Meteor tranche: Meteor have launched their tranche of plans for January 2021 which are summarised below. All the plans are only available with Advice. The counterparty for these Plans is Credit Agricole Corporate & Investment Bank (Credit Agricole CIB) (the ‘Guarantor’). About Credit Agricole Credit Agricole S.A. operates as a bank holding company. The Company, through its subsidiaries, offers banking and insurance services, as well as designs and manages specialized financial products. Credit Agricole also provides specialized financial services including management and securities, insurance, consumer finance, private banking, and leasing and factoring. The company, which started as an agricultural credit company in 1894, is majority-owned by around 40 French regional consumer banks and together they make up the Crédit Agricole Group. Crédit Agricole SA handles the group’s more advanced banking functions, such as asset management, investment banking, capital market services, insurance, leasing, private banking, and more. It also operates Le Crédit Lyonais (LCL), one of the biggest retail banks in France, and its international arm oversees activities in Italy, Poland, Egypt, and elsewhere. They are capital at risk plans and only available with advice.
Meteor FTSE Kick Out Plan January 2021
Investment Return If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Opening Level the Plan will kick out, i.e., mature early, and make a gross investment return of 7.20% of the money you invest for each year that the Plan has been in force. The first Measurement Date will be on 31 January 2022, one year after the Start Date. If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Opening Level, the Plan will provide an investment return at the Maturity Date equal to 57.60% of the money you invest. If the Final Level of the Index is below its Opening Level, no investment return will be payable at the Maturity Date. Capital Return You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level, you will get back the amount you invested. Meteor tranche click below: For further information please click on the following link: https://bestpricefs.co.uk/structured-products/ftse-kick-out-plan/
Meteor FTSE Daily Kick Out Plan January 2021
If the Closing Level of the Index on 30 January 2023 or any subsequent Business Day before the Final Measurement Date is at least 5% above its Opening Level the Plan will kick out, i.e. mature early, and make a gross investment return based on how long the Plan has been in force. The investment return will equal the number of days since the Start Date divided by 365 and multiplied by 7%. If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least 5% above its Opening Level, the Plan will provide an investment return at the Maturity Date equal to 49% of the money you invest. If the Final Level of the Index is not at least 5% above its Opening Level, no investment return will be payable at the Maturity Date. Capital Return You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level, you will get back the amount you invested. Meteor tranche click below: For further details please click on the following link: https://bestpricefs.co.uk/structured-products/29092020-ftse-daily-kick-out-plan/
Meteor FTSE Quarterly Contingent Income Plan January 2021
Income: If the Closing Level of the Index on any Quarterly Measurement Date is at least equal to 85% of its Opening Level, the Plan will pay a gross income of 1.25% for that quarter. No income will be payable for a quarter if the Closing Level of the Index is below 85% of its Opening Level on the Quarterly Measurement Date. The first Quarterly Measurement Date will be on 29 April 2021, three months after the Start Date. Thereafter, the performance of the Index will be measured quarterly. If the kick-out condition is met (see below), income will be paid in respect of that quarter and the Plan will mature early. No further income payments will then be payable. Kick-out condition: From year 1, the Plan will kick-out, i.e., mature early, if the Closing Level of the Index is at least 5% above its Opening Level on any Quarterly Measurement Date. In this event you would receive a full return of your money, as well as the income due for that quarter. The first Quarterly Measurement Date on which an early maturity could be triggered will be on 31 January 2022, one year after the Start Date. Capital Return You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level, you will get back the amount you invested. For further details please click on the following link: https://bestpricefs.co.uk/structured-products/08062020-ftse-quarterly-contingent-plan/
Meteor FTSE Step Down Kick Out Plan January 2021
If the Closing Level of the Index on any Measurement Date before the Final Measurement Date is at least equal to its Reference Level the Plan will kick out, i.e., mature early, and make a gross investment return of 5.25% of the money you invest for each year that the Plan has been in force. The first Measurement Date will be on 30 January 2023, two years after the Start Date. If the Plan has not matured early, and the Closing Level of the Index on the Final Measurement Date (the ‘Final Level’) is at least equal to its Reference Level, the Plan will provide an investment return at the Maturity Date equal to 42% of the money you invest. If the Final Level of the Index is below its Reference Level, no investment return will be payable at the Maturity Date. Measurement Dates & Reference Levels (% of Opening Level): 30 January 2023: 100%, 29 January 2024: 100%, 29 January 2025: 95%, 29 January 2026: 95%, 29 January 2027: 95%, 31 January 2028: 90% and 29 January 2029 (Final Measurement Date): 85% Capital Return You will lose money if the Final Level of the Index is below 65% of its Opening Level. The amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 65% of its Opening Level, you will get back the amount you invested. For further details please click on the following link: https://bestpricefs.co.uk/structured-products/ftse-step-down-kick-out-plan-bnp/ Don’t Forget the Risks https://bestpricefs.co.uk/meteor-structured-products/#risks As with all forms of investment there are risks involved. These plans do not guarantee to repay the money invested. The potential returns of the plans and repaying the money invested are linked to the level of the stock market and also depend on the financial stability of the Issuer and Counterparty Bank. The promotion of the plans does not constitute ‘advice’ to invest. Advice is always specific to an individual investor’s circumstances and needs, following the process of ‘know your customer’, with the aim of ensuring that any product is suitable for an investor. As always, the recommendation and common sense approach is to consider product solutions as a portfolio, never over-exposing oneself to a point of financial pain and suffering liquid or counterparty exposure. At the Best Price FS price point (when combined with our smiley and helpful service) the Meteor Plans are certainly worthy of consideration for inclusion within investment portfolios. Advice Simply get in touch if you wish to receive regulated advice in relation to the ‘suitability of the plans to meet your investment needs’. Warmest Regards. Best Price FS Team |
