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Berkshire Hathaway Income & Equity Accelerator - Series 6 |
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The JB Global Berkshire Hathaway Income and Equity Accelerator aims to provide investors with exposure to the performance of Warren Buffett’s investment holding company, Berkshire Hathaway combined with the added benefits of capital protection and currency hedging to reduce the usual risks of such an investment.
Key Features;
- Returns at Maturity determined by reference to the volatility of and exposure to the Class B Shares in Berkshire Hathaway Inc.;
- No upside growth caps, and a minimum Final Value of the Issue Price of $1.00 per Unit, provided you hold your Units until Maturity;
- 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 Risk. Hedging costs of 1.05% p.a;
- 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 Class B Shares in Berkshire Hathaway Inc;
- 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.
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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TBA |
$76.84 |
Initial Average Date 3
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14 September 2010
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TBA |
TBA |
Average Initial Value
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TBA |
TBA |
JBG Accelerator Series 6 - Performance
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Date |
Indicative Strategy Value |
Indicative Unit Value* |
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30 September 2010 |
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* 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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