Plan Summary

Are you looking for access to the alternative energy sector without the risk associated with directly investing in that sector?

The Clean Energy Select Account offers you the potential to benefit from growth in the alternative energy sector but can’t afford the risk of potential losses?

Here's How;

Growth: Potential for maximum return of 110% depending on the performance of the Clean Energy Select Account Basket. Calculated as the average performance of the Basket of stocks over the final six months, with each stock performance capped at 110%.

Security: Your capital is guaranteed – whatever happens to the Clean Energy Select Account Basket, you will get back your initial investment. Additionally, you are investing with Newcastle Building Society – a long established and trusted building society.

Flexibility: Operate the account as a Direct Investment Account, or maximise your tax free allowance by opening the account as a Cash ISA, and transfer any existing Cash ISA subscription. This account is also suitable for SIPP/SSAS investments

Availability

Minimum Investment: £500

Maximum Investment: £1,000,000

Interest Rates (AERs): Prior to the Start Tracking Date any investment will earn Early Bird interest at 5.00% Gross pa/AER² until the Start Tracking Date (27 October 2008).

From this date interest will be calculated as 100% of the average rise in the price of the stocks in the Basket over five years, up to a maximum return of 110% per share, subject to final six month averaging³. This interest will be paid on maturity (27 October 2013).