|Closing Date:||April 11th, 2018||ISA Transfers:||March 26th, 2018|
|Start Date:||April 13th, 2018||Maturity Date:||May 7th, 2024|
Potential Gross 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.
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 cost calculator.
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.
The FTSE STOXX Kick Start Plan April 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.