Future TechSeries 1

Future Tech Series 1

The Units in Sequoia Future Tech – Series 1 offer investors the ability to gain 100% leveraged exposure to the Nasdaq Yewno Global Innovative Technologies ER IndexSM (”the Reference Asset or Index”) over a 3 year period. The Units have the potential to pay annual Performance Coupons of up to 10.8% at end of Year 1 and Year 2 and an uncapped Final Performance Coupon at Maturity dependent on the Series Performance (as reduced by a 10% Performance Fee) and adjusted for movements in the AUD/USD exchange rate.

Sequoia Future Tech – Series 1 Performance

DateReference Asset ValueIndicative Unit Value*Gross Performance**
31-May-2019947.98$1.00-4.94%
28-Jun-20191015.21$1.01801.80%
31-Jul-20191038.29$1.04114.11%
30-Aug-20191012.010$1.011.48%
30-Sep-20191023.94$1.032.67%
31-Oct-20191055.00$1.065.79%
29-Nov-20191094.17$1.109.72%
31-Dec-20191127.57$1.1313.06%
31-Jan-20201139.86$1.1414.30%
28-Feb-20201055.12$1.065.80%
31-Mar-2020944.46$1.00-5.30%
30-Apr-20201060.09$1.066.30%
29-May-20201106.23$1.1110.92%
30-Jun-20201159.76$1.1616.29%
31-Jul-20201236.38$1.2423.98%
31-Aug-20201348.71$1.3535.24%
30-Sep-20201287.52$1.2929.10%
30-Oct-20201247.83$1.2525.12%
30-Nov-20201376.18$1.3837.99%
30-Dec-20201435.05$1.4443.90%
29-Jan-20211473.05$1.4847.71%
25-Feb-20211465.81$1.4746.98%
29-Mar-2021Coupon Paid12% Gross10.08% Net
31-Mar-20211474.81$1.3647.88%
30-Apr-20211566.72$1.4557.10%
28-May-20211555.83$1.4456.01%
30-Jun-20211615.89$1.5962.03%
30-Jul-2021 1637.32 $1.59 64.18%
31-Aug-2021 1678.21 $1.641 68.28%
30-Sep-2021 1587.28 $1.576 59.16%
29-Oct-20211668.72$1.61367.33%
30-Nov-20211625.66$1.60063.01%
31-Dec-20211654.00$1.64665.85%
31-Jan-20221567.28$1.54657.16%
28-Feb-20221488.44$1.49049.25%
29-Mar-2022Final Maturity34.907%NET FINAL COUPON

* This represents an indicative level for unwinding your investment on the reporting date and is an indication of the market value of the investment.

** The Gross Performance refers to the performance of either the underlying Reference Asset or Strategy Value as at the end of the relevant month, whichever is applicable depending on the terms of the Termsheet PDS.

A summary of the key features are as follows:

 


* as reduced by a 10% Performance Fee

Nasdaq Yewno Global Innovative Technologies ER

 

The Technology Sectors covered by the Index include:

 

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Downloads

 

To find out more, and to download a copy of the Term sheet PDS and Master PDS, please click on the links below

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Reference Asset Starting Level

 

Performance Coupons

 

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Key risks

 

The key risks include:

  • Your return (including any Performance Coupons) is affected by the performance of the Reference Asset. There is no guarantee that the Reference Asset will perform well.
  • There will be no Performance Coupon payable if the performance of the Reference Asset is negative at the relevant Coupon Determination Date.
  • The potential Performance Coupons are determined by reference to the Reference Asset Performance on the relevant Coupon Determination Date and deducting any past Performance Coupons paid.
  • Any Performance Coupons payable will be negatively impacted by any increase in the AUD/USD exchange rate between the Commencement Date and the relevant Coupon Determination Date.
  • There is no guarantee that the Units will generate returns in excess of the Prepaid Interest and Fees, during the Investment Term. Additionally, in the event of an Investor requested Issuer Buy-Back or Early Maturity Event, you will not receive a refund of your Prepaid Interest or Fees.
  • Gains (and losses) may be magnified by the use of a 100% Loan. However, note that the Loan is a limited recourse Loan, so you can never lose more than your Prepaid Interest Amount and Fees paid at Commencement.
  • Investors are subject to counterparty credit risk with respect to the Issuer and the Hedge Counterparty; and
  • the Units may mature early following an Early Maturity Event, including an Adjustment Event, Market Disruption Event or if the Issuer accepts your request for an Issuer Buy-Back.

 

Please refer to Section 4 “Key Risks” of the Term Sheet PDS and Section 2 “Risks” of the Master PDS for more information.

 

For more information, please contact Sequoia at:
invest@sequoia.com.au and 02 8114 2222.

 

Units in Sequoia Future Tech – Series 1 are issued by Sequoia Specialist Investments Pty Ltd (ACN 145 459 936 ) (the “Issuer”) and arranged by Sequoia Asset Management Pty Ltd (ACN 135 907 550, AFSL 341506)(the “Arranger”). Investments in the Sequoia Future Tech Units – Series 1 can only be made by completing an Application Form attached to the Term Sheet Product Disclosure Statement (“TSPDS”), after reading the Term Sheet PDS dated 19 December 2018 and the Master PDS dated 14 August 2017 and submitting it to Sequoia. A copy of the PDS can be obtained by contacting Sequoia Asset Management on 02 8114 2222 or contacting your financial adviser. You should consider the Term Sheet & Master PDS’ before deciding whether to invest in Units in Sequoia Future Tech – Series 1.  Capitalised terms on the webpage have the meaning given to them in Section 10 “Definitions” of the Master PDS.

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