Meteor's ninth Kick Out Growth Plan offers 14% pa

Meteor has launched the ninth in its series of Kick Out Growth Plans offering 14% annually or 6% half...

Meteor has launched the ninth in its series of Kick Out Growth Plans offering 14% annually or 6% half yearly. The six-year structured product delivers 14% after year one provided the FTSE 100 is at or above its opening level. If not it runs into a second year and will kick out 28% if the FTSE is up, or 42% in year three, 56% in year four, 70% in year five or 84% in year six. The half yearly option is the same except each possible kick out comes after six months in increments of 6% and the total possible return after six years is less at 72%. If the plan runs to the sixth anniversary ...