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Meteor Asset Management – FTSE 5 Quarterly Defensive Plan 5

Meteor Asset Management – FTSE 5 Quarterly Defensive Plan 5

Type: Capital-protected bond

Aim: Growth linked to the performance of five FTSE 100 companies in different sectors – BP, GlaxoSmithKline,HSBC Holdings, Marks & spencer and Rio Tinto

Minimum-maximum investment: £10,000-no maximum, Isa £10,680

Term: Five years and two weeks

Return: 4.5% growth for each quarter the plan is invested plus original capital provided all five shares are at or above 85% of their initial values

Protection: Original capital returned in full at the end of the term provided none of the shares falls by more than 50% by the final day of the term

Closing date: April 18, 2012 for bank transfers, April 13, 2012 for cheques, April 5, 2012 for Isa transfers and Isa applications for 2011/12 tax year

Commission: Initial 3%

Tel: 020 7904 1010

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