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Meteor Asset Management – Protected FTSE Plan 2

Meteor Asset Management – Protected FTSE Plan 2

Type: Guaranteed equity bond

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

Minimum-maximum investment: £10,000-no maximum, Isa £7,200, £10,200 for the over 50s

Term: Six years and two weeks

Return: 45% of the original investment

Guarantee: Original capital returned in full at the end of the term regardless of the performance of the index

Closing date: April 27, 2010 , April 14, 2010 for Isa transfers, April 1, 2010 for Isas in 2009/10 tax year

Commission: Initial 3%

Tel: 020 7904 1010

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Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. this 45% coupon is contingent with the FTSE being at or above its initial level.

    Return: 45% of the original investment at the end of the term regardless of the performance of the index – this is wrong

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