CITIBANK – ALPHA RESULTS SERIES 7
| Fee Rebate | - |
| Min Investment | $20,000 |
| Expected Close | 17/09/2010 |
| Alpha Results Series 7 provides investors with the potential to achieve enhanced returns with the benefit of conditional capital protection |
| Key features and benefits |
Investment returns in a sideways market – Both the Growth and Income Strategies allow investors to receive a fixed investment return over 18 months with daily liquidity and is suited to investors who feel the basket of shares will range trade over the term.Choose from one of two blue chip portfolios Benefit from high volatility – The nature of this product means that high volatility at date of issue increases Income and Growth returns, thereby allowing investors to benefit from the highly volatile markets we are currently experiencing.Income Strategy (up to 16.5%)* provides a fixed income of up to 16.5%pa paid monthly irrespective of the performance of shares in the portfolio. Growth Strategy (up to 20.5% plus any upside)* provides a growth up to 20.5%pa paid at the end of the term plus any upside of the lowest performing share above the growth payment. Conditional capital protection provides investors with a return of capital (income strategy) or capital plus growth (growth strategy) provided the worst performing share does not fall by more than 40%.
|
| Important Information * Returns are current indicative rates only (30/08/10), Actual Income Return and Growth Return rates are set on date of issue.2 Conditional capital protection – Conditional Capital Protection only applies to Investments held until maturity. Conditional Capital Protection safeguards Alpha Results from market risks but is subject to the credit worthiness of Citigroup Global Markets Australia Pty Limited and Citigroup Inc.In the event that a share within the Portfolio falls more than 40%, conditional capital protection no longer applies and performance becomes linked to the lowest price Reference Asset (share) price. Investors should be aware that their exposure is not based on the average performance of the Portfolio and therefore negative performance of one Reference Asset may not be offset by the positive performance of other Reference Assets within that portfolio.3 Investors should note that the risks associated with each Reference Asset Portfolio are different. The Reference Assets that compromise each Portfolio do not carry the same degree of risk and as such, investors should assess whether the risks associated with each Portfolio are appropriate to their own needs. |
Falls by more than 40% means that at maturity your return is linked to the worst performing share. ie if worst performing share falls by more than 40% then rises to 95% of starting value, $1 invested, Income Strategy would retun $0.95 in addition to income received, Growth Strategy would return $0.95 with no growth.What do we get paid?
Wealth Focus receives a 2% commission on investments into Alpha Results. Wealth Focus does not receive a trailing commission. This commission is paid by the product provider and is NOT an additional charge to the investor.
Comment: