Liontamer

AUSTRALIA Series 1 (Trust 32) – Now Closed

Two exciting strategies to benefit from a potential sharemarket recovery

Like most economies, Australia has been significantly affected by the global downturn and the local sharemarket has in turn fallen dramatically - at the end of May 2009 the S&P/ASX 200 Index was down around 40% from its peak in 2007¹. However, Australia is known as the ‘lucky country’ for good reason. It is abundantly rich in natural resources and superbly located close to the world’s factory floor, Asia. The Australian government has acted swiftly to implement a comprehensive stimulus package backed by the lowest cash lending rates in its history – all measures designed to help Australia rebuild sustainable economic growth over the coming few years.

For investors who believe the bounce will return to the market over the next five to six years, AUSTRALIA Series 1 provides two exciting, yet quite different, investment options. The first offers 100% capital protection at maturity and exposure to all the Index gains (Protected Units)^#. The second option has no capital protection, but rewards investors with significantly boosted returns if the Index grows in value (Unprotected Units).

Please 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 Australia Index†

The Liontamer Australia Index is made up of the largest 200 companies by market capitalisation in the Australian sharemarket. The Index includes a diverse range of big Australian companies, many of which are household names in New Zealand, including ANZ Bank, Qantas, Westpac, BHP Billiton and Woolworths. It also provides a broad coverage of different industries and sectors including health care, media, banking, utilities, energy and resources.

Protected Units

Unprotected Units

Growth

100% of the rise in the Liontamer Australia Index (i.e. 1.0 times the rise) at maturity.

160% of the rise in the Liontamer Australia Index (i.e. 1.6 times the rise) at maturity.

Capital protection

100% capital protection at maturity#.

This means 100% of your capital will be repaid at maturity (after any entry fee paid), even if the Liontamer Australia Index falls in value.

No capital protection at maturity.

The units are exposed to any falls in the Index. For each 1% fall there is a 1% loss.

Term

6 year term

5 year term

Minimum investment

$5,000

Management fees

No annual fee charged by Liontamer.

Entry fee

3%, unless rebated by your financial adviser. This is a charge paid by you.

Early bird interest

During the offer period, your investment will be kept on deposit and earn a competitive market rate of interest which is used to purchase additional units of the relevant unit type for you.

Early maturity feature - Protected Units only

The Protected Units have an early maturity feature. If the financial instruments underlying the Protected Units reach a value of $1.60 per unit within the first three years, Liontamer will seek to sell the financial instruments and the Protected Units will mature early. This provides a way for investors in the Protected Units to exit if there is exceptional performance.

Early exit

This is a hold-to-maturity investment and the benefit of any applicable capital protection and the formula of returns only apply at the end of the term. However, early exits are available on a quarterly basis at the discretion of Liontamer.

Protected Units: the amount you will receive depends on:
1. Exceptional circumstances: in situations such as death or financial hardship, the early exit value of the units will mirror the value of the assets in the fund, less a 2% exit fee. This value could be above or below $1.00.
2. No exceptional circumstances: the early exit value of the units is restricted to a maximum value of $1.00, less a 2% exit fee. The value will be less than $1.00 if the assets within the fund are below $1.00. By withdrawing early you will get back less than you invested.
Unprotected Units: unit holders can request an early exit for any reason based on the current value of the assets in the fund (this could be above or below $1.00) less a 2% exit fee.

The restrictions for Protected Units described above do not apply to the Unprotected Units.

Key Dates

Opening date

22 May 2009

Closing date

7 August 2009 (unless extended)

1. Source: Thompson Reuters

#Capital protection at maturity only applies to the Protected Units and means you will receive back 100% of the combined amount invested and early bird interest (earned during the offer period) less any entry fee charged (up to 3%) and any exit fee. Capital protection only applies at maturity, or if the early maturity feature is triggered. 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 capital protection in the Investment Statement and the limited circumstances when capital protection may not be available.

†Liontamer Australia Index: Initial levels are averaged monthly over the first six months for the Protected Units and over the first three months for the Unprotected Units. Final Index levels are averaged monthly in the last year for both unit types. Averaging will protect you from any sharp falls in the index; however in a rising market averaging lessens returns.

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.

Important
Barclays Bank PLC does not guarantee repayment of the investment amount or any returns on the investment nor do they accept any liability to investors. However, as the Fund Asset Provider, Barclays Bank PLC is legally liable to pay to Liontamer as trustee of the fund, the investment amount plus any returns for the Protected Units and the formula of returns for the Unprotected Units.