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Key Dates | |
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Plan Closes: 24 July 2009 |
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Last Transfers: 10 July 2009 |
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Plan Summary
Ten times the growth in the FTSE™ Index up to a maximum return of 90% The Accelerated Growth Plan is a simple way to get potentially attractive returns from even modest growth in the Index, by putting your Capital at risk. At the Maturity Date, the Plan will return ten times the growth in the Index - 10% for each 1% growth - if any, up to a maximum return of 90% if the index grows by 9% or more. This means that even a modest increase in the Index Level can give an attractive return. A table illustrating some possible returns is shown on page 7 of the plan brochure, in the section titled “Returns.” Returns treated as capital gains The Accelerated Growth Plan will invest in preference shares listed on the Channel Islands Stock Exchange. The returns are therefore treated as capital gains, and subject to Capital Gains Tax, under current tax legislation. See the section titled “Tax” on page 10 of the brochure for further details. Capital at Risk Your capital is at risk when investing in the Accelerated Growth Plan. Your capital will be returned in full at the Maturity Date, provided the FTSE™ 100 Final Index Level is not below 50% of the Initial Index Level. If the Final Index Level is below 50% of the Initial Index Level, your capital will be reduced by the percentage amount the Final Index Level is lower than the Initial Index Level. See the section titled “Risks” on page 6 of the brochure for further details of this and other risk factors you should consider. |
