Meteor launches Plan 6

Meteor Asset Management has launched the latest in its line of Galaxy Protected Commodities range, Plan 6.

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The new plan is a six-year and 14-day term, and is based upon an equally weighted basket of eight commodities – Brent crude oil, copper, corn, gas oil, Kansas wheat, soybeans, wheat and WTI crude.

The plan comes with three options. The first offers the choice of capital protection with 140 per cent participation. The second Super Growth Option offers 200 per cent participation with no protection and the final option offers a combination of both.

Minimum investment for the plan is £10,000 and it has an IFA commission of 3 per cent.

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