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Berkshire Hathaway Income & Equity Accelerator - Series 6 |
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The JB Global Income and Equity Accelerator - Series 6 aims to provide investors with exposure to the performance of Warren Buffett’s investment holding company, Berkshire Hathaway inc combined with a 100% Limiited Recourse Loan as well as Currency Hedging to reduce the many of the risks often associated with such an investment
Features Include:
- Potential income of two coupons of up to 8.1% each;
- 100% compulsory borrowing to fund your Investment, at an interest rate of 4.95%p.a, which must be pre-paid when you apply for the Units;
- No currency exposure. Currency Heding Fees of 1.05% p.a which are pre-paid when you apply for the Units;
- No credit assessment;
- Protection of a Limited Recourse Loan (also suitable for SMSFs);
- A variable Participation Rate, with the potential for a participation rate up to a maximum of 200%, depending on the volatility of the Berkshire Hathaway Inc Class B shares;
- Liquidity – redemptions available quarterly;
Product Disclosure Statement (PDS)
To download a PDS dated 7th May 2010 please click here.
Additional Information
Please download the Supplementary PDS dated 24th June 2010 by clicking here.
Investor Update - 24 Sept 2010 - Change to delivery parcel at maturity
The Issuer of the JB Global Income & Equity Accelerator Units – Series 6 is the RBS Group (Australia) Pty Limited. In deciding whether to acquire, or hold an interest in the JB Global Income & Equity Accelerator – Series 6, investors should obtain the Product Disclosure Statement (PDS) dated 7 May 2010 . This is available by contacting JB Global and from the links above or by contacting JB Global Investment Services.
JBG Accelerator Series 6 - Performance
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Date
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Strategy Value
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BRK:B Value#
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Initial Average Date 1.
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14 July 2010
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100.0 |
$79.35 |
Initial Average Date 2
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16 August 2010
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97.97 |
$76.84 |
Initial Average Date 3
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14 September 2010
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102.50 |
$83.05 |
Average Initial Value
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100.16 |
$79.75 |
# Investors, please note, the values of BRK/B are provided as a guide only. While the Strategy Value references the BRK/B during the life of the investment, the varying Participation Rates dictated by the volatility of the BRK/B mean that the Strategy Value may underperfrom or outperform the BRK/B over the investment term.
JBG Accelerator Series 6 - Performance Coupons
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14 July 2011 |
$0.00 |
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14 July 2012 |
TBA |
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Date |
Indicative Strategy Value |
Indicative Unit Value* |
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30 September 2010 |
102.20 |
$1.0162 |
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1 November 2010 |
99.43 |
$0.9887 |
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29 November 2010 |
98.91 |
$0.9835 |
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31 December 2010 |
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$0.9890 |
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31 January 2011 |
101.59 |
$1.0143 |
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28 February 2011 |
108.87 |
$1.0826 |
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31 March 2011 |
104.14 |
$1.0355 |
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2 May 2011 |
102.05 |
$1.0148 |
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3 June 2011 |
98.54 |
$0.9838 |
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30 June 2011 |
96.56 |
$0.9601 |
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29 July 2011 |
92.66 |
$0.9213 |
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29 August 2011 |
89.40 |
$0.8889 |
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30 September 2011 |
88.44 |
$0.8794 |
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31 October 2011 |
91.99 |
$0.9184 |
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28 November 2011 |
90.82 |
$0.9067 |
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31 December 2011 |
91.18 |
$0.9103 |
* Unit Value: Investors please not this is a theoretical investment maturity value. This investment is designed to be held to maturity. Any investors seeking to redeem prior to maturity may recieve an amount significantly different to the Indicative Unit Value stated.
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