Sequoia Launch Units – Series 41 – Multi Asset Strategy

Sequoia Launch Units – Series 41 – Multi Asset Strategy

The objective of the Units in Sequoia Launch Series 41 is to deliver positive returns to investors, regardless of market conditions over a 4 year period. The Units aim to achieve this by offering leveraged exposure to the BNP Paribas Multi-Asset Diversified Vol 4 EUR Future Index (”the Reference Asset or Index”). A summary of the key features are as follows:

Features
  • Reference Asset
  • Currency Exposure
  • The potential for 4 uncapped Performance Coupons
  • Limited recourse Loan
  • Annual Interest Rate on Loan
  • Application Fee
  • Margin Calls
  • SMSF Eligibility
Strategy value
  • BNP Paribas Multi-Asset Diversified Vol 4 EUR Future Index
  • AUD Hedged
  • Four (4) potential uncapped Performance Coupons, payable annually, calculated by reference to the performance of the Reference Asset, as reduced by a 10% Performance Fee
  • Yes. Investors borrow 100% of the Investment Amount.
  • 1.99% p.a.
  • 2.0%
  • No
  • Yes

Downloads

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

Reference Asset Starting Value

Date

1 August 2018

Strategy Value

100

Reference Asset Closing Value

Date

1 August 2022

Strategy Value Strike

TBA

Performance Coupons

Date

First Coupon: 1 August 2019

Second Coupon: 3 August 2020

Third Coupon: 2 August 2021

Fourth Coupon: 1 August 2022

Performance Coupon (%)

TBA

TBA

TBA

TBA

Launch Series 41 (Multi Asset Strategy) Performance

DateReference Asset LevelIndicative Unit Value*Performance
31-Aug-2018101.24$1.01241.24%
28-Sep–2018101.29$1.01291.29%
31-Oct–201899.32$1.00-0.68%
30-Nov-201899.030$1.0000-0.97%

* 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

 Launch Series 41- Key Risks

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.
  • 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 Launch Units – Series 41 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 Launch Units – Series 41 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 June 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 or contacting your financial adviser. You should consider the Term Sheet & Master PDS’ before deciding whether to invest in Units in Sequoia Launch Units – Series 41.  Capitalised terms on the webpage have the meaning given to them in Section 10 “Definitions” of the Master PDS