Meteor launches third plan in Prima range

Meteor Asset Management, the investment and retail products arm of Meteor Capital Holdings, has launched a third plan in the Prima range dubbed The Prima Growth Plan 3.

The plan is based upon the FTSE100 and Nikkei 225 indexes and matures after six years. Capital is at risk in the event of one or both indexes falling below 50% of their opening levels and closing below such. The capital loss will be 1% for every 1% fall in the worst performing index.

The plan offers a 14% return in the first year subject to both indexes being at or above their opening levels. If one of the indexes falls below the initial level the plan runs into year two, where, if both indexes

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