Latest product launches from Arc and Meteor

Meteor and Arc have brought their latest offerings to the burgeoning structured product market, one ...

Meteor and Arc have brought their latest offerings to the burgeoning structured product market, one linked to property and the other paying up to 8.6% a year. Meteor's six-year Property Recovery Plan is based on the FTSE EPRA Europe index, which tracks global companies that invest in property. The product pays out 10.5% after one year provided the index is at or above its opening level. If not, the plan will offer 21% at year two, 31.5% at year three, 42% after four years, 52.5% after five and 63% at six, maturing whenever the index is higher. Capital is protected unless the index i...