|Closing Date:||29 May 2018||ISA Transfers:||15 May 2018|
|Start Date:||31 May 2018||Maturity Date:||21 June 2024|
Potential Return: 14% first year
Investment Type: Auto-Call/Kick-Out
Product Type: Capital at Risk
Investment Term: Maximum 6 years
Minimum Investment: £5,000
Underlying Asset: FTSE 100 Index and EURO STOXX 50
Capital Protection: This is a capital-at-risk product and the investor will lose money if the Final Level of one or both Indices is below 60% of its Opening Level. In this case, the reduction in the money invested in the Plan at the Maturity Date will equal the same percentage that the Final Level of the lower performing Index is below its Opening Level.
1 Call 01639 860 111 for a free initial consultation over the telephone
Following the free initial consultation, if you wish to progress the process of the product purchase, the regulatory process of ‘advice’ must commence.
2 The completion of a financial review –
which will confirm details of your income/capital and investment needs and experience
This process will enable ‘advice’ to be provided in relation to the suitability of the product to meet with your needs. The fee for this service and process is 1.5% (subject to a minimum fee of £300) for focused advice – which is focused and narrowed to the suitability of the structured product you want to purchase.
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. All advised investments carry a minimum charge of £300.
The FTSE STOXX Kick Start Plan May 2018 is a maximum six year two week investment offering a potential gross investment return of 14% at end of year 1; increasing by 10% per annum thereafter. The capital and investment return are linked to the performance of the FTSE 100 Index and the EURO STOXX 50 Index
If on any Measurement Date before the Final Measurement Date, the closing levels of both Indices are at least equal to their Opening Levels, the Plan will mature early and make an investment return.
If the Plan matures early on a Measurement Date, the gross investment return payable will be: 14% at year 1; 24% at year 2; 34% at year 3; 44% at year 4; and 54% at year 5.
If, on a Measurement Date, the close of business level of one or both Indices is below its Opening Level, no investment return will be made and the Plan will remain in force.
If the Plan has not matured early and the Final Levels of both Indices are at least equal to their respective Opening Levels, the Plan will provide an investment return at the Maturity Date equal to 64% of the money invested. If the Final Level of one or both Indices is below its Opening 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.