MACQUARIE FLEXI 100 NOVEMBER 2011
Fee Rebate | 2% (100%) |
Min Investment | $25,000 |
Expected Close | 23/11/2011 |
Macquarie Flexi 100
OFFER NOW CLOSED
November 2011 (Rebate offer)
A capital protected investment in the Australian, Asian or Commodities markets with the flexibility to ‘walk away’ without incurring break costs
Rebate Offer | 2% (100% rebate of the loan establishment fee) |
Minimum Initial Investment | $25,000 |
Investment Term | 3.5 yrs, 5.5 yrs or up 6 yrs dependant upon investment option chosen |
Capital Protection Structure | Bond + Call |
Offer closes | 23rd November 2011 (NOW CLOSED) |
Product Disclosure Statement | Application/PDS |
Macquarie Flexi 100 provides investors with the opportunity to borrow to invest in the Australian, Asian or Commodities markets with a 100% investment loan, and the flexibility to ‘walk away’ without incurring break costs^.
Strategy |
Investment Options |
Income |
At Maturity |
3.5 yrs Fixed Distribution |
Australian Equity Focus: BlackRock Global Allocation: |
Fixed |
Aus. Equity Focus: 150% of gain over the 16.25% distributions received (capped at 65%*) BlackRock: |
5.5 yrs Fixed Distribution |
Australian Equity: Asian Equity: |
Fixed 4% pa + 2% at end of term |
100% of gain above the 22% distributions received (uncapped) |
5.5 yrs Fixed Distribution (No Hurdle) |
Australian Equity: (No Hurdle) |
Fixed 4% pa + 2% at end of term |
100% of gain up to 50% cap. In addition to 22% distributions |
Variable Distribution |
Commodities Select: |
Each year’s growth is distributed as income (capped at approx 17%pa*) |
N/A |
Key features and benefits
Access to investment growth of a choice from Australian, Asian, BlackRock Global Funds or Commodities markets.
Annual income payments fixed at 4%pa (5.5yr option), or accelerated payments of 6.5%pa in years 1&2 followed by 3.25% in year 3 (3.5yr option), or the growth received over the year (anually up to 6yrs option).
Flexibility to ‘walk-away’ from the investment and limited recourse investment loan without incurring additional costs^ including break costs.
Low outlay and no margin calls – Investors in Flexi 100 must apply for a 100% investment^ loan from Macquarie which allows individuals and SMSFs to invest with a low initial capital outlay and no margin calls. There is a choice of limited recourse or full recourse loans, interest is pre-paid annually in advance with indicative interest rate:
Limited Recourse Investment loan: 9.10% pa
Individual investors can also apply for an optional interest loan to fund their interest pre-payment to help manage cash flow. Indicative interest rate for the interest loan is 10.95% pa.
Suitable for SMSFs – The protection of a limited recourse loan means investors will not be required to contribute more of their own money to pay back the investment loan and will comply with legislative requirements for SMSF borrowing.
Source: Macquarie
* Growth and Income caps are indicative only and are set on date of issue (refer to PDS for full details)
^ Prepaid interest on an investment loan is not refunded in the event of early encashment. Investors who have opted for an additional interest loan will also be required to pay any amount owing on the interest loan (if applicable).
What do we get paid?
Wealth Focus will rebate the 2% loan fee in the form of additional units and may also receive a trailing commission of up to 0.50% pa of the value of the investment loan. These commissions are paid by the product manager and is NOT an additional charge to the investor.
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