Top Ten Kick-Out Plan 10

Top Ten Kick-Out Plan 10

21% per annum with 5 early maturity opportunities

Key Features

§  Investment returns linked to the performance of the top ten companies by index weighting in the FTSE 100™ (the Index) as at 30th September 2011.

§  The top ten FTSE 100 companies as at 30th September 2011 were AstraZeneca, BG Group, BHP Billiton, BP plc, British American Tobacco, GlaxoSmithKline, HSBC Holdings, Rio Tinto, Royal Dutch Shell (Class A shares) and Vodafone; accounting for slightly over 45% of the FTSE 100 by index weighting.

§  Early maturity will be triggered if on any Annual Measurement Date, the Closing Levels of at least eight of the ten Shares are equal to or greater than their Opening Levels, at which point the Plan will make a growth payment of 21% for each year the Plan has been in force.

§  100% capital return provided the Final Levels, on 20th November 2017, of eight or more of the Shares are not more than 50% below their respective Opening Levels.

§  In the event of a capital loss occurring, capital will be reduced by the same percentage the third worst performing share is below its Opening Level.

§  Available to 16th November 2011

Target Market

This investment could be suitable as part of an investment portfolio for investors who

§  understand and are used to direct equity investments, and

§  are able to invest for a period of up to six years, and

§  are prepared to accept investment risk to their capital in return for a higher potential growth than would be available via a deposit based investment

Key Dates

Offer period

4th November 2011 – ISA transfer applications

11th November 2011 – applications with cheques

16th November 2011 – applications with bank transfers

Strike Date

18th November 2011

Opening Levels

Close of Business on 18th November 2011

Final Levels

Close of Business on 20th November 2017

Annual measurement dates

19th November 2012, 18th November 2013, 18th November 2014, 18th November 2015, 18th November 2016.

Maturity date

4th December 2017

http://www.meteoram.com

You should refer to the brochure which contains full details of the Top Ten Kick-Out Plan 10.

Telephone enquiries to: 0207 904 1010 or email to

Key facts

Full Investment Term / Six years and 14 days, with the potential for early maturity. Early maturity will be triggered if the levels of eight or more of the Shares are at or above their respective Opening Levels on any Annual Measurement Date of the Plan.
Availability / As direct investments, ISAs, ISA transfers, and for pension funds, trustees and companies.
Shares / AstraZeneca, BG Group, BHP Billiton, BP plc, British American Tobacco, GlaxoSmithKline, HSBC Holdings, Rio Tinto, Royal Dutch Shell (Class A shares) and Vodafone (‘the Shares’).
Investment Return / 21% per annum (simple) for each year the Plan is in force, so the returns at each possible early maturity date would be 21% (end of year 1), 42% (end of year 2), 63% (end of year 3); 84% (end of year 4); 105% (end of year 5) or if the plan runs a full six year term and eight or more of the Final Levels are at or above their respective Opening Levels, 126%. If the plan has not kicked out early and the Final Levels of three or more Shares are below their respective Opening Levels, no investment return will be payable.
Capital Return / Capital will be returned in full as long as the Final Levels of eight or more of the Shares are at or above 50% of their respective Opening Levels. If not, capital will be reduced by the same percentage the Final Level of the third worst performing share is below its Opening Level.
Please see the brochure for a full explanation of the calculation.
Counterparty Risk / The Securities are issued by Rabobank, a major financial institution with a credit rating as at 5th October 2011 of ‘AAA’ by Standard and Poor’s. If the financial institution were to fail to meet the repayments due to us, investors could lose some or all of their investment. Counterparty risk is common to all similar investments.
Tax / Under current tax legislation, it is our understanding that, gains on assets held in an ISA will be free from any tax, while gains on direct investments will be subject to Capital Gains Tax.
Charges / We buy the Securities at an agreed price that covers all establishment and administration costs, fees and expenses payable to ourselves and each of the financial institutions involved and any commission we pay Financial Advisers. Total charges over the full six year term will be up to a maximum of 8%.
Interest / Interest will be credited on subscriptions received and held in our client account up to the investment date, if it is £10.00 or more.
Commission / 3%
Securities / Securities will be structured to provide returns shown in the plan brochure, and purchased for each investor. These may be notes, warrants, shares or deposits depending on the nature of the investment.
The Securities for this Plan will be Notes and Warrants.

Details of the investment are set out in the Top Ten Kick-Out Plan 10 brochure, which incorporates the Terms and Conditions. All potential investors should read the literature carefully and make sure they understand how the Plan works.

This information is for professional investors only and should not be presented to, or relied upon by, private investors.