We are writing to let you know that Causeway Securities have launched a new tranche of plans for June 2023:
S&P 500 3 Year Defensive Deposit Plan – June 2023
The Plan, with Barclays as Deposit Taker, offers a Potential Return of 18% paid at maturity (6% p.a.) if the S&P 500 is equal to or above 90% of the Opening level on the Final Valuation Date. The Plan will return full capital. The Plan is covered by the Financial Services Compensation Scheme.Key Dates:
ISA transfer deadline: 2nd June 2023
Application form and monies deadline (including Direct Investment & ISA Subscriptions 2022/23): 16th June 2023
Start Date: 23rd June 2023
FTSE 100 Fixed Monthly Income Deposit Plan – June 2023
The Plan, with Royal Bank of Canada as Deposit Taker, offers a Potential Return – Fixed Interest Rate of 4.20% p.a. (0.35% paid monthly).
Potential additional return of 0.50% at maturity if FTSE 100 equal to or above 100% of the Opening level on the Final Valuation Date.
The Plan is covered by the Financial Services Compensation Scheme.
This plan is only available on an ‘Advised’ basis.
Key Dates:
ISA transfer deadline: 2nd June 2023
Application form and monies deadline (including Direct Investment & ISA Subscriptions 2022/23): 16th June 2023
Start Date: 23rd June 2023
S&P 500 S&P 500 3 Year Issuer Callable Plan – June 2023
The Plan, with Société Générale as Issuer offers a Potential Return: If the Issuer calls the Plan early, 9.60% for each year the Plan runs.
Otherwise, if the Issuer does not call the Plan early, at Maturity, the investor receives a participation rate of 2 times the amount by which the Underlying Asset closes above 100% its Opening Level on the Final Observation Date.
Key Dates:
ISA transfer deadline: 2nd June 2023
Application form and monies deadline (including Direct Investment & ISA Subscriptions 2022/23): 16th June 2023
Start Date: 23rd June 2023
A brief summary of each plan is detailed below.
