Meteor FTSE Step Down Kick Out Plan January 2020

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The Meteor FTSE Step Down Kick Out Plan is a maximum ten year three week investment offering a potential gross investment return of 8% per annum.

You will lose money if the Final Level of the Index is below 65% of its Opening Level.  The amount of your money that you would lose will be the percentage by which the  Final Level of the Index is below its Opening Level. In extreme circumstances you  could lose all of your money. 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.

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 8% of the money you invest for  each year that the Plan has been in force. The first Measurement Date will be on 29  January 2021, one year after the Start Date.

If the Plan has not matured early, and the Closing Level of the Index on the Final  Measurement Date (the ‘Final Level’) is at least equal to its Reference Level, the Plan  will provide an investment return at the Maturity Date equal to 80% of the money you  invest. If the Final Level of the Index is below its Reference Level, no investment return will be payable at the Maturity Date.

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.

The Securities purchased will be Notes issued by Morgan Stanley & Co International  plc. These Securities can be viewed in a similar way to a loan to the Issuer and are  linked to the performance of Preference Shares issued by Sienna Finance UK Limited  which are in turn linked to the performance of the Indices.

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 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 fulfil all of the criteria below:

they have advanced knowledge and a comprehensive understanding of the product,  its market and its specific risks and rewards, with relevant financial industry experience including either frequent trading or large holdings in products of a similar nature, risk  and complexity, 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.

The product is not intended to be offered to  retail clients who do not fulfil these criteria.

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

How do I invest?

Print and complete our Appropriateness Assessment Form

Print and complete the relevant application form, these forms can be found below.

Post all documents 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 by enclosing a cheque to Moneyworld.

Important Plan Dates

Closing Date: 29 January 2020

ISA Transfer closing date: 15 January 2020

Important Documents

> Plan Brochure – FTSE Step Down Kick Out Plan January 2020

> Key Information Document

> Order brochure by post

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Is the Meteor FTSE 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 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.