Meteor issues latest Prima plan

Meteor Asset Management has unveiled the latest tranche of its Prima Growth Plan range. The FTSE-li...

Meteor Asset Management has unveiled the latest tranche of its Prima Growth Plan range. The FTSE-linked kick-out plan offers a 13% return on its annual anniversary if the index is at or above its opening level. Otherwise the plan runs into year two where if it is at or above its opening level on the next anniversary, it will pay 26%. The plan will remain open with returns rolled over until the index is at or above its opening level at any anniversary throughout the six-year term. Capital is at risk if the index falls below 50% of its opening level during the term and the final level i...