Investec launches new collection of Structured Plans

31 August 2010

Investec Structured Products (‘Investec’), the award winning provider, announces the launch of its latest collection of Plans. The full collection of Plans is available until 1 October 2010.

With interest rates continuing to remain at record lows, it continues to be difficult for investors to find attractive returns. Notwithstanding this, Investec's 20th issue of structured retail products offers a variety of choices for investors who look to achieve yields, across a range of risk profiles.

New to Investec’s collection is the ‘range’ Kick-Out as Option 2 on the FTSE 100 Kick-Out Deposit Plan 15. As well as early redemptions offering 5.25% annually where the FTSE 100 from year 2 is greater than its starting level, Option 2 is dependent on the FTSE 100 remaining within a range of plus or minus 20% of its starting level. Investec expects continued strong demand for this deposit Plan from clients looking for competitive returns compared to cash savings accounts. The FTSE 100 Enhanced Kick-Out Plan 15 now has Santander UK added as an additional asset provider offering clients the continued ability to diversify counterparties. Potential annual returns remain at 12% per annum (Investec Version) and 10.25% per annum (Santander UK Version) for launch 20 again with 50% soft protection on initial capital.

Income Plans
The FTSE 100 Bonus Income Plan 10 offers competitive income with base payments of 6.5% for the annual option with 50% soft protection on initial capital. The alternative income Plan is the FTSE 100 Income Deposit Plan 13.

Gary Dale, Head of Intermediary Sales, Investec Structured Products said, "The pricing environment for Structured Products remains challenging especially around income plans which continue to be in high demand. We are continuing to offer two income plans, giving clients a choice of income payments and risk profile. The FTSE 100 Income Deposit Plan is structured as a deposit so capital is fully protected and also covered by the FSCS (subject to eligibility), and the Bonus Income Plan is structured as an investment offering higher annual payments but with 50% soft protection on the capital throughout the 5 year term."

"Kick-out plans across the market continue to be in high demand which is one of the reasons we are continuing to offer two versions, one deposit and one investment. As well as the obvious tax differences clients can choose between full capital protection on the Kick-Out Deposit and 50% soft protection on the Enhanced Kick-Out which continues with 12% pa for launch 20. We are now able to offer our EKO Plan with Santander UK as an additional asset provider with 10.25% pa which further enhances our message around counterparty diversification. Over the past few months we have had large volumes of early maturing kick-outs, so it is important to offer clients an appropriate choice."

Investec Structured Product’s latest collection includes the following Plans:

Deposit Plans
• FTSE 100 Kick-Out Deposit Plan 15
• FTSE 100 3 Year Deposit Plan 20
• FTSE 100 5 Year Deposit Plan 20 (Investec or RBS)
• FTSE 100 Deposit Growth Plan 3 (Investec or RBS)
• FTSE 100 Income Deposit Plan 13

Investment Plans
• FTSE 100 Growth Plan 19
• FTSE 100 Enhanced Kick-Out Plan 15 (Investec or Santander UK)
• FTSE 100 Geared Returns Plan 20
• FTSE 100 Accelerated Growth Plan 20
• FTSE 100 Bonus Income Plan 10

Full Plan details can be found in the Deposit or Investment Collection guides on Investec’s website Download PDFs page.

For further information contact

Citigate Dewe Rogerson:
Alistair Kellie Tel: 020 7282 2850
Jo Skinner Tel: 020 7282 1092
Jamie Brownlee Tel: 020 7282 2858

Investec Structured Products:
Alex Wilson Tel: 020 7597 4471

About Investec Structured Products

Investec Structured Products was voted by IFAs for the second year running as the ‘Best Structured Product Provider 2010’ at the Professional Adviser Awards. In 2009 we won ‘Best Structured Product Provider’ at the Financial Times and Investors Chronicle Investment Awards 2009. We won ‘Best Service to IFAs’ and ‘Best Income Product’ for our FTSE 100 Bonus Income Plan at the PPR Professional Adviser Structured Products Awards 2009. These add to our existing Professional Adviser ‘Best Structured Products Provider’ 2009 voted for by IFAs at the Professional Adviser Awards 2009 and the Professional Adviser PPR ‘Best Income Product’ 2008.

Investec Structured Products is part of the Capital Markets division and a trading name of Investec Bank plc. Investec Bank plc is Authorised and Regulated by the Financial Services Authority and part of the Investec Group of companies (Investec).

Investec is an international specialist banking group that provides a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia as well as certain other countries. The group was established in 1974 and currently has approximately 5,900 employees.

Investec focuses on delivering distinctive profitable solutions for its clients in five core areas of activity namely, Private Client Activities, Capital Markets, Investment Banking, Asset Management and Property Activities.

In July 2002 the Investec group implemented a dual listed company structure with listings on the London and Johannesburg Stock Exchanges. Management and staff own approximately 15% of the equity share capital of the group.

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Investec launches new collection of Structured Plans