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FTSE 100 Defensive Income Plan
FTSE 100 Defensive Income Plan 23 - Option 2
| Product type | Capital at risk |
| Term | 8 years maximum |
| Underlying | FTSE 100 |
| Capital Barrier | 60% European |
| Return | 1.50% per quarter (up to 6% pa) |
| Payoff Profile | Income paid if the FTSE 100 is higher than 80% of its starting level on each quarterly anniversary date. If the Plan runs for the full term and the FTSE 100 finishes lower than 60% of its starting level, the initial investment will be reduced by 1% for every 1% fall in the FTSE 100. |
| Income Trigger | 80% |
| Kick-Out Feature | Potential for maturity at the end of years 2-8 if the FTSE 100 is above 105% of its starting level |
| Kick-Out Trigger | 105% Years 2 - 8 |
| Counterparty | Investec Bank |
| ISIN | GB00BF8S5S30 |
Key Plan Dates
| Close Date for Direct and 2020.21 ISA Investments: | 24th April 2020 |
| Close Date for 2019.20 ISA Investments: | 3rd April 2020 |
| ISA Transfer Deadline: | 3rd April 2020 |
| Start Date: | 4th May 2020 |
| Final Maturity Date: | 4th May 2028 |
- They are prepared to risk losing some or all of their initial investment
- They are looking for an investment linked to the performance of stock markets
- They do not need access to their money over the plan term
- They want a tax-efficient investment using their ISA allowance or via a SIPP/SSAS
- They have a minimum of £3,000 to invest
- They are not prepared to risk losing some or all of their initial investment
- They want a regular income and dividends.
- They may need immediate access to their money before maturity
- They cannot commit to the full plan term
- They want a guaranteed return on their investment
- They want to add to their investment on a regular basis
- They do not want to invest in a UK onshore asset that is subject to UK tax rules
Your client's commitment
There is a minimum investment of £3,000, which your client will need to be able to commit for the full six years. The money will be held in an onshore UK asset that is subject to UK tax rules.
Contact us to invest in this plan
Talk to our Structured Products specialists today
Investec Bank plc does not offer advice or make any investment recommendations regarding these Plans. Investors should think carefully about the features and risks of these Plans and whether it suits investor’s personal circumstances and attitude to risk before deciding whether to invest. Investors should seek advice from a financial adviser in their jurisdiction before deciding to invest. Returns are in no way guaranteed and some of our Plans will place capital at risk. Investors may get back less than they invested. Past performance is not a reliable indicator of future performance.
Investec Structured Products is a trading name of Investec Bank plc. Investec Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. It is a member of the London Stock Exchange registered under Financial Services Register reference 172330. Investec Bank plc is a limited company registered in England and Wales at Companies House. Our registered office is 30 Gresham Street, London EC2V 7QP and our registered number is 00489604. Our VAT number is 480912639. Please read our terms & conditions.