Type of product | Income | |||||||||
Type of return | Investment | |||||||||
Investment term | 5 years | |||||||||
Underlying | FTSE 100 Index and EURO STOXX 50 Index | |||||||||
Counterparty | Morgan Stanley | |||||||||
Promoter | Dura Capital | |||||||||
UKSPA product code | 1290 - Conditional Income | |||||||||
Summary Risk Indicator | 4 | |||||||||
Capital at Risk Barrier | 65% European | |||||||||
S&P Rating | BBB+ (positive outlook) | |||||||||
Fitch Rating | A (positive outlook) | |||||||||
Moody's Rating | A1 (stable outlook) | |||||||||
Important Dates |
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Possible Early Maturity Dates | Quarterly (every March, June, September and December), from the end of the first year onwards. | |||||||||
Start Levels |
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Barrier levels |
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Description | On quarterly dates during the term (the 'Income Dates'), investors will receive income of 1.65% (6.60% p.a.) if both the FTSE 100 and EURO STOXX 50 close at or above 80% of their Start Levels. On the Income Dates from the end of the first year onwards, the Plan will also mature early and repay the Amount Invested if both indexes close at or above 100% of their Start levels. If the Plan matures early, capital is repaid in full. However if the Plan continues for the full term, capital is at risk:
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Contract Details
Cash ISA | Equity ISA | Direct | ISA Transfer | SIPP | |
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Availability | ![]() |
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Minimum contribution | n/a | £3,000 | £3,000 | £3,000 | £3,000 |
* Credit ratings are those of Morgan Stanley, who is the guarantor for the issuer, Morgan Stanley B.V.. They are correct as of the time of launch. ** Minimum contributions do not include any applicable adviser charges. † This plan is available for investment through third party SIPP Providers |
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