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Meteor Asset Management – FTSE Quarterly Defensive Plan 2

Meteor Asset Management – FTSE Quarterly Defensive Plan 2

Type: Capital-protected bond

Aim: Growth linked to the performance of five FTSE 100 companies in different sectors – HSBC Holdings, Royal Dutch Shell, Tesco, BHP Billiton and GlaxoSmithKline

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

Term: Five years and two weeks

Return: Growth of 3.75 per cent for each quarter the plan is invested plus 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: October 19, 2011 for bank transfers, October 14, 2011 for cheques, October 7, 2011 for Isa transfers

Commission: Initial 3%

Tel: 020 7904 1010

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