hop 7Y UK & Europe Monthly Conditional Income 80 Kickout Plan (CIBC16)

Type of product Income
Type of return Investment
Investment term 7 years
Underlying FTSE 100 Index and EURO STOXX 50 Index
Counterparty   CIBC
Promoter hop
UKSPA product code   1290 - Conditional Income
Summary Risk Indicator   4
Income   0.71% a month (8.52% p.a.)
Income Barrier   80%
Kick Out Barrier   100% from Y2 onwards
Capital at Risk Barrier   65% European
S&P Rating A+ (Stable outlook)
Fitch Rating AA (Stable outlook)
Moody's Rating Aa2 (Stable outlook)
Important Dates  
Closing Date ISA Transfer Date Strike Date Maturity Date
17/04/2026 10/04/2026 24/04/2026 25/04/2033
Possible Early Maturity Dates   Annually, from year two onwards
Description Each month during the term (on the 'Income Dates'), investors will receive income of 0.71% if both the FTSE 100 and EURO STOXX 50 close at or above 80% of their Start Levels. 

This plan will also mature early (kick out) on annual dates from the second year onwards, if the FTSE 100 and EURO STOXX 50 close at or above 100% of their Start Levels.

If the Plan matures early, capital is repaid in full. However if the Plan continues for the full term, capital is at risk:
  • If both indexes close at or above 80% of their Start Levels at maturity, investors receive the final income payment and the Amount Invested is repaid in full
  • If both indexes close at or above 65% of their Start Levels at maturity, there is no final income payment but the Amount Invested is repaid in full
  • If at least one index closes below 65% of its Start Level at maturity, there is no final income payment and investors will make a loss. They will lose 1% for every 1% fall in the worst-performing index from its Start Level.

Contract Details

  Cash ISA Equity ISA Direct ISA Transfer SIPP
Availability
Minimum contribution n/a £3,000 £3,000 £3,000 £3,000
* Credit ratings are correct as of 04 March 2026. ** Minimum contributions do not include any applicable adviser charges. † This plan is available for investment through third party SIPP Providers. 

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