Meteor
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Structured Products
We carefully monitor market conditions and developments to ensure that we are always able to offer investors the most competitive products and latest ideas, providing market leading investment opportunities.
Structured products normally have a fixed term and are therefore not as liquid as deposit accounts or equities. It is important that investors realise that their money is invested for this term and if they think they might need access to it during this time they should consider alternative investments. Investments can be sold at any time, but the secondary market is illiquid and there will be transaction costs involved. However the secondary market is developing and the spread suffered on encashment will reduce as liquidity increases.
Our products can offer capital protection or an element of risk, with the risk levels being known at outset. Capital secure products are designed to ensure that at worst an investor would receive no less than 100% of their investment upon maturity. Capital at risk products generally offer enhanced returns. The risk can be set up so that the maximum loss is known at outset or in a way where protection is given in all but extreme market conditions. In some products, for example, an index or other underlying asset can drop by up to 50% before any capital is at risk. These can be designed to cover all but the most extreme market conditions.
It is our belief that it is essential that investors and their advisers fully understand what could happen to their investment in any given circumstance. Our literature will always include demonstrating conditions leading to very poor performance as well as examples of the potential benefits.
Open Ended Products
Meteor is currently in discussions with a number of ‘partners’ regards the development a range of open ended products some of which will be multi-asset based whilst others will be limited to just one asset class. Details of these schemes will be announced as soon as possible.
