Pru Fund

The Pru Fund investment plan is a lump sum investment plan that can be used if you want your money to have growth potential or if you are looking for an income*. The fund in which it invests is medium risk and it is designed to be held over the medium to long term. It includes a small element of life assurance and offers tax benefits to those taking an income.

This product is a middle ground for an investor who wants the possibility of better returns than a standard savings account, but who also does not want the risk of direct investment in the stock market.

Additionally with an extra charge, there is a 5 year capital guarantee option, which if taken means no matter what happens you will not lose your initial investment. Also there are no hidden setup charges or fees, 100% of your initial investment will be placed into the fund.***

*** Unless the 3 year early cash-In Charge option is selected.

Features of the Prudential Fund include:

• Minimum investment £5,000 - maximum investment £500,000
• Multi-asset managed fund
• No initial setup charges***
• 100% allocation - all of your initial investment will go into the fund***
• 5 year capital guarantee option
• 5% monthly return of capital option
• 100.1% of investment back, or the amounts invested in your plan reduced proportionately for any withdrawals and or income, if holder dies during investment term.

A key benefit of the Pru Fund investment plan is the wide range of investment areas in which the funds are invested. This helps reduce the impact of the stockmarket ups and downs.

Growth Fund

The information below gives an indication of the mix of the fund and available, based on an investment of £30,000.**

• UK Shares - 34.6% (£10,380)
• Fixed Interest - 27.5% (£8,250)
• International Shares - 17% (£5,100)
• Property - 14.3% (£4,290)
• Cash - 3.4% (£1,020)
• Alternative Assets - 3.2% (£960)

** Source: Prudential as at 31/12/2007. The asset mix is likely to vary in future.

The return on your plans is not guaranteed. The value of your plan may go up and down and there could be times when you may not get back the full amount invested. Full Terms & Conditions are available on request.

If you are interested in this or would simply like to know more then contact us to arrange a no obligation appointment with a Personal Financial Manager from Newcastle Financial Services Limited at a time and place convenient to you.

* Where we mention income we are referring to regular payments you may choose to receive from your PruFund Investment Plan. The impact of taxation (and any tax reliefs) depends on individual circumstances. HM Revenue & Customs may not tax these regular payments as income in the same way that they treat dividends or interest. Of course, taking an income means that the amount in your plan will be reduced, and if you take more income then your plan has grown by, your plan will be worth less than the amount you originally invested.

Newcastle Building Society introduces to NFSL. NFSL is an appointed representative of Openwork Ltd., which is authorised and regulated by the FSA.