Search results

You're assuming that, if the market rises 10% per year, your portfolio increases by 10% per year. That's not what seems be to happening when you look at the final value of the units shown on page 15 of the PDS. Do as you like, but be careful. Cheers,

The entry fee & performance is for the financial adviser (ie, salesperson) selling the product, not for the fund manager. The fund manager will get paid not matter what, don't worry about them. Otherwise they wouldn't have created the product.;) Cheers,

Actually I was wrong. I underestimated the coupons. Have a look at the coupon payments on page 17. You need to take that into account. Although far from guaranteed, it was paid most of the time. It looks like in a gently rising market (10% year), you will get a decent coupon. You'd be...

David, I wouldn't count on a coupon value of 7%. Have a look at the Lonsec research that highlights 3 scenarios. In 2 of the 3 scenarios the second coupon value is 0. If the fund pays a high coupon, it can't recover any potential losses at the end as it provides a guarantee. I don't expect a...

Good point. The investment bankers get paid a lot & charge as much as they can get away with. It's not a 'nice' industry. You need to read the PDS very carefully. Could be some hidden traps in there. Cheers,

First impression: Seems to good to be true. Borrowing at 4.5% to be fully geared with a non-recourse loan? How do they manage that? As Keith said: where is the risk? The first link you posted doesn't work. This "independent" review, who paid for it? Why is it from the fund...