Minimum investment £10000
The Causeway Securities Three Stock Defensive 90% Kick-Out Plan – December 2025 (BNP-07) is a maximum 5 year investment offering a potential return of 16.2% p.a. for each year that has elapsed since the Start Date. However, the Plan has the potential to mature early (kick-out) from year one, and annually thereafter.
Important: The closing date for applications by cheque is 05 December 2025 and by bank transfer is 09 December 2025.
The closing date for ISA transfer applications is 25 November 2025.
Product Literature And Forms
You should always read the relevant plan brochure and any other plan documentation, for full details of the plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions, there are other important documents, including a Key Information Document (‘KID’), that you should consider before deciding to invest in the plan.
If you do not fully understand the risks or are unsure as to the suitability of the investment, please contact us.
How To Invest?
Applications for the Plan must be submitted via Best Price Financial Services and received by 5pm on 09 December 2025 for bank transfer applications.
The closing date for applications by cheque is 05 December 2025
The closing date for ISA transfer applications is 25 November 2025.
This will enable us to process your application and forward it on to the structured product provider.
1. Firstly, print off and complete our Appropriate Assessment Questionnaire. All applications require two proofs of identity – see the questionnaire for more information.
2. Next download, print and complete the application form available. Note that product applications will have multiple documents, so please choose the one relevant to you.
3.Place all completed documents – questionnaire, proofs of identity, application form and cheques for payment – in an envelope and post to:
Best Price Financial Services,The Tythe Barn, 5 Eglwys Nunnydd,
Margam, Neath Port Talbot
SA13 2PS
Further Information
The Causeway Securities Three Stock Defensive 90% Kick-Out Plan – December 2025 (BNP-07) is a maximum 5 year investment offering a potential return of 16.2% p.a. for each year that has elapsed since the Start Date. However, the Plan has the potential to mature early (kick-out) from year one, and annually thereafter.
Investment Term: A maximum of 5 years. However, the Plan has the potential to mature early (kick-out) on a semi-annual Observation Date from year one onwards.
Underlying: Apple Inc, Meta Platform Inc and Microsoft Corp.
Kick-Out Feature: If all of the Underlyings close at or above the Kick-Out Barrier on the semi-annual Observation Date, the Plan will kick-out (mature early) and you will receive your Initial Capital plus a return of 16.2% for each year the Plan has existed. The first Observation Date on which an early maturity could be triggered will be 16 December 2026.
Kick-Out Barrier Level: 90%
Capital at Risk Barrier: If on the Final Observation Date, the Closing Level of the worst performing Underlying is less than 60% of its Opening Level (representing a decline of more than 40% from the Opening Level), your Initial Capital will be lost at a rate of 1% for every 1% that the Final Level of the worst performing Underlying is below its Opening Level.
Counterparty Risk: The Counterparty of the Securities is BNP Paribas. If the Counterparty were to fail or become insolvent, you could lose some or all your investment and any return that may be due, irrespective of the performance of the Underlying.
Early Withdrawal: If you need to withdraw your Investment in the Plan before the Maturity Date, you may receive back less than you invested.
Issuer of Securities: BNP Paribas Issuance B.V. is the Issuer of the Securities and the Counterparty is BNP Paribas. They have not prepared this document and therefore accept no responsibility for its contents, nor any liability for any losses in connection with the information contained herein.
Potential investors should note that in purchasing any product described in this document, you will be purchasing from Causeway Securities as principal and not as agent for BNP Paribas or any of its affiliates. You therefore will not have any contract with BNP Paribas or its affiliates. BNP Paribas and its affiliates specifically disclaim any liability for any direct, indirect, AGENCY Moody’s Standard and Poor’s consequential or other losses or damages including loss of profits incurred by you or by any third party that may arise from any reliance on this document.
Causeway Securities have prepared this document and accepts responsibility for its contents. For more information on the Issuer of the Securities and/or Counterparty, please visit their website www.bnpparibas.com.
What Are The Risks Of The Plan?
As with all forms of investment there are risks involved. These plans do not guarantee to repay the money invested. The potential returns of the plans and repayment of the money invested are dependent the level of the underlying asset(s) or index / indices to which the return is linked and also on the financial stability of the Issuer and Counterparty.
Past performance is not a guide to future performance and may not be repeated. Investment involves risk. The performance data does not take account of the commissions and costs incurred on the issue and redemption of shares. The value of investments and the income from them may go down as well as up and investors may not get back any of the amount originally invested. Because of this, an investor is not certain to make a profit on an investment and may lose money. Exchange rate changes may cause the value of overseas investments to rise or fall.
The promotion of the plans does not constitute ‘advice’ to invest. Advice is always specific to an individual investor’s circumstances and needs, following the process of ‘know your customer’, with the aim of ensuring that any product is suitable for an investor.
As always, the recommendation and common-sense approach is to consider product solutions as a portfolio, never over-exposing oneself to a point of financial pain and suffering liquidity or counterparty over exposure.
