ANZ ASIA DISCOVERY FUND
| Fee Rebate | 3.0% (100%) |
| Min Investment | $10,000 |
| Expected Close | 13/06/2008 |
| ANZ Discovery Asia Fund is a fund of hedge funds aiming for absolute returns from Asian in times of rising or falling markets. Investors may purchase a put option at outset to provide capital protection and borrow up to 100% with no capital outlay or margin calls. | |||||||||||||
| Key features and benefits | |||||||||||||
| 100% loan available – No capital outlay required for investment Investors can borrow up to 100% of the Application Amount from ANZ through an interest only Loan with no margin calls and at interest rates fixed for either the entire Loan term or fixed annually for each year of the Loan term. – Not available for SMSFsCapital Protection ANZ will employ the Dynamic Management process to provide investors with capital protection at maturity. As an additional layer of protection, ANZ has also made available a Put Option to approved Investors. Exercisable at Maturity, the Put Option will ensure a Unit holder receives at least an amount equal to their application amount. Diversification – the Fund, indirectly via the Swap, offers diversification by providing access to around 20 to 25 core managersutilised by the Underlying Fund; Exposure to the potential growth of Asia – access to Asian investment strategies with substantially lower exposure to Asian equity market risk than traditional Asian equity investments; Dynamic Management – active management of the Swap aims to provide capital protection of the Fund’s investment in the Swap; Access to the Underlying Fund – leveraged exposure to returns generated by the Underlying Fund (via the Swap), which are not widely available to the Australian investing public. No margin calls |
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| Borrowing to invest | |||||||||||||
| Minimum amounts For the 100% Investment Loan, the minimum amount you can borrow is $50,000. |
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What do we get paid
Wealth Focus will rebate 100% of the 3% entry fee on investments in the ANZ Discovery Asia Fund as additional units. Wealth Focus also receives a 0.5% commission on the investment loan and may also receive a trailing commission of up to 0.25% pa of the investment and 0.5% pa 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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