Minimum investment amount £10000
The IDAD Citi US & Europe Defensive Step Down Kick Out Plan 3 – August 2026 is a 5 year 2 week investment offering a potential return of 9.23% p.a. This plan is only available on an Advised basis.
Important: The closing date for applications by cheque is 17 August 2026 and by bank transfer is 19 August 2026.
The closing date for ISA transfer applications is 05 August 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 IDAD Citi US & Europe Defensive Step Down Kick Out Plan 3 – August 2026 is a 5 year 2 week investment offering a potential return of 9.23% p.a. This plan is only available on an Advised basis.
This Plan provides investors with the opportunity to earn 9.23% p.a. if the Underlying Indices remain flat or even fall. If the closing level of any Underlying Index on any observation date (set out below) before the Final Valuation Date is at or above the relevant Kick Out Trigger Level, the Plan will kick out, i.e. mature early and make a gross investment return of 9.23% for each year that the Plan has been in force. The first observation date is the 28th August 2028, 2 years after the Plan Start Date. If the Plan has not matured early, and the closing level of all the Underlying Indices on the Final Valuation Date (the ‘Final Level’) are at or above the relevant Kick Out Trigger Level, the Plan will provide an investment return at the Maturity Date equal to 146.15% made up of 100% of your investment plus a 46.15% return, (5 X 9.23%) of the money you invested.
The opportunity for growth is the key aim of this investment.
The investment is linked to the S&P 500 and the Eurostoxx 50 Indices (see page 8 of the brochure for full details) and investors will benefit from growth or even falling market conditions.
The initial investment into the Plan, minus any initial adviser fee, will be returned in full at maturity providing the Indices are at or above 65% of its Initial Strike Levels. The risk of losing some or all of your capital at maturity is set out in the Plan mechanics on Page 7 of the brochure.
About Citigroup:
Citigroup Global Markets Limited operates as a banking and financial services. The Bank offers personal, retail, corporate banking, as well as wealth management, investment banking, consumer finance,
treasury, and insurance services. Citigroup serves clients worldwide.
Considerations when selecting the deposit taker/issuer:
Fitch, Moody’s and Standard & Poor’s are the main three independent credit ratings agencies that research and grade the ability of financial and other institutions to make the payments due from the Deposit/Plan issued and/or guaranteed by them. Each rating agency describes and names its ratings in a different way. For example, Standard & Poor’s highest possible rating is AAA, followed by AA and A. These three ratings along with their BBB rating are generally regarded as investment grade (i.e. of higher quality). All of these ratings, except the AAA rating, can also be modified by a plus or minus to give a deposit taker’s/Issuers relative status within the grade; for example, A+, A, A- for the A rating.
Citigroup Global Markets have ratings from each of these three agencies as follows:
S&P’s A+/Moody’s A1/Fitch AA- (Source Bloomberg and Plan Termsheet)
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.
