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Meteor Asset Management – Prima Growth Plan 14

Meteor Asset Management

Prima Growth Plan 14

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 index

Minimum-maximum investment: £10,000-£2m, Isa £7,200

Term: Six years and two weeks

Return: 13% growth in year one provided index is at or above its initial value, 26% in year two, 39% in year three, 52% in year four, 65% in year five, or 78% at the end of the term

Guarantee: Original capital returned in full provided index does not fall by more than 50% without returning to at least its initial value

Closing date: April 6, 2009, March 27, 2009 for Isa transfers

Commission: Initial 3%

Tel: 0845 009 1805


Active response

It has not gone unnoticed that active management has struggled in recent years – the Investment Management Association UK all companies sector has, for example, underperformed the FTSE All Share by 3.46 per cent in 2007 and 2.29 per cent in 2008 compared with a 10-year annualised return that has been pretty much in line with the market.

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