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To gain a full understanding of this Plan it is
important that you read the brochure carefully, including the Terms and
Conditions. If you are unsure about anything, please seek financial advice to
ensure the Plan suits your requirements and overall investment planning.
Remember, the information in this brochure does not constitute tax, legal or
investment advice and Moneyworld has given you no advice. Please read our
terms of
business before proceeding.
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Summary
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• The Plan is a structured
deposit. Your investment capital
will be placed on deposit with
Barclays Bank plc, the Deposit
Taker.
• No
interest is payable on the
deposit until the Plan's
maturity date. Under the
contract entered into between
the Plan Manager and the Deposit
Taker an interest payment may be
paid on the maturity of the
Plan.
• The
payment of interest is linked to
the performance of the FTSE™ 100
Index ("the Index").
• You
will receive an interest payment
on the basis of 1% for any 1%
increase or decrease in the
Index up to either an increase
of 40% or a decrease of 40%. If
the Index closes on 24 May 2017
at more than 40% above its
Initial Level or more than 40%
below its Initial Level you will
only receive your original
capital back.
• The
return of your capital is not
affected by the performance of
the Index. Therefore, on the
maturity of the Plan whatever
the Final Level of the Index is,
you will still be repaid 100% of
your original capital. This
repayment is subject to the
continuing solvency of Barclays
Bank plc. If Barclays Bank plc
goes bankrupt, i.e. becomes
insolvent, it may be unable to
repay your investment. This is
know as Counterparty Risk. If
this occurs, you may lose some
or all of your investment. You
will not be entitled to
compensation under the UK
Financial Services Compensation
Scheme if Merchant Capital
Limited and/or Barclays Bank plc
becomes insolvent.
• The
Plan is designed to be held
until the Maturity Date. If you
cash in your investment in the
Plan before the Maturity Date
the sum you receive may not
reflect the performance of the
Index on the date you cash in
and could be substantially less
than the amount you invested in
the Plan.
• Illustrations
showing examples of the
potential returns that may apply
in certain circumstances are
shown on page 6 of the plan
brochure.
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Considerations for Investing
If the following statements apply
then an investment in the plan may be appropriate:
• You understand that any interest payment on the Plan
depends on the performance of the Index.
• You understand that any interest payment and the
return of your capital at maturity of the Plan on 21
June 2017 depend on the continuing solvency of the
Deposit Taker.
• You understand that your investment in the Plan will
NOT provide you with regular income.
• You can afford to leave your money invested in the
Plan for the next 5 years and 3 months.
• You understand that you may not be able to cash in
your investment in the Plan, but if you can and do cash
it in before the Maturity Date the sum you will get
might not reflect the performance of the Index to the
date on which you cash in and you could receive less
than the amount you invested in the Plan.
• You understand that any interest payment may be
subject to Income Tax on receipt in the 2017/18 tax
year.
• You have £5,000 or more to invest.
If the following statements apply
then an investment in this plan may not be appropriate:
•
You do not want an investment where any interest payment
depends on the performance of the Index.
• You do not feel comfortable with the fact that the
return of your capital and interest payment at maturity
of the Plan on 21 June 2017 depends on the continuing
solvency of the Deposit Taker.
• You require regular income from your investment.
• You do not have other savings or investments that
are easily accessible to cover emergencies.
• You want to add to this investment from time to time
or at regular intervals.
• You do not have at least £5,000 to invest.
• You are unsure how the Plan works.
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