INVESTMENT DESCRIPTION
A 4 year 1 week Kick Out Plan linked to the performance of the FTSE 100 Index and the S&P 500.
The Plan is constructed to offer a potential return of 10.70% p.a. If on any annual observation date (starting at year 2), the Underlying indices are at or above their relevant kick out levels the investor will receive 100% of their initial capital plus 10.70% for each year elapsed and the plan will Mature.
At the Final Observation date if either of the Underlying Indices are below 65% of their Initial Level capital return will be reduced on a 1-for-1 basis. For example,
if the worst performing Underlying has fallen to 40% of its initial level, 40% of the capital will be returned. However, if on the Final Valuation Date, both Underlying Indices are at or above 65% of their Initial Level, capital is protected in full.
Capital at risk.
CURRENCY GBP
STRIKE DATE 26/04/2024
ISIN XS2658387662
COUNTERPARTY Goldman Sachs & Co Wertpapier
TYPE Plan
RETURN & BARRIERS
Issuer: Goldman Sachs & Co Wertpapier
Investment Term: 4 years 1 week
Payment Rate: 10.70% per annum
Capital Protection: Your Initial Capital is at risk
MATURITY DATE
26/04/2028