Meteor adds two to structured product range

The FTSE 5 Enhanced Quarterly Defensive June 2013, which has a six-year, two-week term, has returns linked to a basket of five FTSE 100 shares, including HSBC, Vodafone and BP. If the product runs for the full term, it will provide a growth payment of 90% as long as the final level of the lowest performing share is at least 50% of its opening Level. However, if on any ‘measurement date', the close of business level of each share is at least 85% of its opening level, the product will mature early and make a growth payment of 3.75% of the money invested for each quarterly period it has ...