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JAC Jap.Acc.Rtn.Ii

23.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Close Fund Port. Ii Pcc Investors - JAC

Close Fund Port. Ii Pcc Investors - JAC

Share Name Share Symbol Market Stock Type
Jap.Acc.Rtn.Ii JAC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 23.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
23.00 23.00
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Posted at 16/7/2008 12:34 by jonwig
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The investment objective of the Japanese Accelerated Return Fund II is to provide investors with five times the growth of the Nikkei 225 Index,
up to a maximum capital repayment of 180 pence, over the six year period to 21 December 2011, combined with a high level of capital security, subject to any unforeseen circumstances.

The Shares will offer full capital protection unless the Nikkei 225 Index has closed down more than 50 per cent from its starting value (ie below 7,978.79) during the term AND fails to recover to its starting value. In this case, the return on the Shares will be the same as the return on the Index. If the Index subsequently recovers and rises above its starting value, the Shares will still offer five times the growth of the Nikkei 225 Index, again up to a maximum capital repayment of 180 pence.

The official closing level of the Nikkei 225 Index as at 30 June 2008 was 13,481.38. If the Index closed at this level on 21 December 2011, the redemption price (ending share price) would be 100 pence.

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