ALTERNATIVE ENERGY Series 1 (Trust 30) – Now Open
A SOCIALLY RESPONSIBLE INVESTMENT OPPORTUNITY WITH CAPITAL PROTECTION
Access the exciting growth potential of the alternative energy sector with ALTERNATIVE ENERGY Series 1. This capital protected fund provides an exposure to a basket of 15 leading companies involved in renewable energy production; using sustainable resources such as wind, solar, geothermal, biomass and hydro power.
There is mounting recognition globally that relying on fossil fuels for transport and energy needs has its risks and consequences, including supply restrictions, escalating costs and a negative environmental impact. Governments and businesses are continually looking at ways to lessen their reliance on fossil fuels, leading to large volumes of investment and research into alternative energy production and processes.
ALTERNATIVE ENERGY Series 1 harnesses the potential of 15 diverse companies operating in this growth sector and offers investors a choice of two different unit types, which provide either full or partial capital protection at maturity.
Click on the icons to the right to get to a copy of our fund brochure and Investment Statement with application form.
Key Features
| Status |
Australian unit trust (only open to New Zealand residents and investors in countries outside of Australia to whom it is lawful to make an offer). |
|
|
| Liontamer Alternative Energy Index† |
The Liontamer Alternative Energy Index tracks 15 companies operating across a variety of industries around the world.
| Company |
Sector |
| Acciona |
Wind |
| Energias de Portugal |
Utility (Wind) |
| First Solar |
Solar |
| Fortum |
Utility (Hydro) |
| FPL Group |
Utility (Wind) |
| Gamesa |
Wind |
| Iberdrola Renovables |
Wind |
| Johnson Matthey |
Fuel Cells |
| MEMC Electronic Materials |
Solar |
Oesterreichische
Elektrizitätswirtschafts |
Utility (Hydro) |
| Ormat Technologies |
Geothermal |
| Q-Cells |
Solar |
| Séchilienne Sidec |
Biomass |
| Vestas Wind Systems |
Wind |
| Wacker Chemie |
Solar |
|
|
|
| Growth |
Base units:
- 90% of the rise in the Liontamer Alternative Energy Index (i.e. 0.9 times the rise).
- 100% capital protection at maturity#
Booster units:
- 110% of the rise in the Liontamer Alternative Energy Index (i.e. 1.1 times the rise) at maturity.
90% protection at maturity#. This means for each $1 unit, 90 cents is repaid at maturity. The extra 10 cents is used to obtain a boosted level of growth.
This means 100% for base units, or 90% for booster units of your capital will be repaid at maturity (after any entry fee paid), even if the Liontamer Alternative Energy Index falls in value. To ensure this is possible, the fund buys a financial instrument (Asset of the Fund) sold by the Fund Asset Provider designed to return the applicable original capital amount at maturity. The Fund Asset Provider is KBC Bank which has a Standard & Poor’s credit rating of AA-. |
|
|
| Early maturity feature |
If the financial instruments underlying the fund reach a value of $1.80 within the first three years, they will be terminated and the fund will mature early. This provides a way for investors to exit if there is exceptional performance. |
|
|
| Term^ |
Five and a half year term (+/-6 months) |
|
|
| Minimum investment |
$5,000 |
|
|
| Management fees |
No annual fee charged by Liontamer. |
|
|
| Brokerage |
2% will be paid by Liontamer (this is not a cost to the investor) |
|
|
| Entry fee |
3%, unless rebated by your financial adviser. This is a charge paid by you |
|
|
| Early exit |
This is intended to be a hold-to-maturity investment and capital protection only applies at the end of the term. Early exits are possible on a quarterly basis at the discretion of Liontamer. Unless there are exceptional circumstances behind the reason for your withdrawal, the maximum value of your units prior to maturity is $1 (less any break costs of the underlying investments held by the fund and a 2% early exit fee). By withdrawing early, you will get back less than you invested. |
|
Key Dates
| Opening date |
5 August 2008 |
|
|
| Closing date |
24 October 2008 (unless extended) |
|
|
| Limited availability |
If fully subscribed, the offer may close earlier. |
|
|
| Early
bird interest |
A competitive rate of interest paid to you until the investment date. Interest is used to purchase additional units for you |
|
|
# Capital protection at maturity means you will receive back 100% for base units, or 90% for booster units, of the combined amount invested and early bird interest (earned during the offer period) less any entry fee charged (3%) and any exit fee. Capital protection only applies at maturity. Early withdraws may result in investors receiving back significantly less than they put in, due to market movements, the exit fee and the fund’s establishment costs.
†Liontamer Alternative Energy Index: initial Index levels will be averaged monthly over the first six months and final Index levels are averaged monthly in the last year. Averaging protects you from any sharp falls in the Index. In a rising market averaging lessens returns.
^Term: Liontamer has the discretion to reduce or increase the maturity date by six months, depending on market movements during the offer period. The term will be set on or before the strike date. Investors will be advised of the term on their investment certificate.
Full details are contained in the Investment Statement and registered Prospectus, provided by Liontamer Investment Management Pty Ltd (ABN 23 104 174 325). Copies are available upon request from Liontamer Investor Relations on 0800 210 451. Early withdrawals may result in investors receiving back significantly less than they put in, due to market movements, the exit fee and the fund’s establishment costs. There is a more detailed description of the capital protection in the Investment Statement and the limited circumstances when capital protection may not be available. This is a medium-term investment intended to be held for the full term.
Important
None of KBC Bank NV, KBC Asset Management NV nor KBC Group NV guarantees repayment of the investment amount or any returns on the investment nor do either of them accept any liability to investors. However, as the Fund Asset Provider, KBC Bank is legally liable to pay to Liontamer as trustee of the Trust an amount equivalent to the Investment Amount and the Index Linked Return. Neither KBC Group NV nor any other member of the KBC Group guarantees the obligations of KBC Bank.
|
