Meteor FTSE Annual Step Down to 80 Kick Out Plan (Natixis) – March 2024 – NA8294

Meteor Structured Product Logo

The Meteor FTSE Annual Step Down to 80 Kick Out Plan (Natixis) is a maximum seven year three week investment offering a potential gross return of 7.5% for each year the plan runs, subject to the performance of the FTSE 100 index.

Repayment of Capital;

You will lose money if the Final Level of the Index is below 65% of its Opening Level. If the Final Level of the Index is at least equal to 65% of its Opening Level you will get  back the amount you invested.

Investment return;

The first Measurement Date will be two years after the Start Date. if the level of the  Index is at or above a defined percentage of its Start Level, the plan will end early and  pay Growth equal to 7.5% of the money invested for every year the plan has been in  force. This is called a Kick Out and the barrier levels are called the Kick Out Barriers.

If the plan never Kicks Out and reaches the End Date, the Index will be measured for  the last time. If the End Level of the Index is at or above 80% of its Start Level, the  plan will pay Growth equal to 52.5% of the money invested, otherwise, no Growth will be achieved.

The Counterparty to this plan is Natixis in its capacity as guarantor to the issuer of the financial contracts, Natixis Structured Issuance SA. If the Counterparty’s ability to pay its financial obligations deteriorates significantly, customers’ money, regardless of how  the plan is performing at the time, will be at risk of not being paid back in full.  Customers will not be entitled to compensation from the Financial Services  Compensation Scheme (FSCS) in this event.

It is Meteor’s understanding that any investment return from a direct investment by  individuals or Trusts into this Plan is expected to be subject to Capital Gains Tax.

Other Key Information

The product is in the form of a debt instrument governed by English law linked to the performance of equity index-linked preference shares issued by Cannon Bridge Capital Ltd., which are in turn linked to the performance of the Underlying(s)

Natixis (Issuer: Natixis Structured Issuance / Guarantor: Natixis)

To provide capital growth in return for the risk of loss of capital. Amounts stated below  are in respect of each Nominal Amount that you invest. Investors should note that the  payments described below are based on the expected value of the preference shares.  Therefore any return you may receive on the product depends directly on the value of  the preference shares. As such, your return is only indirectly dependent on the  Underlying(s).

Autocall Event: if the Underlying Performance is greater than or equal to the relevant  Autocall Barrier Level on any Autocall Valuation Date, the product will be redeemed  early and you will receive, in addition to the Nominal Amount, an amount equal to the  Interest Amount corresponding to the Interest Amount per period on the immediately  following Payment Date. No further payments of principal or interest will be made  following such payment and early redemption.

Redemption amount on the Maturity Date:

If the product is not redeemed early, then you will receive one of the following:

If a Barrier Event has NOT occurred:

– If the Final Underlying Performance is greater than or equal to -20%, you will receive  in addition to the Nominal Amount, the Interest Amount corresponding to the Interest  Amount per period.

– If the Final Underlying Performance is lower than -20%, you will receive the Nominal  Amount.

Otherwise, you will receive an amount equal to the Nominal Amount diminished by an  amount equal to the Nominal Amount multiplied by the absolute value of the Final  Underlying Performance. The amount paid in such case will be less than the Nominal  Amount and you may lose some or all of your capital.

Early redemption and adjustments

The terms of the product provide that if certain defined events, in addition to those  described above, occur (principally but not exclusively in relation to any Underlying, or  the Issuer of the product (which may include the discontinuation of the Issuer’s ability  to carry out the necessary hedging transactions) or the Issuer of the preference  shares), adjustments may be made to the terms of the product to account for the  relevant event or the product may be early redeemed. The amount paid on any early  redemption may be less than the amount originally invested.

This product is intended for retail investors who:

• have capital growth objective

• are willing and able to bear a total capital loss and accept the credit risk of the Issuer and the Guarantor

• have a risk tolerance consistent with the summary risk indicator in the key information document

• have significant knowledge and experience in products such as the one described in  the key information document

• have a minimum investment horizon consistent with the recommended holding period

To gain a full understanding of this Plan it is important that you read the brochure carefully, including the product risks and terms and conditions. If you are unsure about any aspect of this investment product, please seek financial advice to ensure the Plan suits your requirements and overall investment planning.

Moneyworld does not offer investment advice. The information in this brochure does not constitute tax, legal or investment advice. Please read our terms of business before investing

How do I invest?

Print and complete our Appropriateness Assessment Form

Please read about ID Verification & Payment Details

Print and complete the application

Scan and email all documents to or post to – Moneyworld, 34 High Street, High Wycombe, Bucks, HP11 2AG

Application Fee

Our fee is just 0.5%. This can be deducted from the investment or paid directly to us.

Important Plan Dates

Closing Date: 06 March 2024

ISA Transfer closing date: 21 February 2024

Important Documents

> Plan Brochure – FTSE Annual Step Down to 80 Kick Out Plan (Natixis) – March 2024

> Key Information Document

> Order brochure by post

Structured Product Order Form

  • This will help us send the correct application form.
  • This field is for validation purposes and should be left unchanged.

Subscribe to Product Updates

  • This field is for validation purposes and should be left unchanged.

The information provided when subscribing will only be used to provide Structured Product updates. Please view our privacy policy for more information.

Is the Meteor FTSE Annual Step Down to 80 Kick Out Plan (Natixis) right for me?

A typical investor who invests in this Plan will:

Be an Informed or Advanced Investor, with appropriate knowledge and experience of equity- based investments;

 Like investments that provide known returns based on pre-determined market outcomes;

Want the potential to secure an investment return above that available from a  deposit-based investment and acknowledge and accept the level of risk, identified by  the Summary Risk Indicator set out in the Key Information Document (KID);

Be willing and able to tie up their money for the term of the Plan for the objective of  capital growth;

 Accept that they could lose money and be able to afford to do so;

Understand that in the event of a loss that this loss would be at least 35% of the  money they put into the Plan, and could be considerably  more, and in extreme circumstances they could lose all of their money;

Understand that any investment return is dependent on the performance of the  Indices, which is calculated on set dates, and accept they might not get any  investment return at all;

Know that the level of the Index can fall but do not expect the fall to be more than 35% of its Opening Level at the Final Measurement Date;

 Appreciate the importance of having a spread of investments to reduce concentration risk;

 Know and accept that inflation reduces the real value of money and what it can buy;

 Understand that equity markets are affected by economic and political events nationally and globally;

Accept that if the Counterparty defaults they could lose all their money and any investment return and that they would not have any recourse to the FSCS.

An investor will not meet the target market criteria if:

They do not understand how this investment works;

They are unable, or unwilling, to accept the risks associated with this Plan, including the loss of their money;

The Plan does not meet their investment objectives.