Meteor FTSE Enhanced Step Down Kick Out Plan April 2017 (Natixis)

Information

The FTSE Enhanced Step Down Kick Out Plan April 2017 (Natixis) is a maximum six year two week investment offering a potential gross investment return of 6.25% per annum. The capital and investment return are linked to the performance of the FTSE 100 Index.

If, on any Measurement Date before the Final Measurement Date, the Closing Level of the Index is at least equal to its Reference Level, the Plan will kick out (i.e. mature early) and make a gross investment return. If the Plan matures early on any Measurement Date, the gross investment return payable will be 6.25% for each year that the Plan has been in force.

The Reference Levels are as follows: year 2 at 100%; year 3 at 95%; year 4 at 85%; year 5 at 75% and year 6 (Final Level) at 65%.

The first Measurement Date will be two years after the Start Date. If, on a Measurement Date before the Final Measurement Date, the Closing Level of the Index is below its Reference Level, no investment return will be made and the Plan will remain in force.

If the Final Level of the Index is at least equal to its Reference Level, the Plan will make a gross investment return at the Maturity Date equal to 37.5% of the money invested in the Plan. If the Final Level of the Index is below its Reference Level, no investment return will be payable at the Maturity Date.

Please note an additional 0.25% charge will apply to this product if you require paper-based correspondence, rather than online communications from Meteor Asset Management.

Fees for Non-Advised Investments

All non-advised sales carry an arrangement fee of just 0.3%* of your investment. This is the cheapest percentage fee you'll find online, and all designed to help you make the most of your money. To work out the charge for your investment, use our simple calculator below.

*A minimum fee of £50 applies for private investments.

Fees for Advised Investments

If you receive advice in the purchase of your Structured Product then this will incur an arrangement fee, but at just 1.5% this is lower than almost every other provider. Purchasing this way will ensure that you receive help and direction in choosing your plan, making it a good option for investors who are new to Structured Products.

You must download and read the Plan Brochure for a full description of all the benefits and risks involved in the plan, prior to proceeding with your investment.

If you do not fully understand the risks or are unsure as to the suitability of the investment, please contact us