The Meteor Triple Index Step Down Kick Out 2 has kicked out after three years and will pay investors their money back plus 29.55% at the beginning of October.
The Head of Structured Products at Mattioli Woods, Mark Fuller commented:
”I am very pleased that our clients will receive such a high pay out, and returns like this underline the importance of holding Structured Products as part of a diversified portfolio. This plan was linked to the performance of the FTSE 100, Euro STOXX 50 and S&P 500 indices, and has delivered a return that has outperformed all of them.
Since September 2013, the best performing index has been the S&P 500, which is up 25.14%. Over three years, the average performance of these indices was 9.99%, and this plan has delivered almost three times this performance”.
Since 2005, Mattioli Woods has developed a portfolio of structured products. Whilst there are a number of variations, in essence, a structured product provides a high level of capital security but with returns linked to the performance of various investment markets.
The Mattioli Woods investment team is currently seeking regulatory approval for a Structured Product Fund. More details to follow.
