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To gain a full understanding of this Plan it is
important that you read the brochure carefully, including the Terms and
Conditions. If you are unsure about anything, please seek financial advice to
ensure the Plan suits your requirements and overall investment planning.
Remember, the information in this brochure does not constitute tax, legal or
investment advice and Moneyworld has given you no advice. Please read our
terms of
business before proceeding.
|
Summary
|
Product Term |
Maximum 6 years, 3 weeks
(or less if a Kick Out
Event occurs) |
|
Minimum Investment |
£3,000 |
|
Underlying |
FTSE® 100 Index and S&P
500® Index |
|
Kick Out Event |
Occurs if on an Annual
Observation Date the
Closing Values of both
the FTSE® 100 and S&P
500® are equal to or
greater than their Start
Values. |
|
Reference Level |
100% of the respective
Start Values of the
FTSE® 100 and S&P 500® |
|
Growth Payment |
Variable depending upon
the year (if any) in
which a Kick Out Event
occurs. If no Kick Out
Event occurs, there will
be no Growth Payment.
|
|
Growth Payment |
|
Year 1 |
Year 2 |
Year
3 |
Year 4 |
Year
5 |
Year 6 |
No Kick Out |
|
Annual Kick Out |
14.3% |
28.6% |
42.9% |
57.2% |
71.5% |
85.8% |
0% |
|
|
Capital Protection |
Provides protection as
long as the FTSE® 100
and S&P 500® remain at
or above 50% of their
Start Values. Daily
observations of Closing
Values. If either or
both of the FTSE® 100
and S&P 500® fall below
50% of their Start Value
at any time and a Kick
Out Event has not
occurred during the
Product Term you may not
get back the full amount
of your initial
investment. The amount
will be reduced by the
same percentage that the
End Value of the worse
performing index is
below its Start Value.
Please refer to “How do
you calculate the return
of my initial
investment?” on page 8
of the plan brochure for
details. Capital
Protection only applies
if the investment is
held for the full
Product Term. |
|
Currency |
Pounds Sterling |
|
Availability |
Direct
S&S ISA (2011/12)
ISA Transfer
SIPP & SSAS |
|
Counterparty |
Morgan Stanley B.V.
(Morgan Stanley acts as
Guarantor for Morgan
Stanley B.V.) |
Credit Rating
(As at 03 January 2012) |
Fitch: A, Stable Outlook
Moody’s: A2, Negative
Outlook,
S&P: A-, Negative
Outlook |
|
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Considerations for Investing
If the following statements apply
then an investment in the plan may be appropriate:
• You have a minimum of £3,000 to invest
• You have sufficient savings to cover unexpected expenses
• You understand that you will not have access to your money
during the Investment Term
• You want Capital Growth
• You understand that you will not receive an income
• You are happy that the
investment is linked to the performance of the FTSE® 100 and
S&P 500® and understand that you may not receive a Growth
Payment
• You are prepared to risk losing some or all of your
Investment Capital
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