"Savings for your future"
Barclays Defined Returns (Annual Kick-Out 80 & 100) Plan
6 year structured investment plan that offers an opportunity for attractive pre-defined returns at 10.00% a year.
Basic Product Details
| Maximum Growth: | 60% |
|---|---|
| Term: | 6 Years |
| Capital Protected: |  |
| ISA Option: |  |
Further Product Details
The DRP Annual Kick-Out offers investors the chance to receive a competitive fixed pay-off and, under certain circumstances, an above-market return. The proposition is quite simple – using an early disposal feature the Plan aims to deliver a fixed return provided the FTSE 100 Index is either at or above a certain level on any anniversary during the investment term, at which time investors' capital will be repaid together with a return based on how long the investment has been in force.
- 1% Cash back available on this product on investments over £20,000
- Two investment options:
- AKO 80 option: Pays a fixed return from the second anniversary date onwards where the Index is equal to or higher than 80% of its starting level. If this condition is met, the return is 7.5% multiplied by the number of years the Plan has been in force
- AKO 100 option: Pays a fixed return from the first anniversary date where the Index is equal to or higher than the starting level. If this condition is met, the return is 10.0% multiplied by the number of years the Plan has been in force
- Full repayment of investors’ capital, unless the FTSE 100 is more than 50% below its starting level at maturity – in which case both capital and the return will reduce 1:1 with the Index (see brochure/ advisor for details concerning the risks)
- Available for 2010/2011 ISA investment including transfer
- Eligible for pension portfolio investment within a SIPP or SSAS investment
- Early withdrawal is possible but may reduce the initial investment