Limited RecourseLoan to fund DPA Units
Investments in DPAs issued by Sequoia Specialist Investments Pty Ltd can be funded via a Limited Recourse Loan (“the Loan”). The features of such Loans offered by SSI include:
- 100% Gearing: The Loan will always fund 100% of the Investment Amount;
- Limited in recourse to the value of the DPA Units;
- Interest rates are fixed
- Interest payable on the Loan is prepaid upfront for the full term of the Loan at the commencement of the Loan;
- Maximum loss that can be ever incurred is the Prepaid Interest, Application Fee, any other fees plus any Upfront Adviser Fee (refer to the Termsheet IM or Termsheet PDS) . There is no additional risk of loss in relation to the Loan Amount.
- No initial margins;
- No margin calls;
- No credit checks or impact of credit score;
- SMSF eligible;
