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Key Dates |
| Download Brochure & Applications |
Closing Date: 15 June 2012 |
| Order literature by post |
ISA Transfer Closing Date: 08 June 2012 |
Summary
• The Prima Platinum Plan is a maximum five 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, on any Annual Measurement Date, the closing levels of both Indices are at or above their respective Opening Levels, the Plan will mature early and make a growth payment of 10%(gross) of the money you invest for each year the plan has been in force, plus a full return of your capital. • You will lose some, or all, of your money if one or both of the Indices has fallen by more than 50% at the close of any business day during the investment term and the Final Level of one or both Indices is below its Opening Level. • In this case, the reduction in your original investment will equal the 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 the Royal Bank of Canada (RBC), 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 10 of the brochure). 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, 6, 7 and 15 of the plan brochure) • I am not likely to need access to my money during the investment term; (see pages 11 and 15 of the brochure) • Although the Plan might mature early I understand this is a five year investment; (see pages 2, 3, 6, 7 and 15 of the 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 & 11 of the brochure) • I understand that although the Securities will be provided by RBC, a major financial institution with a current long term credit rating from Standard & Poor’s of ‘AA-’, as at the date of the 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 4, 5 , 11 and 12 of the brochure) • I am satisfied with a potential gross growth return of 10% p.a (not compounded) 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, 6 and 11 of the brochure) • I am prepared and can afford to accept the risks associated with an investment in this Plan; (see pages 2- 4, 5-7, 11 and 12 of the brochure)  |
