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Our investment products can provide both individual and institutional investors with flexible investment vehicles, which can accommodate varying appetites for risk, asset exposure and capital protection.

It is important that you understand the risks attached to each of the investments. The key risk areas are summarised below, but please remember that these are general risks and those relevant to a particular product are set out in the product literature.

Meteor does not provide financial advice or guidance on tax issues and we recommend that you talk to a financial adviser if you are considering investing. Some products require you to seek professional financial advice. Such products will be highlighted on the website and in the brochure.

Any investment should only form part of your total investment portfolio. You should also maintain savings you can access immediately and without penalty to meet any emergency cash needs that may arise during the investment term.

Availability and Residence – due to local regulatory and legal requirements, not all products described on this website are available in all jurisdictions and some may be available on a limited basis only.

The securities mentioned on this website are not being offered, and will not be sold, within the United States or to, or for the account or benefit of, any U.S. person. The term U.S. person shall have the meaning as defined in Regulation S under the United States Securities Act of 1933 and includes, among other things, U.S. residents and U.S. corporations and partnerships.

Cancellation Risk – the risk that if you decide to cancel the investment after assets have been purchased you could lose some of your money if the market(s) or asset(s) to which your contract is linked have fallen since the purchase date.

Counterparty Risk   – the risk that a financial institution with whom we arrange the assets to provide investment returns does not, or cannot, pay the amounts due, which could cause you to lose some or all of your money and any investment returns that would have otherwise been payable.

Early Encashment Risk – the risk that if you decide to encash the investment before maturity you could get less back than you invested. Administration charges for early encashment will increase any losses.

Inflation Risk – the risk that inflation will reduce the real value of your investment over time.

Investment Risk – The risk that the market(s) or asset(s) to which your investment is linked fall in value, which could cause you to lose money.

ISA Transfer Risk – if you wish to transfer an existing ISA this must be done in cash, which means your existing ISA manager will sell your investments and you may be charged an exit or transfer fee. There is the potential for loss of income or growth if markets should rise while your transfer remains pending.

Liquidity Risk – the risk that you may not be able to immediately access the value of your investment.

Pricing Risk – the risk that a financial institution with whom underlying investments have been arranged may not be able to quote regular prices making it difficult to value your investment and delaying any early encashment request you may make.

Product Risk – the risk that the product design could produce a return that is lower than a direct investment in the market(s) or asset(s) to which the product is linked.

Tax Risk – The values of any tax reliefs will depend on your individual circumstances. You should note that the levels and bases of taxation could change in the future and these changes may be applied retrospectively.

It is important that you read any product literature carefully and in full so that you understand how the product works and can decide whether or not you are prepared to accept the risks and the possible consequences of investing in a particular contract, before proceeding with an investment.

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Meteor Insights

Are we ready to go out?

Fears of a second wave of coronavirus infections gave stocks a wobble this week. It served as a stark reminder that we’re not out of the woods yet

Fears of a second wave of coronavirus infections gave stocks a wobble this week. It served as a stark reminder that we’re not out of the woods yet. The FTSE 100 dipped below 6,000 on Monday on reports that Beijing had re-imposed restrictions in parts of the city to stall a new cluster of infections. This sparked a risk-off mood in markets in what was already a cautious recovery. At the same time, UK citizens flocked to high street stores for reopening day sales as shops like Primark opened their doors to the public for the first time since lockdown.

Despite the fear of new outbreaks, yesterday, stocks started to advance again. The renewed optimism seems to be coming from the idea that even with new outbreaks, governments are likely to remain steadfast in their quest to reopen economies. It’s not just the act of reopening either. This week, the US central bank announced a surprise stimulus programme that involves the purchase of the lowest investment-grade bonds as a way of reducing job losses and stimulating investment.

Here in the UK, the Bank of England is expected to add billions more in quantitative easing when policymakers meet on Thursday. Britain’s economy has no doubt suffered. In April, monthly GDP contracted by more than 20% according to the Office for National Statistics. For context, that is three times as much as the decline during the 2008 to 2009 crisis.

So, here is the dilemma. Pressure is mounting for the lockdown to ease and for the economy to kick back into gear but the danger of COVID-19 is far from over. The next few weeks, therefore, will be critical to both the economy and the health of the nation – both of which rest on a knife-edge. As Beijing has shown, the risk of a new outbreak is real and like Beijing, the threat of bringing back restrictions in the UK hasn’t been ruled out.

Here at Meteor, our hope is that over this extraordinary period, we’ve been able to bring you the same level of exceptional service you’ve come to expect. Feel free to get in touch if you have any questions: info@meteoram.com

Posted: 17 June 2020
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