Series 24

The JB Global IEA – Series 24 Units have matured on 16 April 2015.  It has delivered total returns to investors of approximately 56.9656%* during the Investment Term. The Final Value will be 44.996% of the Investment Amount. The return to investors on their Initial cash outlay is 171.9%.

JBG Income & Equity Accelerator Series 24 is designed to offer flexibility by offering Investors exposure to the performance of the technology sector as measured by the performance of a basket of eight US listed technology shares (denominated in US dollars).  The eight shares are (equally weighted):

  1. Apple Inc.
  2. Microsoft Corporation
  3. Google Inc
  4. Intel Corporation
  5. Oracle Corporation
  6. Cisco Systems
  7. Hewlett-Packard Company
  8. International Business Machines (IBM)

Features Include:

  • 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).
  • Compliant for self managed superannuation funds (“SMSFs”).
  • A variable Participation Rate, with the potential for a maximum of 150% (Series 23, 25, 26), or 125% (Series 24) exposure to the relevant Reference Asset, depending on the volatility of relevant Reference Asset.
  • Contingent Coupons of up to 12% 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 relevant Reference Asset***, the Participation Rate and, for Series 24, 25 & 26, the AUD/USD exchange rate* (please see website notice below regarding Coupons).
  • A compulsory Limited Recourse Loan for 100% of the Investment Amount. Interest is prepaid for the full term of the investment.
  • potential for returns at Maturity which are determined by reference to the volatility of and exposure to the relevant Reference Asset 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;

Downloads

Initial Strategy Value

Initial Average Date

Initial Average Date 1

Initial Average Date 2

Initial Average Date 3

Average Initial Value

Date

16 April 2012

16 May 2012

18 June 2012

Average

Strategy Value

100.00

93.147

92.678

95.275

# Investors please note, while the Strategy Value references the average movements of the equally weighted basket of seven shares during the life of the investment, the varying Participation Rates dictated by the volatility of the net combined movements of the Reference Assets (equally weighted) means that the Strategy Value may underperform or outperform the Reference Assets over the investment term.

Initial AUD/USD Exchange Rate

Date

16 April 2012

Initial AUD/USD Exchange Rate

$1.03599

Performance Coupons

Value

16 April 2013

16 April 2014

16 April 2015

Value

$0.00^

11.9696%^

44.996%^

^Net of Performance Fees and after conversion to AUD

Tech Basket Series 24 Performance

DateIndicative Strategy Value Indicative Unit Value* Gross Performance
29-Jun-1291.22$1.0000-4.26%
27-Jul-1290.61$1.0000-4.90%
31-Aug-1294.62 $1.0000-0.69%
28-Sep-1295.93$1.00690.69%
2-Nov-1288.79$1.0000-6.81%
30-Nov-1285.72$1.0000-10.03%
28-Dec-1286.39$1.0000-9.33%
1-Feb-1391.00$1.0000 -4.49%
28-Feb-1393.10 $1.0000-2.28%
27-Mar-1396.32 $1.01101.10%
Gross Coupon. $0.00 per Unit Gross (USD)
7-May-1398.60$1.03493.49%
31-May-13105.24$1.06736.73%
28-Jun-13100.98$1.02412.41%
31-Jul-13 103.80$1.0527 5.27%
30-Aug-1399.68$1.01101.10%
30-Sep-1399.66$1.01081.08%
31-Oct-13107.48$1.0901 9.01%
29-Nov-13111.90$1.134913.49%
31-Dec-13117.88$1.195519.55%
31-Jan-14114.55$1.161816.18%
28-Feb-14118.42 $1.201020.10%
31-Mar-14 122.83$1.2457 24.57%
Gross Coupon. $0.12 per Unit Gross (USD)
30-Apr-14125.65$1.154327.43%
30-May-14129.87 $1.197131.71%
30-Jun-14133.08$1.229634.96%
31-Jul-14138.88 $1.2885 40.85%
31-Aug-14144.20$1.342546.25%
30-Sep-14141.0$1.3100 43.00%
31-Oct-14138.30$1.282640.26%
28-Nov-14148.00$1.381050.10%
31-Dec-14145.70$1.3577 47.77%
30-Jan-15138.00$1.279639.96%
27-Feb-15144.70$1.347546.75%
31-Mar-15138.50$1.2847 40.47%

* 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.