View more on these topics

Meteor Asset Management – Prima Growth Plan 20

Meteor Asset Management – Prima Growth Plan 20

Type: Capital-protected bond

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

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

Term: Six years and two weeks

Return: 9% at the end of year one provided the index is at or above its initial value, 18% at the end of year two, 27% at the end of year three, 36% at the end of year four, 45% at the end of year five or 54% at the end of year six

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

Closing date: June 30, 2010

Commission: Initial 3%

Tel: 020 7904 1010

Recommended

SEI currently sees no value in alternatives for new Moms

The strategic manager of managers portfolios that SEI Investments recently launched on the Cofunds platform do not invest in alternative assets as the multi-manager feels they do not add value above the existing assets it holds The seven Dublin-based strategic risk-graded portfolios range from defensive to aggressive strategies. The lower-risk funds prioritise capital preservation while […]

Whitten quits First State for career break

First State head of global res-ources David Whitten is leaving the firm after 13 years to take a career break. Whitten joined First State in 1997 as part of the firm’s first move into the global resources market and launched both wholesale and retail funds. He managed the £698m glo-bal resources fund from its launch […]

2

Sipp client caught in tax trap

A Richard Jacobs Pension & Trustee Services client is trapped in insured funds despite wanting discretionary management because of the increase in the minimum retirement age. HMRC recently confirmed that income-drawdown investors who switch providers or buy an annuity before the age of 55 will face an unauthorised payment charge. This means the Jacobs’ client […]

US equities: opportunities for short sellers expand

Optimism is as American as baseball and apple pie. And since the financial crisis, being optimistic about US equities has paid off: they have outperformed every other major developed market by a comfortable margin. Yet while there remain plenty of good reasons to be optimistic about US equities, Stephen Moore, manager of the Artemis US […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment