Minimum investment amount
The hop 5Y 3 Stock Lock In Deposit Plan (SG40) is a maximum 5 year investment offering Potential interest of 8% a year (payable at maturity), depending on the performance of three stocks – Tesla Inc, Nestle SA and Nike Inc. This plan is only available on an advised basis.
Important: The closing date for applications by cheque is 11 June 2026 and by bank transfer is 15 June 2026.
The closing date for ISA transfer applications is 05 June 2026.
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?
Please note: This plan is available on an advised basis only. If you are interested in this plan, please telephone us on 01639 860111 to arrange a free consultation.
1. Call for a free initial telephone consultation. If you wish to progress the process of the product purchase, the regulatory process of ‘advice’ must commence.
2. The completion of a financial review – which will confirm details of your income/capital and investment needs and experience.
3. The completion of a risk profiler – which will help to measure your attitude to risk.
This process will enable ‘advice’ to be provided in relation to the suitability of the product to meet with your needs. The fee for this service and process is 1.5% (subject to a minimum fee of £300) for focused advice – which is focused and narrowed to the suitability of the structured product you want to purchase.
Further Information
The hop 5Y 3 Stock Lock In Deposit Plan (SG40) is a maximum 5 year investment offering Potential interest of 8% a year (payable at maturity), depending on the performance of three stocks – Tesla Inc, Nestle SA and Nike Inc. This plan is only available on an advised basis.
Potential Interest: 8% a year, paid as a lump sum when the Plan matures.
Kickout feature: The Plan will mature (kickout) and pay interest once all three stocks have met the ‘Lock In Condition’.
Lock In Condition: The performance of all three stocks is recorded on every Early Maturity Date. If a stock closes at or above the Lock In Barrier on an Early Maturity Date, the Lock In Condition is met for that stock.
Repayment of your deposit: You will be repaid your deposit in full when the plan matures.
Deposit Taker: Societe Generale, London Branch
Tax treatment: You should expect to pay income tax on the interest from your deposit.
This Plan is aimed at investors who are comfortable leaving their money invested for up to five years. They should be looking to receive interest as a lump sum rather than a regular income, and be flexible when that lump sum is paid. They should also be prepared to receive no interest. Please see page 17 of the Brochure (“Who is the Plan appropriate for?”) for more information.
What Are The Risks Of The Plan?
As with all forms of investment there are risks involved.
You must be prepared to leave your deposit invested for the full fixed term otherwise you may get back less than you put in
A standard cash deposit account will repay your deposit in full, regardless of when you withdraw. Structured deposits are different because their value during the fixed term depends on many factors including interest rates, the creditworthiness of the deposit-taker and any ups and downs in the value of the underlying asset or index to which the return is linked. You will get your money back plus the potential returns if you hold your deposit until maturity, but the amount you would get back if you needed to withdraw early may vary significantly and some structured deposit providers may also charge an exit fee for early withdrawal.
There is a risk that you will receive no return on your deposit
For example, if you are promised a return linked to how the stock market performs, and it falls during the fixed term, then your return could be zero (assuming there is no minimum return) so you will just get back your deposit. You must be comfortable that this is a risk you are willing to take, and that receiving no return at all would not cause you financial difficulties. You should also understand how returns are calculated over the period of the product and whether this is based on specific points in time or averaged over the whole term of the deposit.
Inflation could erode the value of your deposit
Inflation is the rise in the price of goods and services over time. It means that your money will be able to buy less in the future than it does today. If you were to put money in a structured deposit and there was high inflation over the fixed term, your deposit at the end of the term would be worth less than it was at the start of the term. Of course, this risk also applies to any savings or investment product that is not inflation-linked.
There are limits on how much you can claim under the Financial Services Compensation Scheme
Structured deposit plans are deposit-based and will usually be fully protected from stock market risk at the end date and benefit from the protection of the Financial Services Compensation Scheme, if the counterparty is a licensed UK deposit taker. The Financial Services Compensation Scheme (FSCS) is the UK’s deposit guarantee scheme. This provides for compensation of up to £85,000 per UK-eligible individual claimant per institution in the event of failure of the counterparty bank or institution for the aggregated amount of all eligible deposits held with them. Please refer to the individual plan brochure for details.
