Meteor FTSE Enhanced Step Down Kick Out Plan August 2019

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The Meteor FTSE Enhanced Step Down Kick Out Plan is a maximum seven year three week investment offering a potential gross investment return of 6.25% per annum.

The capital and investment return are linked to the performance of the FTSE 100 Index (‘the Index’).

The Securities for this Plan will be issued by Morgan Stanley & Co International plc.

This is a capital-at-risk Plan and the investor may lose some or all of their money if the  Final Level of the Index is below 65% of its Opening Level. In this case, the reduction  in the money invested in the Plan at the Maturity Date will equal the same percentage  that the Final Level of the Index is below its Opening Level.

If the Closing Level of the Index on any Measurement Date before the Final  Measurement Date is at least equal to its Reference Level, the Plan will kick out, i.e.  mature early, and make a gross investment return of 6.25% of the money invested for  each year that the Plan has been in force.

The first Measurement Date will be on 3 August 2020 one year after the Start Date.

The Reference Levels are as follows: year 1 at 105%; year 2 at 100%; year 3 at 95%;  year 4 at 90%; year 5 at 85%; year 6 at 80% and year 7 (Final Level) at 65%.

If the Plan matures early on a Measurement Date, the investment return payable will  be: 6.25% at year 1; 12.50% at year 2; 18.75% at year 3; 25% at year 4, 31.25% at  year 5 and 37.50% at year 6.

If the Closing Level of the Index on any Measurement Date before the Final  Measurement Date is below its Reference Level, no investment return will be made  and the Plan will remain in force.

If the Final Level of the Index is at least equal to 65% of its Opening Level, the Plan  will make an investment return at the Maturity Date equal to 43.75% of the money  invested in the Plan. If the Final Level of the Index is below 65% of its Opening Level,  no investment return will be payable at the Maturity Date.

It is possible that the Counterparty could collapse or fail to make the payments due  from the Plan. If this happened the investor would lose some, or all, of the money they  invest in the Plan, as well as any investment return to which they might otherwise have become entitled.

It is Meteors understanding that any investment return from this Plan will be subject to Capital Gains Tax.

Other Key Information

English law governed notes

Morgan Stanley & Co. International plc (www.sp.morganstanley.com/eu)

The product is designed to provide a return in the form of a cash payment on  termination of the product. The timing and amount of this payment will depend on the  change in value of the preference shares, which in turn will depend on the  performance of the underlying. The product has a fixed term and will terminate on the  maturity date, unless terminated early. If, at maturity, the underlying has fallen below  the barrier level, the product may return less than the product notional amount or even  zero.

Early termination following an autocall: The product will terminate prior to the maturity  date if, on any autocall observation date, the reference level is at or above the relevant autocall barrier level. On any such early termination, you will on the immediately  following autocall payment date receive a cash payment equal to the applicable  autocall payment. The relevant dates, autocall barrier levels and autocall payments are shown in the table(s) on the key information document.

Termination on the maturity date: If the product has not terminated early, on the  maturity date you will receive:

1. if the final reference level is at or above the barrier level, a cash payment equal to  GBP 1.00; or

2. if the final reference level is below the barrier level, a cash payment directly linked to the performance of the underlying. The cash payment will equal (i) the product notional amount multiplied by (ii) (A) the final reference level divided by (B) the strike level.

Investors should note that the payments described above 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.

Under the product terms, certain dates specified above and below will be adjusted if  the respective date is either not a business day or not a trading day (as applicable).  Any adjustments may affect the return, if any, you receive.

The product terms also provide that if certain exceptional events occur (1) adjustments may be made to the product and/or (2) the product issuer may terminate the product,  as applicable, early. These events are specified in the product terms and principally  relate to the product and the product issuer. The preference shares in turn contain  provisions allowing the preference shares to be adjusted or terminated early in the  case of certain exceptional events, in particular relating to the underlying. Any such  adjustments or early termination are likely to affect the amount and timing of return you receive under the product, meaning the return (if any) that you receive on such early  termination is likely to be different from the scenarios described above and may be  less than the amount you invested.

The product is intended to be offered to retail investors who:

they have the ability to make an informed investment decision through sufficient  knowledge and understanding of the product and its specific risks and rewards, with  experience of investing in and/or holding a number of similar products providing a similar  market exposure, either independently or through professional advice;

they expect the movement in the underlying to perform in a way that generates a favourable return, have an investment horizon of the recommended  holding period specified in the key information document and understand that the product may terminate early;

 they accept the risk that the issuer could fail to pay or perform its obligations under the  product and they are able to bear a total loss of their investment; and

 they are willing to accept a level of risk to achieve potential returns that is consistent  with the summary risk indicator shown in the key information document.

Please ensure you have read and understood the important documents contained on this page before investing.

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

Application Fee

Our fee is just 0.5%. This can be deducted from the investment or paid by enclosing a cheque to Moneyworld.

Important Plan Dates

Closing Date: 31 July 2019

ISA Transfer closing date: 17 July 2019

Important Documents

> Plan Brochure – FTSE Enhanced Step Down Kick Out Plan August 2019

> Key Information Document

> Terms & Conditions

> Order brochure by post

Structured Product Order Form

  • This will help us send the correct application form.

Application Forms

> Appropriateness Questionnaire
(Please complete and return with your application form)

> Direct, ISA & ISA Transfer Application Form

How do I invest?

Please print and complete your application form together with our appropriateness questionnaire. Please send your completed forms to us at Moneyworld, 34 High Street, High Wycombe, Bucks, HP11 2AG.

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Is the Meteor FTSE Enhanced Step Down Kick Out Plan 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 would 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 Index, 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.