|
|
Key Dates |
| Download Brochure |
Closing Date: 18 April 2012 |
| Download Direct Investment Application | |
| Download Pension Scheme Application | |
| Download Trustees/Company Application |
Summary
• The 3 Year Defensive Growth Plan is a three year and two week investment. • The returns from the Plan are linked to the performance of the FTSE 100 Index and the S&P 500 Index (‘the Indices’). • If the Final Levels of both Indices are at or above 95% of their respective Opening Levels, the Plan will provide a full repayment of your original capital plus a growth payment of 21% (gross) of your capital invested. • If the Final Levels of one or both Indices are below 95% of their respective Opening Levels no growth payment will be made. • You will lose some, or all, of your money if the Final Level of the lowest performing Index is more than 40% lower than its Opening Level. • In this case, the reduction in your original investment will equal the percentage difference between the Opening Level and Final Level of the lower performing Index. • You could also lose some or all of your money in the event that Rabobank, the bank which issues the underlying Securities for the Plan, fails to make the payments due from the Plan. • It is Meteor's understanding that the returns from this Plan will be subject to Capital Gains Tax (see page 11 of the brochure). • This Plan is not available for ISA investment. Considerations for Investing If the following statements apply then an investment in the plan may be appropriate: • I am willing to invest for a set period of time, known as the investment term; (see pages 2 and 15 of the plan brochure) • I am not likely to need access to my money during the investment term; (see pages 12 and 15 of the plan brochure) • I want the potential to benefit from the performance of the Indices but do not want to invest directly in the Indices; (see page 3 of the brochure) • I know that the value of the Indices can fall as well as rise; (see pages 8, 9 and 10 of the brochure) • I understand that although the Securities will be provided by Rabobank, a major financial institution with a current long term credit rating from Standard & Poor’s of ‘AA’, as at the date of this brochure, there is a chance that they may default on the payments due and this means that I may lose some, or all, of my investment plus any growth payment to which I would otherwise have been entitled; (see pages 5, 6 and 13 of the brochure) • I am satisfied with a potential gross growth return of 21% and accept the fact that if the Indices were to rise more than this I would not benefit from any growth above that provided by the Plan (see pages 3, 7 and 12 of the brochure) • I am prepared and can afford to accept the risks associated with an investment in this Plan; (see pages 2- 10, 12 and 13 of the brochure)  |
