Income Series - September 2010

1.5% Discount

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

 

 

Key Dates
Download Investment Guide & Terms

Plan Closes: 03 September 2010
Download Direct Investment Application

Order literature by post
Download SIPP & SSAS Application  
   
Plan Details

 This Product is a three year Reverse Convertible that offers a regular Quarterly Fixed Income Payment of 1.65% (equivalent to 6.6% gross per annum) with the potential to return Investment Capital at the Maturity Payment Date depending on the performance of the FTSE® 100 and S&P 500® (the Underlyings).
 
Investment term 3 years and 2 weeks
Minimum Investment £3,000
Underlyings: FTSE® 100 Index and S&P 500® Index
Investment returns:
 		 Quarterly Fixed Income Payment (equivalent to 6.6% gross p.a.)
Capital protection: 60% Soft Protection. European barrier, Observations only at close of business on the (subject to Counterparty risk) Start Date and End Date. Provides protection for reductions of up to 40% in the Start Value of the worst performing of the FTSE® 100 and S&P 500®.
Capital loss calculation: If the barrier is breached, capital is at risk and will reduce by 1% for every 1% the End Value of the worst performing Underlying closes below the Start Value. There is a risk that all Investment Capital could be lost.
Taxation: Income Tax where applicable – subject to Gilliat’s and Meteor’s understanding of current legislation.
Securities: Notes – General debt obligations of Morgan Stanley
Listing: London Stock Exchange
Currency: GBP
Counterparty: Morgan Stanley
Credit rating:
(as at 1 July 2010)		 Standard & Poor's ‘A’ (Negative outlook)
Moody's ‘A2’ (Negative outlook)
Fitch Ratings ‘A' (Stable outlook)
 
Availability: - Direct investment
- SIPP /SSAS Pension plans
- Trustees

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