The snapshot valuation summary allows investors to view what their investment is currently worth, what circumstances, if any, could cause their capital to become at risk and what potential payout they could get at maturity.
Potential maturity figures do not take into account subsequent price movements but assume an initial investment of £10,000 and are based on the assumption that the index or asset to which each investment is linked will at matur- ity have remained static since December 31, Barclays Wealth’s last valuation date.
The summary shows how the underlying index or asset of each investment has performed since start date and features the price of each investment at the latest valuation date, including previous dates where appropriate.
It includes the potential maturity price and payout and, where relevant, also shows the underlying percentage fall that would be required for capital to be at risk.
The document is available online or can be requested in hard-copy format and covers Barclays Wealth’s entire back catalogue of around 300 products. It is issued independently from the firm’s valuation statement which is sent to investors twice a year.
Barclays Wealth director Colin Dickie says: “Transparency and education are key planks of our offering and we understand that investors, particularly in such turbulent markets, are anxious to know how their investments are performing.”
AWD Chase de Vere senior manager Jason Walker says: “As advisers, we have always had to do this research ourselves. You have an original investment value but very often it is difficult to get an indication of where it has got to at a given point. Any back-office system or support is valuable and is a service we would welcome.”