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| Key Dates | ||
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Plan Closes: 06 August 2010 |
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| Download Base Prospectus |
Last ISA Transfers: 23 July 2010 |
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| Download Final Terms | ||
| Download Direct Investment Application Form | ||
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Plan Summary
The Real Growth Plan is an investment designed to offer investors either the positive growth of the FTSE™ 100 Index (the “Equity Index”) or inflation as measured by the UK Retail Prices Index (the “Inflation Index”; together, the “Indices”), whichever is greater. The Plan pays no income during the Investment Term. Instead, at Maturity it will pay any growth in the FTSE™ 100 Index, or the growth in the UK Retail Prices Index, whichever is greater. Capital is at risk, You may get back less than you invested if the Equity Index closes at or below 50% of its Initial Index Level on any trading day during the Investment Term and is still below its Initial Index Level on the Investment End Date. See pages 9 to 11 of the Specific Terms Brochure for details of your potential returns. The return of your Capital is also dependent on the financial strength of the Issuer - if the Issuer becomes bankrupt before the Maturity Date, you will lose most or all of your Capital, and may not be able to claim under the Financial Services Compensation Scheme. Returns treated as capital gains The returns are expected to be treated as capital gains, and subject to Capital Gains Tax, under current tax legislation. See the section titled “Taxation” on page 15 of the brouchure for further details. Your money is invested in securities of the Issuer, not directly in the Index The Real Growth Plan will invest in warrants of the Issuer, which are listed on the Luxembourg Stock Exchange, and are a form of loan from you as an investor to a single financial institution, UBS AG. The Plan does not invest directly in the shares that make up the Equity Index. This means you will not receive dividends from the shares in the Equity Index, and the return of your Capital depends on the Issuer as well as on the performance of the Equity Index. Your investment is not covered by any guarantee scheme Compensation arrangements under the Financial Services Compensation Scheme are limited to paying claims (for a limited amount only) to cover losses you may incur if you are missold the Plan by your financial adviser or the Plan Manager, or in the case of a loss due to the bankruptcy, fraud or administrative error of the Plan Manager. See page 17 of the brochure for details. |
