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Vestin Masti Series 4 – Select Indices Basket

A 3 year investment in a basket of Technology, Consumer Discretionary and Indian stocks

Vestin Masti (“Masti”) is a solution for Investors who want to access the growth potential of a basket of Technology, Consumer Discretionary and Indian stocks over a three-year period with certainty over Finance Cost deductibility whilst also minimising risk.

Masti provides leveraged exposure without the upfront payment of a margin loan or the risk of a margin call with the added benefit of regular predictable income.

Investors enjoy the cash flow benefit of being able to pay finance cost annually in advance and receive fixed Coupons during the Investment Term that are not dependant on performance. The fixed Coupons are set-off against the Prepaid Interest payments, reducing the net amount payable by Investors.

 

 Vestin Masti Series 4
Reference Asset  Select Indices Basket Index
Finance Cost Rate  7.85% for the First Period and 6.85% for Second & Third Periods; Total Finance Costs* = 11.05% for the First Period and 7.85% for the Second & Third Periods. *Total costs include application fee and advisor fees
Fixed Coupon*   4.00% of the Issue Price per Unit
payable at the end of Year 1 & 2, set off against Finance Cost Payment  

 Downloads:

  • Product Disclosure Statement (PDS)
  • Flyer

1. Product Ruling is only a ruling on the application of taxation laws and in no way express or implies a guarantee or endorsement of the commercial viability of Masti, of the soundness or otherwise of Masti as an investment, or of the reasonableness or commerciality of any fees charged in connection with Masti. The Product Ruling is only binding on the Commissioner of Taxation if the investment in Masti is implemented in the specific manner provided in the Product Ruling. Product Ruling PR 2015/1 issued by the Australian Taxation Office applies to all Series in this Offer. You can obtain a copy of the Product Ruling by contacting us

Initial Strategy Value

Date        Market Reference Level
31/10/2016                           147.15
28/11/2016                           142.88
28/12/2016                           143.45
Initial Strategy Value                           144.50

Fixed Coupon

03/10/2017                          4.00%
02/10/2018                          4.00%

Performance

Date  Market Reference  Reference Index Return
31/10/2016        144.50*                      0.00%
30/11/2016        142.88                     -1.12%
30/12/2016        143.87                     -0.44%
31/01/2017        150.31                      4.02%
28/02/2017        158.63                      9.78%
31/03/2017        163.71                      13.29%
28/04/2017        169.14                      17.05%
31/05/2017        174.79                      20.96%
30/06/2017        168.62                      16.69%
31/07/2017        179.36                      24.13%
31/08/2017        179.31                      24.09%
29/09/2017        174.33                      20.65%
31/10/2017        182.56                      26.34%
30/11/2017        188.32                      30.33%
29/12/2017        194.10                      34.33%
31/01/2018        207.74                      43.76%
28/02/2018        190.97                      32.16%
29/03/2018        186.29                      28.92%
30/04/2018        185.41                      28.31%
31/05/2018        185.34                      28.26%
30/06/2018        186.61                      29.14%
31/07/2018        194.48                      34.59%
31/08/2018        199.20                      37.85%
28/09/2018        189.90                      31.42%
31/10/2018        178.17                      23.30%
30/11/2018        184.15                      27.44%
31/12/2018        174.99                      21.10%
31/01/2019        179.42                      24.17%
28/02/2019        181.13                      25.35%
29/03/2019        188.45                      30.42%
30/04/2019        192.10                      32.94%
31/05/2019        185.61                      28.45%
28/06/2019        193.03                      33.58%
31/07/2019        190.73                      31.99%
30/08/2019        187.30                      29.62%
*Initial Strategy Value