Download Plan Summary - Meteor Asset Management

Premium Kick-Out Plan
15% per annum with 5 early maturity opportunities
Key Features

Investment returns linked to the performance of the top ten companies by index weighting in the FTSE 100™
(the Index) as at 8th February 2012. Return of capital linked to the performance of the FTSE 100™ (the
Index).

The top ten FTSE 100 companies as at 8th February 2012 were AstraZeneca, BG Group, BHP Billiton, BP plc,
British American Tobacco, GlaxoSmithKline, HSBC Holdings, Rio Tinto, Royal Dutch Shell (Class A shares)
and Vodafone. These account for slightly under 45% of the FTSE 100 by index weighting.

Early maturity will be triggered if on any Annual Measurement Date, the closing levels of at least eight of the
ten Shares are equal to or greater than their Opening Levels, at which point the Plan will make a growth
payment of 15% for each year it has been in force.

100% capital return provided the Final Level of the FTSE 100 is not more than 50% below its Opening Level.

In the event of a capital loss occurring, capital will be reduced by the same percentage that the Final Level of
the FTSE 100 is below its Opening Level.

Available to 11th April 2012
Target Market
This investment could be suitable as part of an investment portfolio for investors who

understand and are used to equity based investments, and

are able to invest for a period of up to six years, and

are prepared to accept investment risk to their capital in return for a higher potential growth than would be
available via a deposit based investment
Key Dates
Offer period
ISA Applications
28th March 2012 – ISA transfer applications
5th April 2012 – 2011/2012 ISA applications with bank transfers or cheques
2012/2013 ISA applications with cheques
11th April 2012 – 2012/2013 ISA applications with bank transfers
All other Applications
5th April 2012 – applications with cheques
11th April 2012 – applications with bank transfers
Strike Date & Opening Levels
Close of Business on 13th April 2012
Final Levels
Close of Business on 13th April 2018
Annual measurement dates
Close of Business on 15th April 2013, 14th April 2014, 13th April 2015, 13th April 2016, 13th April 2017
Maturity date
27th April 2018
http://www.meteoram.com
You should refer to the brochure which contains full details of the Premium Kick-Out Plan.
Telephone enquiries to: 0207 904 1010 or email to [email protected]
Key facts
Full Investment Term
Six years and 14 days, with the potential for early maturity. Early
maturity will be triggered if the levels of eight or more of the shares
are at or above their respective Opening Levels on any Annual
Measurement Date of the Plan.
Availability
As direct investments, ISAs, ISA transfers, and for pension funds,
trustees and companies.
Shares
AstraZeneca, BG Group, BHP Billiton, BP plc, British American
Tobacco, GlaxoSmithKline, HSBC Holdings, Rio Tinto, Royal Dutch
Shell (Class A shares) and Vodafone (‘the Shares’).
Investment Return
15% per annum (simple) for each year the Plan is in force, so the
returns at each possible early maturity date would be 15% (end of
year 1), 30% (end of year 2), 45% (end of year 3); 60% (end of year
4); 75% (end of year 5) or if the plan runs a full six year term and
the Final Levels of eight or more shares are at or above their
respective Opening Levels, 90%. If the plan has not kicked out early
and the Final Levels of three or more Shares are below their
respective Opening Levels, no investment return will be payable.
Capital Return
Capital will be returned in full as long as the Final Level of the FTSE
100™ is at or above 50% of its Opening Level. If not, capital will be
reduced by the same percentage the Final Level of the index is
below its Opening Level.
Please see the brochure for a full explanation of the calculation.
Counterparty Risk
The counterparty is BNP Paribas Arbitrage Issuance B.V. which
issues the securities with a guarantee provided by BNP Paribas, a
major financial institution with a credit rating as at 8th February 2012
of ‘AA-’ by Standard and Poor’s. If the financial institution were to
fail to meet the repayments due to us, investors could lose some or
all of their investment. Counterparty risk is common to all similar
investments.
Tax
Under current tax legislation, it is our understanding that, gains on
assets held in an ISA will be free from any tax, while gains on direct
investments will be subject to Capital Gains Tax.
Charges
We buy the Securities at an agreed price that covers all
establishment and administration costs, fees and expenses payable
to ourselves and each of the financial institutions involved and any
commission we pay Financial Advisers. Total charges over the full
six year term will be up to a maximum of 8%.
Interest
Interest will be credited on subscriptions received and held in our
client account up to the investment date, if it is £10.00 or more.
Commission
3%
Securities
Securities will be structured to provide returns shown in the plan
brochure, and purchased for each investor. These may be notes,
warrants, shares or deposits depending on the nature of the
investment. The Securities for this Plan will be Certificates.
Details of the investment are set out in the Premium Kick-Out Plan brochure, which incorporates the Terms
and Conditions. All potential investors should read the literature carefully and make sure they understand
how the Plan works.
This information is for Financial Advisors only and should not be presented to, or relied upon by, private investors.