The JB Global Pinnacle Units – Series 2 have matured on 29 August 2014. It has delivered total returns to investors of approximately 27.51%* during the Investment Term. The Final Value will be 27.51% of the Investment Amount.
*(comprised of the Final Value and Performance Coupons and reduced by the Performance Fees payable to the Lead Adviser and after conversion to AUD)
TheJB Global Pinnacle Units Series 2 are designed to offer Investors exposure to the performance China & India’s (Chindia) share markets as measured by exposure to the average movements in the Hang Seng China Enterprises (HSCEI) Index and the SGX S&P CNX Nifty Index Futures (denominated in US dollars*).
Key Features:
- An investment term of approximately 3 years.
- Potential for enhanced exposure to the relevant Reference Asset (because the Issue Price is a fraction of the Notional Exposure).
- Suitable for self managed superannuation funds (“SMSFs”).
- A variable Participation Rate, with the potential for a maximum of 150% (Series 1 & 2)** exposure to the relevant Reference Asset, depending on the volatility of relevant Reference Asset.
- Contingent Coupons of up to 9% p.a. of the Notional Exposure per Unit paid at the end of the first 2 years of the Investment Term, depending on the performance and volatility of the relevant Reference Asset*** and the Participation Rate.
- An Issue Price per Unit of $0.1875 (Series 2) is payable upfront in respect of the Investment Term. This provides you with a Notional Exposure of $1.00 per Unit.
* The potential returns (comprising Coupons and Final Value) for Series 2 are subject to movements in the AUD/USD exchange rate i.e. if the AUD/USD exchange rate increases, amounts payable in respect of the Units decrease. However, investors receive amounts in Australian dollars. Amounts payable are converted from US dollars to Australian dollars at the AUD/USD spot exchange rate at the relevant time.
** The minimum Participation Rate is 0% which means investors have no exposure to the relevant Reference Asset.
*** Net of performance fees payable to the Lead Adviser
Downloads:
The Issuer of the JB Global Pinnacle Units – Series 2 is the JBG Structured Investments Pty Limited. In deciding whether to acquire, or hold an interest in the JB Global Pinnacle Units – Series 2 Investors should obtain the Product Disclosure Statement (PDS) dated 25 July 2011. This is available by contacting JB Global and from the links above or by contacting JB Global Investment Services.
JBG Pinnacle Series 2 – Initial Strategy Value
Initial Average Date
Initial Average Date 1
Initial Average Date 2
Initial Average Date 3
Average Initial Value
Date
2 September 2011*
30 September 2011
31 October 2011
.
Strategy Value
100.00
93.59
99.63
97.74
* Please note, that due to a public holdiay in India on 31 Aug & 1 Sept 2011, the first observation date is now 2 September 2011 for Series 2
JBG Pinnacle Series 2 – Final Strategy Value
Final Average Date
Final Average Date 1
Final Average Date 2
Final Average Date 3
Average Final Value
Date
30 June 2014
30 July 2014
1 September 2014
.
Strategy Value
117.57
125.94
127.91
123.81
JBG Pinnacle Series 2 – AUD/USD Rates
AUD/USD
AUD/USD
Commencement Date
Maturity Date
1.0696
0.9332
JBG Pinnacle Series 2 – Performance Coupons
Date
Coupon: 31 August 2012
Coupon: 30 August 2013
Final Value: 1 September 2014
Amount
$0.00 per Unit (0.00%)
$0.00 per Unit (0.00%)
$0.27511 per Unit (27.511%)^
^Net of Performance Fees and after converstion to AUD.
JPG Pinnacle Series 2 (Chindia) Performance
Date | Indicative Strategy Value | Indicative Unit Value* | Gross Performance |
---|---|---|---|
30-Dec-11 | 95.61 | $0.0000 | -2.05% |
31-Jan-12 | 103.6 | $0.0000 | 6.14% |
28-Feb-12 | 104.01 | $0.0000 | 6.56% |
10-Apr-12 | 99.73 | $0.0000 | 2.17% |
4-May-12 | 98.67 | $0.0225 | 1.09% |
1-Jun-12 | 91.26 | $0.0000 | -6.51% |
29-Jun-12 | 94.85 | $0.0000 | -2.83% |
27-Jul-12 | 92.46 | $0.0000 | -5.28% |
Coupon. $0.00 per Unit Gross | |||
31-Aug-12 | 93.2302 | $0.0000 | -4.49% |
28-Sep-12 | 100.32 | $0.0278 | 2.78% |
2-Nov-12 | 105.92 | $0.0851 | 8.51% |
30-Nov-12 | 105.72 | $0.0831 | 8.31% |
28-Dec-12 | 110.49 | $0.1320 | 13.20% |
1-Feb-13 | 116.2 | $0.1905 | 19.05% |
19.05% | 106.92 | $0.0954 | 9.54% |
28-Mar-13 | 103.54 | $0.0608 | 6.08% |
7-May-13 | 108.23 | $0.1088 | 10.88% |
31-May-13 | 104.41 | $0.0697 | 6.97% |
28-Jun-13 | 96.83 | $0.0000 | -0.80% |
31-Jul-13 | 98.02 | $0.0042 | 0.42% |
Coupon. $0.00 per Unit Gross | |||
30-Aug-13 | 96.3 | $0.0000 | -1.34% |
30-Sep-13 | 100.46 | $0.0292 | 2.92% |
31-Oct-13 | 150.08 | $0.0765 | 7.65% |
29-Nov-13 | 107.71 | $0.1035 | 10.35% |
31-Dec-13 | 106.1 | $0.0870 | 8.70% |
31-Jan-14 | 99.33 | $0.0176 | 1.76% |
28-Feb-14 | 101.25 | $0.0373 | 3.73% |
31-Mar-14 | 106.85 | $0.0947 | 9.47% |
30-Apr-14 | 104.86 | $0.0743 | 7.43% |
30-May-14 | 112.61 | $0.1537 | 15.37% |
30-Jun-14 | 117.07 | $0.1994 | 19.94% |
31-Jul-14 | 124.35 | $0.2739 | 27.39% |
1-Sept-14 | Matured | Matured | Matured |
* Unit Value: Investors please not 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 receive an amount significantly different to the Indicative Unit Value stated.