A maximum 6 year, 2 week structured investment plan, offering a potential 10% pa gross return, provided the FTSE and EURO STOXX are at or above a reducing reference level.

Key Dates

Closing Date: April 11th, 2018 ISA Transfers: March 26th, 2018
Start Date: April 13th, 2018 Maturity Date: May 7th, 2024
Important: The closing date for applications by cheque is April 2nd, 2018 and by bank transfer is April 8th, 2018.
Please note: This plan is available on an advised basis only. If you are interested in this plan, please telephone us on 01639 860 111 to arrange a free consultation.

Key Terms

Potential Return: 10% per annum

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 may lose some or all of the money if the Final Level of the Index 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 Index is below its Opening Level.

How to invest

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

3 The completion of a risk profiler -
which will help to measure your attitude to risk.

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.

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. All advised investments carry a minimum charge of £300.

How much does it cost to invest?

A minimum fee of £300 applies for ISAs, ISA transfers and Direct cash investments.

Further Information

The FTSE STOXX Defensive Kick Out Plan April 2018 is a maximum six year two week investment offering a potential gross investment return of 10% per annum. The capital and investment return are linked to the performance of the FTSE 100 and EURO STOXX 50.

If, on any Measurement Date before the Final Measurement Date, the Closing Levels of both Indices are at least equal to their respective Reference Levels, the Plan will kick out, i.e. mature early, and provide an investment return. If the Plan matures early on any Measurement Date, the gross investment return amount payable will be 10% of the money invested for each year that the Plan has been in force.

If, on a Measurement Date, before the Final Measurement Date, the closing evels of one or both Indices are below their Reference Levels, no investment return will be made and the Plan will remain in force.

The Reference Levels are as follows: year 1 at 100%; year 2 at 100%; year 3 at 100%; year 4 at 95%; year 5 at 90% and year 6 (Final Level) at 85%.

The first Measurement Date will be one year after the Start Date. If an early maturity is not triggered on a Measurement Date, the Plan will remain in force until at least the next Measurement Date. In the event an early maturity is triggered, the gross investment return payable will be: 10% at year 1; 20% at year 2; 30% at year 3; 40% at year 4; and 50% at year 5.

If the Plan has not matured early and the Closing Levels of both Indices on the Final Measurement Date (the Final Levels) are at least equal to their Reference Levels, the Plan will provide an investment return at the Maturity Date equal to 60% of the money you invest. If the Final Levels of one or both Indices are below their Reference Levels, 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.