MACQUARIE FUSION FUNDS (NOV 09)
| Fee Rebate | 1.0% (100%) |
| Min Investment | NIL |
| Expected Close | 08/12/2009 |
| Macquarie Fusion® Funds (Fusion Funds) provides investors with the opportunity to gain exposure to a choice of 14 managed funds, with the ability to borrow 100% of the investment and protect 100% of the initial investment amount at maturity. |
| Key features and benefits |
| Exposure to a choice of 14 managed funds that are generally not available for direct investment by Australian retail investors. No up front capital required. Fusion Funds requires you to borrow 100% of the investment amount, allowing you to invest without having to tie up investment capital.Protection of 100% of the initial investment amount at maturity through the purchase of a Put Option. Importantly, there are no margin calls.
Rising profit lock in. If the value of your units in a Fusion Fund rise above a “Profit Trigger” at an annual review, capital protection rises to to a “New Protected Amount”. An ATO Product Ruling (PR 2009/51)** is available, addressing the tax consequences for eligible investors of borrowing to invest. |
What do we get paid
Wealth Focus will rebate the 1.0% commission (100%) of the investment loan application fee in the form of a cheque and may also receive a trailing commission of up to 0.50% 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.
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