Meteor launches new commodities plan

Meteor Asset Management, the investment and retail products arm of Meteor Capital Holdings, has launched the new Pendulum Commodities Plan.

The six-year capital guaranteed plan is based upon the S&P GSCI Agriculture, Energy, Industrial Metals, Livestock and Precious Metals Indexes. It offers a minimum 115% return irrespective of movement in the indexes. The plan provides 1% growth for each 1% rise in the indexes above 15% up to 50% and 1.25% growth for each 1% rise above 50%.

In the event of the closing level being lower than the opening level investors will receive the minimum return of 15% plus an additional 0.5% for every 1% fall