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Investec Structured Products  – FTSE 100 Defensive Returns Plan 1

Investec Structured Products  – FTSE 100 Defensive Returns Plan 1

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 index, with counterparty risk spread across HSBC Bank, Nationwide Building Society, Santander UK, Royal Bank of Scotland and Lloyds TSB BAnk

Minimum-maximum investment: £1,500-£1m, Isa  £11, 280

Term: Six years

Return: 100% of the growth in the index at the end of the term plus capital or 100% of the fall in the index at the end of the term, capped at 50 per cent of the original investment, plus capital

Protection: Original capital returned in full at the end of the term provided the index does not fall by more than 50% at the end of the term, based on averaging in the final six months

Closing date: May 18, 2012, May 4, 2012 for Isa transfers

Commission: Initial 3%, initial 2% plus 0.75 renewal or initial 1%

Tel:020 7597 4065

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