Investment Risks

• The Plan aims to provide the potential for capital growth plus capital repayment at maturity that is dependent on the performance of the FTSE™ 100 Index. The ability to provide this growth is achieved by exposing your capital to risk. On maturity you may not receive back the original capital invested. If the Closing Level of the FTSE™ 100 Index on any Business Day is less than 50% of the corresponding Start Index Level from 9 June 2008 up to and including 9 June 2014 it is likely to lead to the decrease of an Investor’s initial capital investment.

• You will not receive 100% of your original investment at maturity if the FTSE™ 100 Index falls by more than 50% from its Start Index Level at any time during the Investment Period and the Index does not return to at least its Start Index Level by the Final Index Level date. In this instance the capital will be reduced by 1% for each 1% that the Final Index Level is below the Start Index Level. 

• Where the difference results in a fraction of 1%, the fraction will be applied. For example, if the Final Index Level is 55.5% below the Start Index Level then your capital repayment would be reduced by 55.5% leaving 44.5% of the original investment being returned.

• Any returns generated by the Plan does not include any allowance for dividends paid by the companies which comprise the FTSE™ 100 Index.

• There is a risk that the Issuer may fail to meet its obligations. In addition, the terms of the investment may permit the issuer of those investments to withhold, defer, reduce or even terminate payments in certain events, as a result of which investors may receive less than they would otherwise or may have to wait for the proceeds.

• Your circumstances could change, forcing you to sell your Plan investments early. If this happens, you may get back less than the amount you originally invested. The value of the Plan will be determined by the price at which the Investments can actually be sold on the relevant Dealing Date.

• Tax assumptions are based on Keydata's understanding of current legislation and practice at the time of print. The levels and basis of taxation and reliefs from taxation can change at any time and any change could be applied retrospectively. The value of any tax relief depends on individual circumstances. For tax advice, potential investors should consult their professional advisers.

• Past performance IS NOT necessarily a guide to future performance and should not be used to assess the risks associated with this investment.

• The All-Weather Kick-out is not the same as a bank or building society account where capital is guaranteed and, with instant access accounts, is readily available without penalty.

• Careful consideration should be given to the benefits and risks of this Plan and its suitability to your own personal circumstances and attitude to risk. We would recommend that you take professional advice before investing.

• The effect of inflation will reduce the real value of any kick-out payments and the capital returned at the end of the term.

• Before deciding to invest, you should read the FSA ‘Capital At Risk’ document, a copy of which is included in the product brochure.

Please refer to the Brochure and the Terms & Conditions for full details.