment being held until maturity and Investec Bank plc fulfilling its obligations. However, in the unlikely event of default, investors are likely to qualify for cover under the Financial Services Compensation Scheme (FSCS), which entitles claims in respect of deposits of up to £85,000 per individual. Further information regarding the FSCS can be found on page 14 of the brochure or by visiting www.fscs.org.uk

One key consideration when investing in products such as the Investec FTSE 100 Kick-Out Deposit Plan 27 is counterparty risk. Counterparty risk is the potential risk of default by Investec Bank plc on its obligations. We use banks such as HSBC, Barclays, Morgan Stanley and Investec Bank plc because these are all some of the strongest banks in the market, and to create a balanced portfolio to provide diversification against the potential of counterparty risk.
Investec FTSE 100 Kick-Out Deposit Plan 27
Capital security
Initial capital is 100% secure with this plan, subject to the continuing solvency of Investec Bank plc. Any movements in the FTSE 100 Index will not result in a capital loss in the product.

About Investec Bank plc
Investec Bank plc is the UK banking subsidiary of Investec plc, which is part of the Investec Group. Investec Group is an international specialist banking organisation providing a diverse range of financial products and services. Investec Bank plc has a credit rating of ‘BBB’ by Fitch Ratings and a ‘Baa3’ rating by Moody’s. Moody’s define a company with the ‘Baa’ credit rating as one with moderate credit risk, and as such, may possess certain speculative characteristics.
Investec FTSE 100 Kick-Out Deposit Plan 27
Investment
The plan is also open to SSAS, SIPP, corporate, personal (including ISA) and trust monies until 13 April 2012. The minimum investment is £1,500.

If investing personally, outside of an ISA, any return will be paid net of basic-rate Income Tax and therefore a further liability will arise if you are a higher-rate taxpayer.

The commission payable on this plan is 2.25%. Commission does not in any way affect your initial investment amount as it is built into the terms of the plan and is designed to cover the cost of structuring, marketing and managing this investment for you. In effect, if the plan runs for five years, the management fee would be the equivalent of 0.45% per annum.
Investec FTSE 100 Kick-Out Deposit Plan 27
Further details and investment placing

For further information on the Investec FTSE 100 Kick-out Deposit Plan 27, click here to view the brochure.

To discuss this product in more detail, please contact us.

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