Clean Energy Series 1
A summary of the key features are as follows:
Top 10 Constituents By Index Weight
|Vestas Wind Systems AS||VWS||Industrials|
|Enphase Energy Inc||ENPH||Information Technology|
|NextEra Energy Inc||NEE||Utilities|
|Xcel Energy Inc||XEL||Utilities|
|SolarEdge Technologies Inc||SEDG||Information Technology|
|Plug Power Inc||PLUG||Industrials|
|Scottish & Southern Energy||SSE||Utilities|
Source: S&P Dow Jones Indices LLC. Data as of June 30, 2021.
Table is provided for illustrative purposes.
|Features||Clean Energy Series 1|
|Reference Asset/Index||S&P Global Clean Energy 3.5% Decrement Index|
|Potential Performance Coupon||Yes, there is potential for an uncapped Performance Coupon payable at Maturity based on the Index Performance|
|Performance Cap||No, there is no limit on the maximum potential Performance Coupon that can be paid at Maturity|
|Currency Exposure||No, the investment is fully hedged into AUD|
|Limited recourse Loan||Yes, Investors borrow 100% of the Investment Amount|
|Investment Term||2 years|
|Annual Interest Rate on Loan||6.65% p.a|
|Application Fee||1.65% including GST|
|Total Investment Cost||14.95% (payable upfront)|
Please refer to page 9 of the PDS for an outline of the key risks.
Sequoia Clean Energy – Series 1 provides an opportunity for Investors to participate in the clean energy transition by offering a 2-year investment that tracks the S&P Global Clean Energy 3.5% Decrement Index. The index comprises of companies that produce energy from solar, wind, hydro and other renewable sources, as well as companies that build and provide clean technology.