Perpetual Protected Investments - Series 3

Perpetual Protected Investments - Series 3
A capital protected investment with up to 100% gearing and no margin calls.
 Perpetual
Rebate Offer 2.2% (100% rebate of initial charge)

Register on or before the 26th May and receive a further 0.15% discount on the loan interest)
Minimum Initial Investment $25,000 if using just your own money or $50,000 if using the investment loan to pay for your contribution
Offer opens 26th May 2008
Offer closes 27th June 2008
Product Disclosure Statement
Application/PDS
 
Perpetual Protected Investments - Series 3 is a capital protected investment with up to 100% gearing enabling investors to gear a portfolio with no capital outlay, in-built safety features and no margin calls.

Key features and benefits

Choose from a range of 20 managed funds
Investors are able to choose from a range of funds and managers covering Australian and global equities, Chinese and Asian equities, global resources, global property and global infrastructure

100% loan available - No capital outlay required before investment
Investors can borrow up to 100% Investment Loan with fixed and variable interest rate options, plus an optional Annual Interest Loan to borrow and prepay the interest on your 100% Investment Loan each year (fixed rate investment loans only). - Not available for SMSFs

Safeguard capital
This product provides you with access to a dynamic management strategy that aims to ensure that the value of your portfolio will at least equal your investment amount at the protection end date (31 May 2015). You must remain invested till this date to receive the benefit of capital protection.

No margin calls
You don’t pay any margin calls along the way.

Diversification
You can build a growth-oriented portfolio by choosing from a range of 20 investment strategies.

Manage cash flow
All fees are deducted out of the product so you do not have to pay these fees from other sources.

If you borrow to invest using a 100% Investment Loan you can lock in fixed interest payments, allowing you to better plan your cash flows each year.

Tax-effective structure
With Perpetual Protected Investments – Series 3 you have absolute entitlement to the units in the funds you select. This means any capital gains and/or losses arising during the protection period in relation to those fund units are directly attributed to you.

If you borrow to invest, you will have the potential to claim a tax deduction for fees and interest on the loan as well as the fees for the product.

Flexibility at the protection end date
At the end of the protection period (subject to repaying any outstanding loan amounts) you can:

  • continue holding the fund units (with no capital protection),
  • redeem them for cash, or
  • potentially roll them over into another series of Perpetual Protected Investments (if one is available).

Borrowing to invest

Minimum amounts
For the 100% Investment Loan, the minimum amount you can borrow is $50,000.

Interest rate options
For the 100% Investment Loan, you can choose from one of the following three interest rate options:
1. Variable
2. Fixed annually
3. Fixed for the term
PDS update from Perpetual

Due to the changes in interest rate deductibility for capital protected borrowings announced in the recent Federal Budget, Perpetual Protected Investments - Series 3 has been issued with a new Supplementary PDS.

All investors should download and read the supplementary disclosure statement, before signing the acknowledgement at the bottom of page 1 of the Application Form at the back of the PDS. If there is no acknowledgement at the bottom of page 1, please print and sign the following in the space at the bottom of page 1:

"I have read and understood the supplementary PDS dated 23 May 2008"

Perpetual has decided not to offer the Capitalised Investment Loan option to any investors which was intended to be available to SMSF investors.

However, Perpetual will continue to offer the 100% investment loan option (non-SMSF).

What do we get paid

Wealth Focus will rebate 100% of the 2.2% entry fee on investments in the Perpetual Protected Investment Product as additional units. Wealth Focus also receives a 1.1% commission on the investment loan and may also receive a trailing commission of up to 0.65% pa of the value of the investment loan. This trailing commission is paid by the fund manager and is NOT an additional charge to the investor.

 
Perpetual Protected Investments - Series 3

Investment PDS Documents

Key Facts

 

Fund Choice

Australian equity funds
Ausbil Australian Active Equity Fund
Ausbil Australian Emerging Leaders Fund
NEW – Challenger Wholesale Australian Share Fund
Perpetual’s Wholesale Australian Fund
Schroder Wholesale Australian Equity Fund
NEW – Vanguard Australian Shares Index Fund

Global equity funds
AXA Wholesale Global Equity Value Fund
NEW – DWS Global Equity Thematic Fund
GVI Global Industrial Share Fund
Perpetual’s Wholesale International Share Fund
T. Rowe Price Global Equity Fund
NEW – Vanguard International Shares Index Fund (Hedged)

Specialist funds
Aberdeen Asian Opportunities Fund
Colonial First State Wholesale Global Resources Fund
IOOF/Perennial Global Property Trust
Macquarie International Infrastructure Securities Fund
NEW – Merrill Lynch Global Allocation Fund Class D Units
NEW – Perpetual’s Wholesale Ethical SRI Fund
NEW – Platinum Asian Fund
NEW – Premium China Fund