THIS PLAN HAS NOW CLOSED

 
 Captured Growth (UK Equities) - Apr '10

2.5% Discount

Application forms must be posted to Moneyworld or you will not get the discount.

 

Download Term Sheet & Investment Guide

Key Dates
Download Direct Investment Application

Plan Closes: 10 June 2010
Download New ISA Application

Last ISA Transfers: 28 May 2010
Download ISA Transfer Application Order literature by post
Download SIPP & SSAS Application  
   
Plan Details

 This product aims to pay a variable Growth Payment (maximum 52.5% of Investment Capital) and return original Investment Capital at the end of the Investment Term.

This product is linked to the performance of the FTSE® 100 Index (the Underlying). The Growth payment is calculated in 3 parts with the opportunity to lock in 17.5% Growth on each of three Annual Observation Dates – on the 3rd, 4th and 5th anniversaries of the Start Date. Growth is locked in if the Closing Value of the Underlying is equal to or greater than its Start Value on any of these dates. The Growth Payment is the sum of any locked in Growth which is paid to investors on the Maturity Payment Date.

 
Investment term 5 years, 3 weeks
Minimum Investment £3,000.
Capital return: (subject to Counterparty risk)
 		 60% Capital Protection barrier with European Barriers - Observations on Start Date and End Date only (please refer to Investment Guide for further details).
Capital Loss Calculation if barrier breached: If barrier is breached Capital will reduce by 1% for every 1% the End Value of the Underlying closes below the Start Value.
Taxation: Capital Gains Tax (CGT) where applicable – based on Gilliat’s understanding of current tax legislation.
Securities: Notes – General debt obligations of Morgan Stanley
Credit/Counterparty risk: Morgan Stanley  (please refer to Investment Guide & Terms for full Counterparty Disclosure)
Credit rating:
(as at 16 February 2010)		 Standard & Poor's ‘A’ (Negative outlook)
Moody's ‘A2’ (Negative outlook)
Fitch Ratings ‘A' (Stable outlook)
Availability: - Direct investment
- New Stocks & Shares ISA - Subject to HMRC limits
- ISA transfer
- SIPP/SSAS Pension plans
- Trustees

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