METEOR Asset Management has unveiled the second plan in its Prima range of structured products, offering improved returns than on the earlier version.
It has a six year term and returns are linked to the performance of the FTSE 100 and Nikkei 225 indices. It will kick out on the first year, paying 14pc, if both indices are at or above their opening levels. If one of the indices is below the starting level the plan runs into year two, where after a further 12 months if the indices are at or above their starting level it will pay 28pc. If it ran into the next year it would pay 42pc, in year four would 56pc, year five 70pc and year six 84pc. Capital is at risk if one or both of the indices falls below 50pc of its opening level and ...
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