Regal Consultancy International- 5 Global Companies Phoenix Income Kick-Out Plan,5 Year 12.60% p.a. Issue 1
Closes Monday 16 September - This note is based on 5 global companies (Apple Inc., Goodyear Tire & Rubber, Royal Bank of Scotland, United States Steel & Consolidated International Airline).
5 Year Term, 12.60%p.a. Coupon, 70% Coupon Trigger Barrier. The key features of this contract is it pays 6.30% every six months so long as the worst performing stock does not fall by more than 30%. If any stock drops by 31% then no coupon is paid BUT it is held in memory until a future observation date when the stocks do meet the criteria. At that point the 6.30% coupon for that date is paid alongside any previously unpaid coupon(s).
60% European Barrier At maturity the capital is protected even if the worst performing stock falls by up to 40% from its Initial Strike level. However, the capital is only at risk if the worst performing stock is 41% below its Initial Strike level.
At that point the investor would get one-for-one return of capital i.e. a loss of 1% of capital for every 1% drop from the Initial Strike level. For example if the worst performing stock at maturity is 41% lower than the Initial Strike level then the investor will receive 59% of their capital.
Investment currency: GBP (Other currencies are available upon request)
There is a minimum investment of 50,000 in any currency.
The investment is available through all major life companies' wrappers, stockbrokers and private banks.
The capital security is provided by securities issued by a leading European Investment Bank rated A by Fitch, A3 by Moody's and A- by S&P.
Recent data suggests that economic prospects are improving and companies with a global reach may be best placed to take advantage of the situation.
To find out more, please see the attached PDF or contact us on: +44(0) 203 668 1450