Launch Series 56
Berkshire Hathaway Inc – Class B Shares
Launch Series 56 provides Investors with exposure to Berkshire Hathaway Inc – Class B Shares.
Key Features:
- Two potential Performance Coupons of up to 10.8% each, at the end of Year 1 & Year 2, plus the potential for an uncapped Final Coupon at Maturity, subject to averaging and changes in the AUD/USD exchange rate
- 100% Limited Recourse loan with interest rates of 5.95% p.a.
- Risk management fee of 0.7% p.a.
- 2.2% application fee
- Receive $100,000 exposure for a total outlay of $22,150
- A variable participation rate mechanism designed to manage market risk associated with the performance of the Reference Asset – refer to the Termsheet PDS for more information
- Averaging
- No margin calls
- SMSF’s are eligible
Offer Close Date: Friday, 22 May 2020
Be the first to receive a copy of the PDS, by registering your interest or calling 02 8114 2229.