Balanced Savings Plan Issue 21 Summary
| Product | Balanced Savings Plan |
|---|---|
| Channel | Co-operative Insurance Financial Adviser |
| Product Structure | Investment is split between a Fixed Term Deposit and a Guaranteed Savings Bond (Issue 21) |
| Offer period | 24th April 2006 - 9th June 2006 |
| Fixed Term Deposit | 6% gross/AER-Matures in 12 months |
| Guaranteed Savings Bond (Issue 21) Fixed term: | 70% of any average rise in the FTSE 100 index, Nikkei 225 & SMI 16th June 2006 (start date*) - 16th June 2011 |
| Index/ Indices & start level/s * | FTSE 100 (ftse.com) - 5,597.4 Nikkei 225 ( nni.nikkei.co.jp) - 14,879.34 SMI (swx.com) - 7,294.55 |
| Total investment | Minimum deposit £3,000. Maximum deposit £1,000,000. Original deposit is split equally between the two accounts. |
| Withdrawals | Not permitted |
* This is the date that your Bond is issued on and it acts as the ‘start date’ for the fixed term period. On this date, at the close of business, we record the level of the Index/ indices that the bond is linked to. This reading is known as the start level.
