Vestin Masti Series 5 – S&P 500
The U.S. Share Market As Measured by the S&P 500 Price Return Index
Vestin Masti (“Masti”) is a solution for Investors who want to access the growth potential of the US share market 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 5|
|Reference Asset||S&P 500 Price Return Index|
|Finance Cost Rate||8.85% p.a.|
|Fixed Coupon*||4.00% of the Issue Price per Unit|
|* payable at the end of Year 1 & 2, set off against Finance Cost Payment|
- Product Disclosure Statement (PDS)
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|
|Initial Strategy Value||207.38|
|Date||Market Reference||Reference Index Return|
|*Initial Strategy Value|