ASX200 Series 29

JBG Income and Equity Accelerator Units Series 29

The JBG Income and Equity Accelerator Units Series 29 (“Units”) are three year investments that aim to provide investors with the potential to benefit from the growth of the S&P/ASX 200 Price Return Index (“Reference Asset”).

Features Include:

  • Potential for returns at Maturity which are determined by reference to the S&P/ASX 200 Price Return Index (Series 29) over the Investment Term, including the potential for enhanced returns from an increased exposure to the Reference Asset during times of low volatility of the Reference Asset.
  • An investment term of approximately 3 years.
  • Capital Protection of the Investment Amount at Maturity (note that Capital Protection does not apply to Prepaid Interest or the Application Fee.
  • Receiving shares in a leading Australian company after Maturity.
  • Self-managed superannuation funds (“SMSFs”) are eligible to apply for the Units.
  • A variable Participation Rate, with the potential for a maximum of 150% exposure to the Reference Asset, depending on the volatility. The minimum Participation Rate is 0% which means Investors have no exposure to the Reference Asset.
  • Contingent Coupons of up to 10.8% p.a. of the Issue Price per Unit paid at the end of each of the first 2 years of the Investment Term, depending on the performance and volatility of the Reference Asset** and the Participation Rate.
  • A compulsory Limited Recourse Loan for 100% of the Investment Amount. Interest is prepaid for the full term of the investment. The Interest Rate is 4.95% p.a (14.85% for the full term).

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Key Risks

  • There is no guarantee that the Units will generate returns in excess of the Prepaid Interest & Application Fees paid. Additionally, in the event of an Investor requested Issuer Buy-Back, Early Maturity Event or if you elect to repay your Loan before the Maturity Date, you will not receive a refund on Prepaid Interest and the Application Fee.
  • Capital Protection only applies to the Issue Price at Maturity. Investors may lose their Prepaid Interest and Application Fees if the Units do not generate a return.
  • There may be no Coupons where the Strategy Value has remained constant or declined over the relevant period. The Coupons are capped at 10.8% of the Issue Price (i.e. $0.108 per Unit).
  • The Participation Rates as at the date of the PDS for Series 29 was 104.99%. The minimum Participation Rate is 0% which means investors have no exposure to the relevant Reference Asset.
  • Your return is affected by the performance of the Reference Asset. There is no guarantee that the Reference Asset will perform well.
  • 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 will never be required to pay more than the Interest and Application Fees applicable to the Investment.

Initial Strategy Value

Date

28 June 2013

29 July 2013

30 August 2013

Initial Strategy Value

Strategy Value

100.00

104.282

105.818

103.3664

Final Strategy Value

Date

30 June 2016

Final Strategy Value

100.6437

Performance Coupons and Final Value

Date

30 June 2014

29 June 2015

30 June 2016

Value

$0.04501per Unit

$0.00# per Unit

$1.00# per Unit

^Net of Performance Fees.

Series 29 Performance

DateIndicative Strategy Value Indicative Unit Value* Gross Performance
30-Aug-13105.79$1.0212.05%
30-Sep-13107.01$1.0323.23%
31-Oct-13112.61$1.0868.63%
29-Nov-13109.23$1.0545.37%
31-Dec-13109.6$1.0575.73%
31-Jan-14 104.87 $1.0121.16%
28-Feb-14109.77$1.0595.89%
31-Mar-14109.35$1.0555.49%
30-Apr-14111.59$1.0777.65%
30-May-14111.62$1.0777.67%
Coupon Paid. $0.05001 per Unit Gross
30-Jun-14108.54$1.0004.70%
31-Jul-14115.52$1.064211.44%
31-Aug-14115.10$1.060211.03%
30-Sep-14100.90$1.0000-2.67%
31-Oct-14110.40$1.01486.50%
28-Nov-14104.70$1.00001.00%
31-Dec-14 106.60$1.00002.83%
30-Jan-15109.90$1.01006.02%
27-Feb-15116.10$1.069812.00%
31-Mar-15115.10$1.0602 11.03%
30-Apr-2015112.80$1.038 8.81%
29-May-15 112.30$1.03328.33%
30-June-2015105.70$1.0000 1.96%
31-Jul-15109.80$1.009 5.92%
31-Aug-15100.50$1.000-3.05%
30-Sep-201598.30$1.000-5.17%
31-Oct-15 100.90$1.000-2.67%
30-Nov-15100.10$1.000-3.44%
31-Dec-2015102.20$1.000-1.41%
29-Jan-2016 97.10 $1.000-6.33%
29-Feb-2016 95.00 $1.000-8.36%
31-Mar-2016 97.80 $1.0000 -5.66%
31-Apr-2016100.30$1.000-3.25%
31-May-2016102.40$1.0000-1.22%
30-June-2016MaturedMaturedMatured

* Unit Value: Investors please note this is a theoretical investment maturity value. This investment is designed to be held to maturity. Any investors seeking to redeem prior to maturity may recieve an amount significantly different to the Indicative Unit Value stated.