Launch Series 4
Sequoia Launch is the latest innovation from Sequoia Specialist Investments.
Launch Series 4 has matured on 30 June 2017. The investment will pay a Final Coupon of 23.63% to investors.
Launch Series 4 provides investors with exposure the US share market as measured by the S&P500 Price Return Index with hedged exposure to currency movements (the “Reference Asset“)
The investment is a significant leap forward in leveraged investments, as it provides uncapped performance potential to your choice of Reference Asset, the benefit of a 100% Limited Recourse Loan with Prepaid Interest for the 3 year Investment Term of $0.162 (5.40% p.a. per Unit), Currency Hedging (Series 4) for 0.50%p.a and additionally, provided that the Reference Asset at maturity is higher than it was at the beginning of the investment, investors will receive at least their Interest (16.2%) back via a Final Coupon.
Sequoia Launch Units Work Like This:
If the Reference Asset Ending Level is above the Reference Asset Starting Level, the Final Coupon per Unit will be $1.00 multiplied by the greater of:
- 16.2%; and
- the performance of the Reference Asset during the Investment Term.
The payment of the Final Value and the Final Coupon at Maturity is summarised in the diagram below:
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Starting Level
Date
30 June 2014
Reference Asset Starting Level
1,960.23
Launch Series 4 (S&P500) Performance
| Date | Reference Asset Level | Indicative Unit Value* | Gross Performance |
|---|---|---|---|
| 30-Jun-2014 | 1960.23 | $1.00 | 0.00% |
| 31-Jul-2014 | 1903.70 | $1.00 | (1.51%) |
| 29-Aug-2014 | 2,003.40 | $1.022 | 2.20% |
| 30-Sep-2014 | 1972.30 | $1.0062 | 0.62% |
| 31-Oct-2014 | 2018.05 | $1.0295 | 2.95% |
| 28-Nov-2014 | 2067.00 | $1.0545 | 5.45% |
| 31-Dec-2014 | 2058.90 | $1.0503 | 5.03% |
| 30-Jan-2015 | 1995.00 | $1.0177 | 1.77% |
| 27-Feb-2015 | 2104.50 | $1.0736 | 7.36% |
| 31-Mar-2015 | 2067.90 | $1.0549 | 5.49% |
| 30-Apr-2015 | 2085.51 | $1.0639 | 6.39% |
| 29-May-15 | 2107.40 | $1.0751 | 7.51% |
| 30-Jun-2015 | 2063.1 | $1.0525 | 5.25% |
| 31-Jul-2015 | 2103.84 | $1.0733 | 7.33 |
| 31-Aug-2015 | 1972.20 | $1.0061 | 0.61% |
| 30-Sep-2015 | 1920.00 | $1.000 | -2.05% |
| 31-Oct-2015 | 2079.36 | $1.0608 | 6.08% |
| 30-Nov-2015 | 2080.41 | $1.0613 | 6.13% |
| 31-Dec-2015 | 2043.94 | $1.0427 | 4.27% |
| 29-Jan-2016 | 1940.20 | $1.000 | -1.02% |
| 29-Feb-2016 | 1932.23 | $1.000 | -1.43% |
| 31-Mar-2016 | 2059.74 | $1.058 | 5.08% |
| 30-Apr-2016 | 2065.30 | $1.0536 | 5.36% |
| 31-May-2016 | 2096.50 | $1.0695 | 6.95% |
| 30-Jun-2016 | 2098.86 | $1.0707 | 7.07% |
| 29-Jul-2016 | 2173.60 | $1.1088 | 10.88% |
| 30-Aug-2016 | 2176.12 | $1.1101 | 11.01% |
| 30-Sep-2016 | 2168.27 | $1.1061 | 10.61% |
| 31-Oct-2016 | 2126.15 | $1.0846 | 8.46% |
| 30-Nov-2016 | 2198.81 | $1.1217 | 12.17% |
| 30-Dec-2016 | 2238.83 | $1.1421 | 14.21% |
| 31-Jan-2017 | 2278.90 | $1.1626 | 16.26% |
| 28-Feb-2016 | 2363.64 | $1.2058 | 20.58% |
| 31-Mar-2017 | 2362.72 | $1.2053 | 20.53% |
| 28-Apr-2017 | 2384.20 | $1.2163 | 21.63% |
| 31-May-2017 | 2411.80 | $1.2304 | 23.04% |
| 30-Jun-2017 | 2423.41 | $1.2362889 (matured) | 23.62889% (Final Coupon) |
* Unit Value: Investors please note this is not an unwind price. This investment is designed to be held to maturity. It has been provided as a guide of approximate value for reporting purposes. Any investors seeking to redeem prior to maturity may recieve an amount significantly different to the Indicative Unit Value stated..