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Is this product
right for you? |
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To help you
decide if the Plan is right for you, here is a summary of key points
you should think about. Before investing, please consider not only
the benefits but also all of the risks associated with buying such a
product and the commitment you are making.
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Yes,
I am happy to invest because:
• I accept the risk to my capital to receive
a high rate of regular income
• I am unlikely to need access to my money over the next six
years beyond that paid to me in income
• I want the opportunity to receive tax- free income by
placing the Plan in an ISA
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No ,
this plan probably isn’t right for me
because:
• I don’t want to risk losing any of my capital at the
maturity of my investment
• I might need access to some or all of my money before the
end of the term, especially in the case of unexpected
emergencies, and cannot risk getting back less than I
invested if I sell the investment early
• I am not prepared to take the risk that the Issuer,
Barclays Bank PLC, might not be able to repay my capital and
pay any return due to me at maturity.
• I don’t want to risk earning less than I could have earned
in the same period in a deposit account |
Things to consider
•
The Plan is designed for investors who can leave their
capital invested for the full term. You can instruct us
to sell the Investment in your Plan before maturity but,
if you do, you may get back less than you originally
invested, particularly in the earlier years of the
investment.
•
You may not get all your money back even if you hold the
Plan to maturity.
•
Repayment of your capital and payment of any return will
depend on the ability of Barclays Bank PLC to meet its
obligations. Barclays Bank PLC is rated ‘AA-’ by
Standard and Poor’s and ‘Aa3’ by Moody’s (16 February
2010). If the Issuer is unable at maturity, to repay the
capital, or pay a return, you will receive less than is
due to you or nothing at all. (See the ‘What other risks
are there?’ section of the brochure for more details).
• This Plan is not a
deposit account. You will receive a regular income.
However, you do not have ready access to your capital
until the end of the term, and repayment of your capital
is not guaranteed. Unlike a deposit account, the Plan is
not covered by the Financial Services Compensation
Scheme (see ‘Your questions answered’ section of the
brochure for further details). If Barclays Bank PLC were
unable to pay the benefits due or repay capital, you
would not have a claim under the scheme.
• Remember that the starting level of the Index – the
Initial Index Level – is its closing level on 14 May 2010 and not the level of the Index when your application
form is received. Please be aware that the Index Level
may vary between these two dates.
Please refer to the Brochure and the Terms & Conditions for full
details. |
