|
|
Key Dates |
| Download Brochure |
Closing Date: 29 February 2012 |
| Download Direct Investment & ISA Application |
ISA Transfer closing date: 17 February 2012 |
| Download ISA Transfer Application | Order literature by post |
| Download Pension Scheme Application | |
| Download Trustees/Company Application |
Summary
• The FTSE® 5 Quarterly Kick-Out Plan 5 is a maximum five year and two week investment. • The returns from the Plan are linked to the share performance of five leading companies within their respective sectors. These are HSBC Holdings (Financial), Royal Dutch Shell – Class A Shares (Energy), Tesco PLC (Consumer), BHP Billiton (Mining) and GlaxoSmithKline (Pharmaceuticals). These companies are all in the FTSE 100 Index. • If, on any Quarterly Measurement Date, the closing share prices of all five shares are at least 95% of their respective Opening Levels, the Plan will kick-out, i.e. mature early and make a growth payment of 6% of the money you invest for each quarter that the Plan has been in force. • You will lose some, or all, of your money if on 2nd March 2017 the Final Level of the lowest performing share is more than 50% lower than its Opening Level. The amount you would lose will equal the percentage fall in the share price of the lowest performing share. • You could also lose some or all of your money and any growth payment in the event that the counterparty, The Royal Bank of Scotland plc, which issues the underlying Securities for the Plan, fails to make the payments due from the Plan. • It is our understanding that any growth payment from the Plan will be Considerations for Investing If the following statements apply then an investment in the plan may be appropriate: • I am willing to invest for a set period of time, known as the investment term; (see pages 2, 15 and 17 of the brochure) • I am not likely to need access to my money during the term of the Plan; (see page 13 of the brochure) • Although the Plan might mature early I understand this is a five year investment; (see pages 2, 3, 6, 13 and 15 of the brochure) • I want the potential to benefit from the performance of the shares but do not want to invest directly in the shares; (see page 3 of the brochure) • I know that the value of the shares can fall as well as rise; (see pages 8 and 9 of the brochure) • I understand that although the Securities will be provided by RBS, a major financial institution with a current long term credit rating from Standard & Poor’s of ‘A’, there is a chance that they may default on the payments due and this means that I may lose some, or all, of my investment, plus any growth payment which I otherwise would have been entitled; (see pages 4, 5 and 14 of the brochure) • I am satisfied with a potential return of 6% per quarter and accept the fact that if the share prices were to rise more than this I would not benefit from any growth above that provided by the Plan; (see pages 3 and 13 of the brochure) • I am prepared and can afford to accept the risks associated with an investment in the Plan; (see pages 3-8, 13 and 14 of the brochure)  |
