Sequoia Optimiser Series 1 –
US Share Market – Open Now
The S&P 500 is widely regarded as the best single gauge of large-cap U.S. equities. Created in 1957, the S&P 500 was the first U.S. market cap weighted stock market index. This world-renowned index includes 500 of the top companies in leading industries of the U.S. economy and covers approximately 80% of available market capitalization.
Optimized Entry Feature
Series 1 includes an Optimized Entry feature which enables the investor to benefit from a lower starting level for their investment in the event of a pullback in the US share market as measured by the S&P 500 with a 13% Volatility Target during the first 6 months of the investment term.
The reason the Issuer has decided to include this feature is because the Issuer believes a risk does exist that a short-term market correction in the S&P 500 could occur during 2020 before a possible rebound into 2022. Whilst there is absolutely no assurance that such a market scenario will actually unfold, Series 1 enables investors to optimize the entry point for their investment in such a case.
This is achieved by observing the Strategy Value at the end of each month during the first 6 months of the investment term and choosing the lowest of the 7 observed values as the Initial Strategy Value. The Initial Strategy Value is then used as the starting point for calculating the Performance Coupon payable at Maturity.
Offer Close Date: Tuesday, 24 March 2020
Be the first to receive a copy of the PDS, by registering your interest or calling 02 8114 2229.