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Key Dates |
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| Download Brochure & Application |
Plan Closes: 28 July 2010 |
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| Order literature by post |
Last ISA Transfers: 21 July 2010 |
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Plan Summary
Morgan Stanley's new Tracker Plus Plan is designed to return 1.25 times any positive FTSE 100 Index growth (without any upper limit) over a 6-year investment term. In addition, there is a unique ‘deceleration’ feature should the index fall. At maturity, if the index has fallen, your investment does not fall by the same amount as the index — instead your investment is only reduced by 1% for each 5% that the index has fallen. • ‘Accelerated’ growth in a rising market: You will receive 1.25 times any positive performance in the FTSE 100 Index over the investment term, without any upper limit. • ‘Deceleration’ feature in a falling market: If the FTSE 100 Index level at maturity is lower than its level at the start of the plan, you will lose some of your initial investment. However, the rate at which your investment value would fall is much slower than the negative performance of the index: your investment loss would only equal 1/5th of any fall in the FTSE 100 Index. For example, if the FTSE 100 Index falls by 50%, your capital repayment would be reduced by 10% (1/5th times 50%). The most you could lose would be 20% of your initial investment - this would happen if the FTSE 100 Index level were to fall to zero. • Your capital is used to purchase securities issued by Morgan Stanley: These securities are a type of ‘corporate bond’, which is essentially a loan to Morgan Stanley that they are obliged to repay to you at maturity. In the event of Morgan Stanley going into liquidation, you may lose all or part of your initial investment. Morgan Stanley has a credit rating of A from Standard & Poor’s at the time of publication. |
