The latter offers a potential growth payment of 15% for each year the plan is in force with investment returns linked to the performance of a basket of stocks and the capital return linked to the FTSE 100 Index.
It has a six-year investment term, but has the potential to kick-out on any annual measurement date, with returns linked to the performance of the top ten companies by index weighting in the FTSE 100 as at 8 February.
The growth payment is paid for each year if they closing share prices of at least eight of the ten shares are equal to or greater than their opening levels.
If the FTSE 100’s final level at maturity is more than 50% lower than its opening level, investors will lose some or all of their money.
Meanwhile, the 3 Year Defensive Growth Plan 2 has returns linked to the performance of both the FTSE 100 and S&P 500 indices.
It has a potential growth payable of 21% if the final levels of both indices are at our above 95% of their opening levels. But investors will lose some or all of their money if the final level of the lower performing index is more than 40% lower than its opening level.
Finally the Prima Platinum Plan 15, is also a kick out plan, with returns linked to both indices mentioned above. It has potential returns of 10% for each year if the closing levels on any annual measurement date are at or above their opening levels.
Again, however, investors’ capital is at risk if one of the indices has fallen by more than 50% at the end of the investment term and if the final level of the worse performing index is below its opening level.
