Meteor unveils latest commodity offering

Meteor Asset Management has launched a protected commodities plan which allows investors to participate in the performance of a basket of eight equally-weighted hard and soft commodities at a rate of either 130% or 165%.

The plan is the fifth to be offered by the UK distributor in its Galaxy Protected commodities range. Unlike the Galaxy 4, it offers exposure to WTI Crude and gas oil instead of zinc and heating oil. The switch has allowed Meteor to increase the participation rates on the basket, which also contains Brent crude, copper, corn, soybeans, wheat and Kansas wheat. Investors can choose to participate in basket gains at 130% with 100% capital guarantee, or a growth option offering 165% with 90%

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