INVESTMENT DESCRIPTION
This is a 5 year 2 week Deposit Plan linked to the performance of the FTSE 100 Index. The Plan is constructed to offer a potential return of 6.00% p.a.
If on any annual observation date (including the Final Observation date), starting at Year 4, the Underlying Index is at or above its Initial Strike Level, the investment will mature. Initial capital plus the coupon for each annual period which has elapsed is paid and the investment will end.
If the investment does not mature early, then at the Final Observation date if the Underlying Index is at or above the Initial Kick Out Level the Investor receives initial capital plus 6.00% for every year the plan has elapsed and the investment will end. If it is below the Kick Out Level investor will receive 100% of their initial capital upon maturity subject to Deposit Taker Risk.
CURRENCY GBP
STRIKE DATE 11/04/2025
ISIN UKX-CRC-11APR30
COUNTERPARTY RBC
TYPE Deposit
RETURN & BARRIERS
Deposit Taker: RBC
Investment Term: 5 years 2 weeks
Investment Return: 6.00% p.a. if on any annual Observation date, starting at year 4, the Underlying Index is at or above its relevant Initial Strike Level.
Capital Protection: Capital will be returned in full at maturity regardless of the performance of the Index, subject to Deposit Taker Risk.
NEXT POTENTIAL MATURITY DATE
11/04/2029
FINAL MATURITY DATE
11/04/2030