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Is this product right for
you?
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The ZELGA
could be right for you if:
• you’re happy to tie up your money for five years
• you want assurances that you won’t lose any of your money
if the index falls
• you’re nervous about investing directly in stocks
and shares
• you’re looking for a return that is potentially better
than you can get from a traditional bank or building society
account
• you want to use your Cash ISA allowance for this tax year
and/ or transfer the cash element of an ISA currently held
with another provider. |
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The ZELGA won’t be right for
you if:
• you might need your money within five years
• you want regular access to your money
• you want to invest directly in shares and receive
dividends
• you want to be certain of receiving at least some return
on your money.
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Important things to
know
• Before deciding how much to save, remember that the
account runs for five years from 8 July 2010 to 8 July
2015. You won’t be able to withdraw your money during
the term of the account. However, if part of your money
is held in a Cash ISA then you can access just this
part. For any SIPP, SSAS deposits and those made by life
assurance companies, withdrawals may be permitted at the
discretion of the Bank. There will be a fee applicable
for all withdrawals made, which could be substantial.
(See Clause 4 and 28 of the Key features and terms and
conditions for full details of fees.)
• Please note that putting your money into the ZELGA
does not entitle you to any dividends from the shares in
the companies making up the Index.
• The ZELGA is a secure home for your money. It offers
the same level of capital protection as any other UK
bank or building society deposit account. In addition if
for any reason Dunbar Bank can’t meet their obligations
to you this type of account is covered by the Financial
Services Compensation Scheme and your eligibility for
compensation will be determined by the rules of the
scheme. Further information on this scheme can be found
on their website
www.fscs.org.uk
• Whilst you will get your deposit back (less any
withdrawals from the Cash ISA option), any inflation
will have eroded its value and you may have earned more
interest by placing your money in a traditional bank or
building society account over the same period.
• The potential interest available from the ZELGA may be
less than that available from a base rate linked account
ie. a standard bank/building society account, over the
same period depending on market conditions.
Please refer to the Brochure and the Terms & Conditions for full
details.
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