Enhanced Growth

Key Features:

• Reference Assets: Single or basket of market-linked assets (i.e. stocks, commodities, bonds, ETFs or funds).‍
• Worst Performer: ‘Worst-performer’ relates to the reference asset with the highest % fall in each basket of stocks.
• Exposure: Small cash outlay for full investment exposure (high cash efficiency).
• Risk: Investors aren’t able to lose more than their initial capital outlay.

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Enhanced Growth Note Example: ‍S&P 500 Futures Index with Lookback Entry and Average Out Features

This 2-year strategy provides cost-efficient exposure to the S&P 500 futures index, allowing investors to free up existing capital or take a leveraged position.

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• For every $19.75K invested gain $100k notional exposure to the performance of the index.
  
• A built in currency hedge protects investors from the possibility of USD weakening relative to AUD.
• This strategy includes a 3-month lookback entry and 3-months of averaging out to reduce the timing risk on entry/exit. 
• The S&P 500 Futures Excess Return Index tracks the performance of front-quarter ‘E-mini S&P 500’ which is one of the most traded assets in the world, and closely tracks¹ the performance of the S&P 500.
• Enhanced growth strategies are high risk, if the average exit price of the index isn't above its lookback entry price, investors would lose the entirety of their capital.²

Lookback Entry and Average Exit Features:

The ‘lookback entry’ and ‍ features help to mitigate the risk of a potential price fall in the index at the start and at the end of the term. Rather than looking at the starting price and ending price, it takes the lowest daily close over the first 3 months and the average daily close over the last 3 months.

The figures below show an extreme example¹ of the benefits of these features. Over this period, the lookback entry meant that investors were able to capture the 2020 COVID-19 pullback. This example uses the S&P500 Index and is for explanatory purposes only.

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Scenarios: Example of a $19,750 Investment

Scenario 1: Bullish

The reference asset is up 40.00% at maturity. +102% ROI

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• $19.75k cash outlay provides $100k of notional exposure
• The performance of the strategy [Average Exit – Lookback Entry] is +40% over the term.
• Investor Receives back 40% on $100k notional = $40,000

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Scenario 2: Low Growth

The reference asset is up 10.00% at maturity. -49.4% ROI

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• $19.75k cash outlay provides $100k of notional exposure
• The performance of the strategy [Average Exit – Lookback Entry] is +10% over the term.
• Investor Receives back 10% on $100k notional = $10,000

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Scenario 3: Bearish

The reference asset is down -25% at maturity. -100% ROI

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• $19.75k cash outlay provides $100k of notional exposure
• The performance of the strategy [Average Exit – Lookback Entry] is -20% over the term.
• Investor Receives back -20% on $100k notional = $0 

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1. S&P 500 Futures Index performance will vary from the S&P 500

2. Subject to the credit risk of the issuer.‍

3. Wholesale investors only. All figures are illustrative. Review the issuer’s docs and seek tax/financial advice.

4. Product terms and pricing are indicative only and subject to change.

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