Investec: Kick-out Plan 21
Underlying investment:
- EuroStoxx 50 Index
Investment Return: 2 Options Available
- Step-down Option: Investors in the Bond benefit from a potential return of 7.5% pa if the Estoxx 50 Index is above the Auto-call level. The Auto-call level is set at 100% for years 1-3 then drops to 90% from year 3 onwards.
| Observation Dates | Step Down (% of Initial Levels) |
| 1 year | 100% |
| 2 years | 100% |
| 3 years | 100% |
| 4 years | 90% |
| 5 years | 90% |
- Cautious Option: Potential Return of 6.0% pa If on any of the Kick-Out Dates the Index is above 95% of its initial level.
Risk: Investors will receive back their initial capital in the event that the Index has not fallen by -40% or more at any point during the life of the product. If the Index falls by 40% or more at any time during the term of the Investment and finishes below its initial level then Investors may lose some of their capital.
Term: Min term 1 year, Max term of 5 years.
Counterparty: Investec
Liquidity: The bond offers Daily liquidity.
Memory Feature: Yes
Taxation: Any gains are subject to DIRT (If applicable)
Closing Date: 16th March 2018
Minimum Investment: €25,000
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Broker Solutions: Kick out Bond 7 (Oil Theme)
Underlying investment: 3 Oil Stocks
- Statoil
- ENI
- BP
Investment Return: Investors in the Bond benefit from a potential return of 10% pa after 12 Months and a potential 5% every 6 months thereafter if all 3 stocks are above the Auto-call barrier of 90% of Opening Level. The earliest call date is on the 1st Anniversary, Semi-annually thereafter until the product has Auto-call or max 5 years.
Term: Min term 1 year, Max term of 5 years.
Capital Risk: Investors will receive back their initial capital as long as none of the 3 stocks have fallen by more than 40% at Maturity. If any Index has fallen by 40% or more, Investors will receive back the actual performance of the worst performing Stock.
Investors Benefit from Soft Capital Protection at Maturity provided by BNP Paribas
Counterparty: BNP Paribas
Liquidity: The bond offers Daily liquidity
Taxation: Any gains are liable to Capital Gains Tax (CGT)
Closing Date: 16th Feb 2018
Min Investment: €25,000
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Cantor Fitzgerald: Euro Financials Kick-out Bond 3
Underlying investment: 4 European Blue Chip Stocks
- BNP Paribas
- Societie Generale
- ING
- Banco Santander
Investment Return: Investors in the Bond benefit from a potential return of 10% pa (5% Semi Annually) if all 4 stocks are above the Auto-call level. The Auto-call level is set at 90% of the opening level. The first auto-call date is at the 1st anniversary and Semi-annually thereafter.
Term: Min term 1 year, Max term of 5 years.
Capital Risk: Investors will receive back their initial capital as long as none of the 4 stocks have fallen by more than 50% at Maturity. If any stock has fallen by 50% or more, Investors will receive back the actual performance of the worst performing stock. *However if any one of the 4 stocks finish above their opening level then Investors will receive back 100% of their initial Investment.
Investors Benefit from Soft Capital Protection at Maturity provided by Societie Generale
Counterparty: Societie Generale (Moodys A2, S&P A, Fitch A+)
Memory Feature: Yes
Liquidity: The bond offers Daily liquidity
Taxation: Any gains are liable to Capital Gains Tax (CGT)
Closing Date: 16th Feb 2018
Min Investment: €20,000
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Blackbee: Dynamic European Equity 5
Underlying investment:
- Estoxx 50 Decrement 5% Index
Step Down Feature: Investors in the Bond benefit from a potential return of 7% pa if the Index is above the Auto-call level. The Auto-call level is set at 100% at year 1 and “steps down” at a rate of 5% pa thereafter to its lowest level of 80% in year 5.
| Observation Dates | Step Down (% of Initial Levels) |
| 1 year | 100% |
| 2 years | 97.5% |
| 3 years | 95% |
| 4 years | 92.5% |
| 5 years | 90% |
| 6 Years | 87.5% |
Term: Min term 1 year, Max term of 6 years.
Capital Risk: Investors will receive back their initial capital as long as the Index has not fallen by more than 45% at Maturity. If the Index has fallen by 45% or more, Investors will receive back the actual performance of the Index.
Investors Benefit from Soft Capital Protection at Maturity provided by EFG International
Counterparty: EFG International
Liquidity: The bond offers Daily liquidity
Taxation: Capital Gains Tax (CGT)
Closing Date: 14/3/2018
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Broker Solutions: Fixed Return Bond
Underlying investment: 4 Leading Indices
- Estoxx 50 Index
- S&P 500 Index
- FTSE 100 Index
- Nikkei 225 Index
Investment Return: Fixed Annual coupon of 4.05% paid each year regardless of performance of underlying Indices.
Conditional capital protection barrier at 65% of opening level. Investors will receive back their Initial Capital in the event that none of the 4 Indices have fallen by 35% or more at Maturity. Soft Capital Protection at Maturity provided by BBVA
Term: Fixed term of 6 years.
Counterparty: BBVA
Liquidity: The bond offers Daily liquidity
Taxation: Any gains are liable to Income Tax (if applicable)
Closing Date: 16th Feb 2018
Minimum Investment: €25,000
Risk Level = 3
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Cantor Fitzgerald: European Blue Chip Kick out 6
Underlying investment: 4 European Blue Chip Stocks
- Airbus
- Anheuser Busch
- Danone
- Total SA
Investment Return: Investors in the Bond benefit from a potential return of 11% pa (4.5% Semi Annually) if all 4 stocks are above the Auto-call level. The Auto-call level is set at 90% of the opening level. The first auto-call date is at the 1st anniversary and Semi-annually thereafter.
Term: Min term 1 year, Max term of 5 years.
Capital Risk: Investors will receive back their initial capital as long as none of the 4 stocks have fallen by more than 50% at Maturity. If any stock has fallen by 50% or more, Investors will receive back the actual performance of the worst performing stock. *However if any one of the 4 stocks finish above their opening level then Investors will receive back 100% of their initial Investment.
Investors Benefit from Soft Capital Protection at Maturity provided by Societie Generale
Counterparty: BNP Paribas (Moodys Aa3, S&P A, Fitch A+)
Memory Feature: Yes
Liquidity: The bond offers Daily liquidity
Taxation: Any gains are liable to Capital Gains Tax (CGT)
Closing Date: 16th Feb 2018
Min Investment: €20,000
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BCP: Deposit Outperformance Bond 12
The BCP Deposit Outperformance Bond 12 offers 100% capital returned at maturity with ‘A’ rated Goldman Sachs International Bank as the Deposit Taker. This product is designed to generate potential returns in excess of bank deposit rates. This is the only 100% capital protected deposit bond available in the Irish market.
Underlying investment: 3 Global Investment Funds:
- PIMCO Global Investor Series (GIS) Income Fund
- Old Mutual Global Equity Absolute Return (GEAR) Fund
- Jupiter Dynamic Bond Fund
Investment Return: 100% capital Security plus 50% participation in the performance of the Underlying Funds
Capital Protection: Capital Security is provided by Goldman Sachs Intl ( S&P A+, Fitch A, and Moody’s A1 )
Availability: Open to Personal Investors, Pension, ARF/AMRF, Friends First, Corporate & Charities.
Term: Fixed Term of 6 years with no early Access
Taxation: Any gains are liable to DIRT (if applicable)
Closing Date: 9th March 2018
Liquidity: No withdrawals are permitted during the term of the Product.
Minimum Investment: €50,000
Deposit Guarantee Scheme: Investments are Eligible under the UK Deposit Protection Scheme, the Financial Services Compensation Scheme (FSCS), with up to €100,000 per person covered under the Scheme
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Blackbee: Gold Twin Win 21
Underlying investment: 2 Gold Related Stocks:
- Yamana Gold
- New Gold
Investment Return: The Investment provides for potential 6.25% return every 6 months (12.5% p.a.) if both Underlying Stocks finish at or above initial starting levels. If both stocks are above their Initial level on any of the 6 month anniversary dates then the product will mature early.
Twin Win Feature: If the product does not mature early, a return of 18.75% is payable at Maturity if both of the Underlying Stocks close higher than 60% of initial starting level.
Risk: At Maturity, if one of the stocks is lower than the 50% Barrier level (equivalent to a 50% fall), then initial capital is reduced by the negative performance of the worst performing stock.
Term: Min term 6 months, Max Term 3 years.
Counterparty: Exane Finance
Taxation: Any gains are liable to Capital Gains Tax (CGT)
Closing Date: 14/3/2018
Minimum Investment: €25,000
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Barry Kerr BBS QFA CFP® is the owner of Wealthwise Financial Planning, Block C, Hartley Business Park, Carrick on Shannon, www.wealthwise.ie. Wealthwise Financial Ltd T/A Wealthwise Financial Planning is Regulated by the central Bank of Ireland. All details and views contained within this article are for informational purposes only and does not constitute advice. Wealthwise Financial Planning makes no representations as to the accuracy, completeness or suitability of any information and will not be liable for any errors, omissions or any losses arising from its use.
