Meteor offers 130% participation in eight commodities

Meteor has launched its seventh Galaxy Protected Commodities product offering 130% participation with...

Meteor has launched its seventh Galaxy Protected Commodities product offering 130% participation with full capital protection. Returns will be based on a basked of eight commodities - Brent Crude, Copper, Corn, Milk, Natural Gas, Soybeans, Wheat and WTI Crude. Investors can choose the fully protected option or one offering 165% participation with 90% protection. If the underlying commodities finish down at maturity after the five-year term capital will be lost to investors, up to a maximum reduction of 10%. The minimum investment is £10,000 for direct money, £7,200 for ISAs or £7,000...