FTSE 100 Enhanced Kick-Out Plan 14
Potential for early maturity if at the end of years 1, 2, 3 or 4, the five-day average closing level of the FTSE 100 (Kick-Out Level) is higher than the Initial Index Level, the Plan will mature with a fixed payment equivalent to 12% per annum (not compounded).
Basic Product Details
| Maximum Growth: | 60% |
|---|---|
| Term: | 5 Years |
| Capital Protected: |  |
| ISA Option: |  |
Further Product Details
Potential for early maturity if at the end of years 1, 2, 3 or 4, the five-day average closing level of the FTSE 100 (Kick-Out Level) is higher than the Initial Index Level, the Plan will mature with a fixed payment equivalent to 12% per annum (not compounded).
1% Cash back available on this product on investments over £20,000.
120% of any FTSE 100 growth with no upper limit, comparing the Final Index Level to the Initial Index Level, over 5 years.
The Final Index Level is the average of the closing levels of the FTSE 100 on each Business Day from, and including, 30 January 2015 to, and including, 31 July 2015.,/P>
Initial investment is reduced on a one-for-one basis for any decline in the Final Index Level as compared to the Initial Index Level if the closing level of the FTSE 100 falls by more than 50% and fails to recover.