Meteor launches protected commodities plan

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METEOR has rolled out its latest protected commodities plan, with a choice between the Capital Protected Option and the Protected Super Growth Option.

The Capital option offers 100pc capital protection and 130pc of the increase in the portfolio, while the Super Growth option provides 90pc capital protection and 130pc of the increase in the portfolio. Galaxy Protected Commodities Plan 5 has a five-year term and is weighted between soft and hard commodities. The basket comprises Brent crude, copper, corn, gas oil, Kansas wheat, soybeans, wheat and WTI crude. Minimum investment is £10,000 or £7,000 for ISAs, while the maximum investment is £2m. Phil Saunders, business development director, commented: "We have had strong demand for the ...

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