UK asset manager Meteor has launched its Prima Platinum Plan 4, based on the FTSE 100 and the DJ Eurostoxx 50 indices.

The product has a six year and two week term. If both indices are above their opening levels on any anniversary, the plan will mature and investors will receive 11 per cent growth for each year the plan has been in force up to a maximum of 66 per cent after six years.

Should either or both of the indices be below their opening level on any annual measurement date then the plan will continue to the next anniversary.

The capital is at risk if either or both indices fall below 50 per cent of their respective opening levels during the investment term. Should this occur and either remains below its opening level at close of business on 14 March 2016 the capital loss will be 1 per cent for every 1 per cent that the worst performing index is below its opening level.

The securities will be issued by Rabobank.