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Investment Objective
Gain exposure to previously hard to access, low correlated asset classes with potential for annual income and capital growth in the medium term, with principal protection at maturity. (This investment is available to wholesale investors only).
Close Date
15 December 2006
Minimum Investment
$100,000 - AUD denominated investment
Term
4 years
Underlying Assets
| Assets |
Weights |
| Global Equities |
40% |
| GSCI Energy Index |
30% |
| FTSE MGII Water Index |
30% |
The above basket has a low correlation to equity markets and has a low volatility rate.
Benefits
- Investors will receive Principal Protection of $1.00 per unit, provided the investor holds the CMI until Maturity.
- 100% participation to the upside of the basket.
- 8% p.a. coupon if basket rises >19% each year cumulative over the 4 year term. This is independent to the participation in market exposure.
- Potential for Capital growth.
- The effect of the averaging feature means investors are able to participate in the positive performance of the index throughout the entire investment term and their return is not simply dependant on the index level at maturity. If the index rises over the life of the investment and then drops in value close to maturity, investors will still participate in some of the early year gains.
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