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Meteor Asset Management  – Step Down Defensive Kick Out Plan

Meteor Asset Management  – Step Down Defensive Kick Out Plan

Type: Capital protected bond

Aim: Growth linked to the performance of the FTSE 100 and S&P 500 indices

Minimum-maximum investment: £10,000-no maximum, Isa £11,280

Term: Six years and two weeks

Return: 8.5% growth plus capital at the end of year one provided the indices are at or above their initial values, 17% growth plus capital at the end of year two provided the indices are at or above 90% of their initial values, 25.5% growth plus capital at the end of year three provided the indices are at or above 80% of their initial values, 34% growth plus capital at the end of year four provide the indices are at or above 70% of their initial values, 42.5% growth plus capital at the end of year five provided the indices are at or above 60% of their initial values, 51% growth plus capital at the end of year six provided the indices are at or above 50% of their initial values

Protection: Original capital returned in full at the end of the term provided the indices do not fall by more than 50% by the final day of the term

Closing date: July 11, 2012 for bank transfers, July 6, 2012 for cheques, June 30, 2012 for Isa transfers

Commission: Initial 3%

Tel: 020 7904 1010

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