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| Rebate Offer |
2.2% (100%) |
| Minimum Initial Investment |
$10,000 |
| Expected Close Date |
Ongoing* |
| Description |
Macquarie Deposit plus Access 200 is a 5 year deposit with Macquarie Bank Limited and a deferred purchase agreement that accesses the potential upside of the S&P/ASX 200 index above a set hurdle, at maturity. |
| Product Disclosure Statement |  | Download Product Disclosure Statement (PDS) |  | Request Product Disclosure Statement (PDS) |
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The Macquarie Deposit plus Access 200 (Macquarie DPA 200) comprises of a fixed rate deposit and a deferred purchase agreement that will access any upside to the performance of the S&P/ASX 200 (Access 200 Investment) capped to a percentage of the ASX 200 start level.
Your investment will be applied as follows:
Deposit
90% of the application amount will be placed on deposit with Macquarie Bank Limited, an Australian Authorised Deposit-taking Institution which are currently covered by the Government guarantee for up to three years1. At an indicative interest rate of 4.45% pa, Macquarie DPA 200 offers a competitive alternative to many term deposits on the market. As the interest rate is fixed for the term (5 years) investors can invest now with the certainty of knowing that they will receive interest payments annually at a fixed rate.
Access 200 Investment
10% of the application amount will be used to provide investors with a deferred purchase agreement that is linked to the performance of the S&P/ASX 200 index. At maturity, the value of the Access 200 Investment will include any positive performance of the S&P/ASX 200 index above a set hurdle 100%-150% and below a cap level of 130%-180%, over the closing level of the S&P/ASX 200 index on the issue date. The Access 200 Investment is capital protected at maturity but is not covered by the Government guarantee.
Alternatively investors can choose to place 100% of the application amount on deposit with Macquarie Bank Limited.
The Macquarie DPA 200 is designed to be held to maturity (5 years). If the investment is held to maturity an investor will receive2
- The original application amount
- Five annual fixed interest payments; and
- Any gain on the S&P/ASX 200 index between a set hurdle and cap.
*The Macquarie Deposit plus Access 200 investment is an ongoing investment option open for investment
- Monthly application windows commencing 15 April 2009
- Applications close 3:00pm (Sydney time) on each close date.
For the current fixed interest rate, the fixed percentage used to set the hurdle and cap rates and relevant issue and close dates, please visit the Macquarie DPA website. Please note that to invest with 100% rebate of the entry fee from 2020 DIRECTINVEST you will need to use the product disclosure statement obtained below.
1. With an indicative interest rate at 4.45%, Macquarie DPA 200 offers a competitive alternative to many term deposits on the market. As the interest rate is fixed for the term (5 years) investors can invest now with the certainty of knowing that they will receive interest payments annually at a fixed rate.
2. Subject to the risks set out in the PDS.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 2.2% upfront commission on investments in the Macquarie Deposit plus Access 200 as additional units. 2020 DIRECTINVEST may receive a trailing commission of up to 0.275% pa. This trailing commission is paid by the fund manager and is NOT an additional charge to the investor. |
| Download Product Disclosure Statement (PDS) | | Request Product Disclosure Statement (PDS) | | Product Flyer |
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