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Scottish Life International – Protected With Bonus Bond

Tuesday, 31st October 2000.

Type: Offshore bond.

Aim: Growth by tracking FTSE 100, S&P 500, Euro Stoxx 50, Nikkei 225, and Nasdaq-100.

Minimum investment: £15,000.

Place of registration: Isle of Man.

Guarantee: 95 per cent of capital returned at end of term even if indices fall.

Yield: 95 per cent of capital along with a bonus provided indices have not fallen at the end of each three month period. If one or more index has fallen by up to 5 per cent, a partial bonus is paid. If all five indices fall by more than 5 per cent over the quarter, no bonus is paid.

Isa link: No.

Charges: 0.134 per cent per month over first five years of investment, then annual management charge of 1.25 per cent of investment per year.

Bonus rate: Bonus will fall by 0.2 per cent for every percentage point the stockmarket is down, up to a maximum drop of 5 per cent. On each fifth anniversary, the investment will be increased by 1 per cent.

Commission: Initial 6 per cent.

Tel: 01624 681509.


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