RightTrack Bond Series 4 - Overview
Get your money moving with potential investment growth and full capital security at maturity
You may know what a tracker bond is - but what is a RightTrack bond? The answer is simple. If you want to reap the rewards of potential growth tracking a wide range of some of the biggest companies in Europe, but also want your capital back at maturity, then this bond may be for you.
The RightTrack Bond Series 4 gives you a choice of terms, the potential to make great returns in both the short and long term and most importantly, your initial investment back at the end of your chosen term, regardless of performance.
Option 1
5 Years and 11 Months Term
40% of your funds will be placed in a 4 year Fixed Rate Deposit. 25% of this Fixed Rate Deposit (or 10% of total investment) matures each year paying 5.25% gross / AER* on the balance outstanding.**
Apply on or before 2 July 2010, and we'll give you an additional bonus of 0.50% at the end of year 1, so in year 1 you earn 5.75% gross/AER on the Fixed Rate deposit.
The remaining 60% of your funds will be placed in a 5 year 11month Tracker Bond paying 60% participation in any increase of the RBS European Balanced Sector Index.
Option 2
3 Years and 11 Months Term
20% of your investment will be placed in a 1 year Fixed Rate Deposit paying 5.00% gross / AER*.
Apply on or before 2 July 2010, and we'll increase your 1 year fixed rate interest by a bonus of 0.25%, to 5.25% gross/AER.
The remaining 80% of your funds will be placed in a 3 year 11 month Tracker Bond paying 55% participation in any increase of the RBS European Balanced Sector Index.
Option 3
3 Years and 6 Months Term
100% of your money will be placed in a 3 year 6 month Tracker Bond paying 60% participation in any increase of the RBS European Balanced Sector Index.
Apply on or before 2 July 2010, and you'll earn an additional bonus of 0.25% gross of your initial investment. This is calculated by multiplying 0.25% by the amount invested and will be added to your initial investment and paid at maturity.
Minimum Investment: €3,500
All of this plus your capital is 100% secure at maturity regardless of which term you choose.
Terms and Conditions apply. Please see brochure in branch for further details.
There is no guarantee that this investment will provide a better return than a deposit or that it will provide any level of growth at all.
WARNING: The value of your investment may go down as well as up
Gross is the interest rate paid before the deduction of tax.
*Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.
** Please refer to the key features section for further details.