Lowes Structured Investment Centre

Lowes Structured Investment Centre

Mariana Capital 10:10 Plan May 2019 (Option 3)

Potential for a 12.8% gain for each year held, payable on any anniversary from year two onwards, provided the FTSE 100 Index closes at least 5% higher than the Initial Index Level with a maximum duration of ten years. Note: This investment was designed in conjunction with Lowes Financial Management – please see ‘Opinion’ for more information, including disclosure of our interests.

Auto-Call / Kick-Out

Capital at Risk

1260

4

Citigroup Global Markets Ltd

10 years 2 weeks max.

12/04/2019

07/05/2019

10/05/2019

This maximum ten-year and two-week plan features the potential to mature on any of the plan's anniversaries from year two onwards, provided that the FTSE 100 Index closes at least 5% higher than the Initial Index Level, returning the capital investment in full, plus a 12.8% gain for each year the plan has been in force. If the plan fails to mature early and the Final Index Level is below 105% of the Initial Index Level, no gain will be achieved; however, investors' capital should still be returned in full, unless the Final Index Level is more than 30% below the Initial Index Level. If such a fall does occur, the invested capital will be reduced by 1% for every 1% the Final Index Level is below the Initial Index Level. For example, if the plan fails to mature early and the Final Index Level is 35% below the Initial Index Level, investors' will suffer a 35% reduction to their invested capital.

Initial Index Level: The closing level of the Index on 10 May 2019.

Final Index Level: The closing level of the Index on 10 May 2029.

Tax Treatment if held outside Tax Shelter: The product literature states that under current legislation any gain produced by this investment at redemption will be subject to Capital Gains Tax rules applicable at that time.

Please note, tax rules and legislation are subject to change at any time.

Administrator:  James Brearley & Sons

Custodian:  James Brearley & Sons

Capital at Risk Barrier Observation: (Subject to Counterparty Solvency)

Capital at Risk Barrier Observation Type: End of Term only

Barrier Level: 30.00% Below Initial Index Level

Downside: 1:1

Explanation: If the investment fails to produce a gain, it still aims to return investors' capital in full at maturity, unless the Final Index Level is more than 30% below the Initial Index Level. If such a stock market fall occurs, investors' capital will be reduced in line with the percentage fall in the Index.

Charges: Unless stated otherwise charges do not affect the amount being invested as they have been taken into account in the terms of the investment. So, for every £100 invested, the return, provided the investment is held until maturity, should be £100, plus or minus the gain or loss in accordance with the defined terms. Separate fees may be payable to your adviser, platform or stockbroker for arranging this investment.

The initial charge incorporated in the terms of the investment: Initial charges are not expected to exceed 2%.

If surrendered early, the value will be dependent on a number of factors and may be less than the original amount invested. 

Early Surrender: £200

Early ISA Transfer: £200

Other Charges: