Meteor Prima Plus Plan

2.50% Discount

Applications must be posted to Moneyworld and arrive at least three days before the official closing date to guarantee delivery to the Investment Company before close of business.

 

Download Brochure

Key Dates

General Application Form

Plan Closes: 29 August 2008

ISA transfers application form

Last Transfers: 22 August 2008

Application form for pension schemes  
Trusts, Companies and Partnership application forms  
FSA 'Capital at Risk Product' Brochure Order literature by post

Plan Summary

• Investment returns linked to the performance of the FTSE 100™ and DJ EuroStoxx50™  
• No Index growth required to achieve quoted returns  
• Early maturity will be triggered as long as the levels of both Indices are at or above their Opening Levels at any anniversary date
100% capital return provided neither Index is more than 50% below its opening level on 5 September 2018
 

Key Facts

Investment Term: 10 years and 14 days, with the potential for early maturity. Maturity will be triggered if the levels of both Indices are at or above their Opening Levels on an anniversary date of the Plan.
Availability:   As direct investments, stocks and shares ISAs, ISA transfers (including former PEPs), and for pension funds, trustees and companies.
Indices FTSE 100™ & DJ EuroStoxx50™
Investment Return 15% per annum (simple) for each year the Plan is in force, so the returns at each possible maturity date would be 15% (end of year 1), 30% (end of year 2), 45% (end of year 3); 60% (end of year 4); 75% (end of year 5); 90% (end of year 6); 105% (end of year 7); 120% (end of year 8); 135% (end of year 9);or, if the plan runs the full 10 year term, and the Index Levels are at or above their Opening Level, 150%.

If the Index Levels are below their Opening Level no investment return will be payable.
Capital Return  Capital will be returned in full unless the plan runs for the full 10 year term, and on the final measurement date the close of business level of one, or both Indices is more than 50% below its Opening Level. If this happens capital will be reduced by 1% for each 1% the Final Level is below the Opening Level of the lower of the two indices. Please see the brochure for a full explanation of the calculation, plus examples.
Counterparty Risk The issuer of the assets will have a current rating from Standard and Poors, or a similar rating agency, of at least A+. While we consider it unlikely that such an institution would be unable to meet its obligations, if it were unable to do so, investors could lose some, or all, of their investment. Counterparty risk is common to all similar investments
Tax Under current tax legislation gains on assets held in an ISA will be free from any tax, while gains on direct investments will be subject to Capital Gains Tax.
Interest Interest will be credited at 3.5% on subscriptions received and held in our client account up to the investment date.
Charges There are no initial or ongoing charges. Charges are included in the pricing of the investment.

Early encashments and transfers during the investment term will be subject to an administration charge.
Securities Securities will be structured to provide the returns shown in the plan brochure, and purchased for each investor. These may be notes, warrants, shares or deposits depending on the nature of the investment.

Best discount on ISAs, Unit Trusts and OEICs