A maximum seven-year three-week investment offering a potential gross investment return of 9% per annum, for each completed year that the Plan has been in force from year 1. The capital and investment return are linked to the performance of the FTSE 100 Index.
A maximum 7-years 3-week investment offering a potential gross investment return of 7.25% payable for each year the plan has been in force. The first Measurement Date will be on 2 August 2021.
The Meteor UK Defensive Kick Out Plan July 2020 is a maximum seven-year three-week investment with a potential gross investment return of 7% payable for year year in force from year 1.
- Closing Date: Jul 22, 2020
- ISA Transfer: Jul 8, 2020
The Meteor FTSE Semi-Annual Kick Out Plan July 2020 is a maximum eight-year three week investment where if the Closing Level of the Index on any Measurement Date before the Final Measurement Date is 10% or more above its Opening Level the Plan will kick out, i.e. mature early, and make a gross investment return of 5.75% of the money you invest for each half year that the Plan has been in force.
A maximum ten-year three-week investment offering the potential to pay a gross income of 1.75% for that quarter, if the Closing Level of the Index on any Quarterly Measurement Date is at least equal to 80% of its Opening Level, The capital and investment return are linked to the performance of the FTSE 100 Index.
- Closing Date: Jul 15, 2020
- ISA Transfer: Jul 1, 2020
Meteor Asset Management (MAM) is the Plan Manager for all investments in Meteor Structured Products. Meteor's aim is to provide transparency throughout the term of all of plans and products, with a focus on product literature that is clear and enables investors to easily understand each plan.
Their sister company, Meteor Investment Management (MIM) handles all administration and safekeeping of client assets, a responsibility also entrusted to them by a number of other plan providers. Both companies are authorised and regulated by the Financial Conduct Authority.
Meteor Asset Management Limited: Financial Services Register Number 459325. Meteor Investment Management: Financial Services Register Number 496880.
All investments carry risk. It is identifying those risks, understanding how they may affect an investment and assessing whether an investment is suitable for your circumstances that is important.
The potential returns of most structured products and repaying the money invested are usually linked to the level of a stock market index and also depend on the financial stability of the issuer and counterparty bank. You should only consider investing if you understand and accept the risk of losing some or all of any money invested.
You should always read the relevant plan brochure and any other plan documentation, for full details of a plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions there are other important documents, including a Key Information Document (‘KID’), that you should consider, before deciding to invest in a plan.
Structured products should only be considered as part of a diversified and balanced portfolio.
Below is a summary of some of the main risks usually associated with an investment in structured products plans:
Structured Products Investor newsletter
We are also delighted to be able to introduce a new client newsletter, the Best Price FS Structured Products Investor, with the support of Tempo.
Contributing journalists will include the highly respected Financial Times ‘adventurous investor’ columnist, David Stevenson.
The first publication also features an article written by the global head of Tempo, Chris Taylor.