Societe Generale has launched the first ever virtual Structured Products Challenge for financial advisers and planners in the UK.
This is your chance to gain a real life experience of researching and managing a portfolio of Structured Products, without risking a penny of your client's money for real.
Everything is designed to be as realistic as possible and to provide an entertaining way to learn more about structured products.
How does the challenge work?
You will be taken on a tour of structured products history. The game starts in 2004 and progresses by a year each week. Plans are based on real structures, and use historic pricing to keep conditions as realistic as possible
At the start of the challenge, you will have £50,000 in virtual funds to invest across the first tranche of UK Four Investment Plans. Each Monday morning the game will move on a year, maturing plans will pay out, and you will be offered a selection of new plans with new dates and rates. The skill is choosing when to invest and what to do with any profits when they pay out. You can sit on your hands and still earn a return on the cash held.
What can you win?
As Worldwide Partner to Rugby World Cup 2015, Societe Generale is offering you the chance to win one of 20 Rugby World Cup 2015 prizes. The contestant with the highest overall return on 29 June will win the ultimate rugby prize weekend with hotel, dinner and tickets for two to see England v Australia at Twickenham on 3 October.
But it is not just the overall winner that takes home a prize. There are prizes for the top 20 portfolios of the competition:
• First Prize The ultimate Rugby World Cup 2015 weekend for two - includes Michelin-star dinner, two nights in a 5* London hotel and tickets to see England v Australia at Twickenham on 3 October
• Second Prize Top class dinner, luxury hotel and tickets for England v Uruguay at the Manchester City Stadium on 10 October for two people
• Third Prize Dinner, tickets and hotel for Ireland v Italy at the Olympic Stadium on 4 October
• Prizes 4 to 13 Signed Rugby World Cup 2015 merchandise
• Prizes 14 to 20 Rugby World Cup 2015 goodies
Earn CPD hours just for playing
If the prizes aren't reason enough to join in, the challenge website is CPD-accredited, so you can earn valuable CPD hours just for taking part. There are a number of guides to help you get to know the plans better and to learn more about the main structures used in the IFA marketplace.
UK Four Investment Plans
Societe Generale's range of UK Four Investment Plans include a range of Kick Out Plans and Growth Plans linked to the performance of the FTSE 100 Index, or a combination of the FTSE 100 Index and either the Euro STOXX 500 or S&P 500 Index. They have a six-year investment term and offer investors the opportunity to secure a capital growth payment at maturity, or in the case of Kick out plans; earlier if certain conditions are met.
The big difference with UK Four Investment Plans is that instead of being exposed to the Counterparty Risk of Societe Generale as the issuer of the securities, UK Four plans spread the investment risk across four major UK institutions: Aviva, Barclays RBS and Lloyds. This way only 25% of an investor's capital is at risk should any one of the UK Four default or become insolvent. You can find out more about the current offer at www.sgifa.co.uk.
Register now
The challenge will run from 13 April to 29 June and you can register at any time from 23 March. Visit www.challenge.societegenerale.co.uk for more information.
RISK WARNING: Structured Products are not suitable for everyone. Investors should be prepared to commit their capital for the full investment term. Capital is at risk and performance is dependent on one or more underlying indices.
THIS COMMUNICATION IS FOR FINANCIAL ADVISERS IN THE UK. This advert is issued in the UK by the London Branch of Societe Generale. Societe Generale is a French credit institution (bank) authorised by the Autorité de Contrôle Prudentiel et de Résolution (the French Prudential Control and Resolution Authority) and the Prudential Regulation Authority and subject to limited regulation in the UK by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request.
