View more on these topics

Meteor offers protected commodities portfolio

Meteor Asset Management is offering a commodity-linked investment plan with a choice of capital protection.

Galaxy 6 runs over six years and 14 days and is measured against the performance of a basket of eight commodities – Brent crude, copper, corn, gas oil, Kansas wheat, soybeans, wheat and WTI crude.

There are three options. A capital-protected option offers 140 per cent of the increase in the portfolio plus 100 per cent return of capital.

A super-growth option offers 200 per cent of the increase in the portfolio alongside one-for-one downside exposure based on the average price of the portfolio.

There is also a combined super-growth and capitalprotected option to achieve any level of capital protection between zero and 100 per cent, depending on risk.

The opening level will be based on close of business on July 23, 2008.

Minimum investment is 10,000, with 5,000 each in the combined capital protected and super-growth option. Commission is 3 per cent.

Recommended

Close makes 6.4m profit on Grosvenor

Close Ventures has made a 6.4m profit after disposing of its 49 per cent stake in occupational health service provider Grosvenor Health Group.

Turning the tables

The FSA is considering compiling a league table based on banks’ complaint-handling procedures and publishing the number of complaints that banks and financial services companies receive.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com