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Quantum PLUS 24 Deposit

Quantum PLUS 24 Deposit offers a fixed rate of interest on 40% of your deposit (Quantum portion) and stock market linked growth potential on the other 60% of your deposit (PLUS portion)

What does it offer me?

 Level of risk:

 

Deposit terms 

Currency:                                   Sterling or US dollar or Australian dollar

Minimum amounts:                     £10,000 or US$15,000 or AU$15,000

Apply before:                              16 May 2019


Term

Quantum portion:                        One year

PLUS portion:                             Five and a half years, and 1 week


Access

No access until the relevant maturity date

29 May 2020 (Quantum portion)

6 December 2024 (PLUS portion)

 

Fixed Interest Return

At the maturity of your Quantum portion after one year, you will receive back your deposit plus the relevant fixed interest rate.

Sterling deposits earn 1.50% AER (1.5000% nominal).

US dollar deposits earn 3.00% AER (2.9508% nominal).

Australian dollar deposits earn 3.00% AER (2.9508% nominal).

 

Market Linked Return

At the maturity of your PLUS portion after five and a half years and one week, you will receive back your deposit plus a percentage of the Market Performance for your chosen index.

75% of the Market Performance for Sterling deposits, linked to the S&P United Kingdom Index.

75% of the Market Performance for US dollar deposits, linked to the S&P 500 Low Volatility Index.

100% of the Market Performance for Australian dollar deposits, linked to the S&P / ASX 200 Index.

 

Key Dates

Start of offer period     18 February 2019

End of offer period      16 May 2019

Start Date                    29 May 2019

Maturity Date               29 May 2020 (Quantum portion)

                                    6 December 2024 (PLUS portion)

Am I eligible?

You can apply for a structured product with Standard Bank if:

You are aged 18 or over

You are able to meet the minimum balance requirement for your choice of account

Customers are required to make the deposit into their call account prior to the sales closing date - 16 May 2019.

 

Quantum PLUS 24 Deposit Brochure


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Offshore Services South Africa
+27 (0) 860 333 383

International
+44 (0) 1624 643643

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