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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
The Fixed Return Plan is an investment designed to offer you protection from loss of capital, whilst taking part in some of the benefits of the stock market through a pre-defined return. The Plan offers capital protection* and a potential fixed return of 45% after 5 years as long as the Final Index level on the Investment End Date is at or above the Initial Index Level on the Investment Start Date. The Plan is designed to be held until Maturity, and your capital is only protected if you do so. If you sell your Plan before Maturity, you may get back less than you invested. The Fixed Return 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. * Capital protection is subject to the ability of the Issuer and Counterparty to honour this and other obligations. See the section “Risk of Default by the Issuer and Counterparty” on page 8 for details of this. |
