LaunchSeries 57

Key features

Downloads

To find out more, and to download a copy of the Term sheet PDS and Master PDS, please click on the links below

 Initial Strategy Value

Key risks include:

• Your return (including any Coupons) is affected by the performance of the Reference Assets (S&P500 and Gold). There is no guarantee that the Reference Assets will perform well.
• The Units have varying levels of exposure to the Reference Assets depending on volatility due to the variable Participation Rate. It operates by varying the exposure that the Units will have to the Reference Asset depending on the Realised Volatility of each Reference Asset and the Target Volatility. There is the risk that the Participation Rate could drop to significantly below 100% during the Investment Term in which case Investors will not gain the full benefits of an increase of the value of the Reference Asset.
• Investors should note that there is a lag in measuring the Realised Volatility of the Reference Asset.  This means that where there has been a period of high Realised Volatility, the Investor’s exposure to the Reference Asset will be low, regardless of whether the Reference Asset is performing positively or negatively.
• There will be no Performance Coupon payable if the Series Performance for each Strategy is negative on the Performance Coupon Determination Date.
  • The Performance Coupon is determined by reference to the Initial Strategy Value and Final Strategy Value for the Strongest Performing Strategy at Maturity as well as changes in the AUD/USD exchange rate.  An increase in the AUD/USD exchange rate will decrease the Performance Coupon whilst a fall in the AUD/USD exchange rate will increase the Performance Coupon.
  • The Initial and Final Strategy Values are subject to averaging.  Averaging may decrease the impact of an increase in the relevant Reference Asset during the Investment Term.
• There is no guarantee that the Units will generate returns in excess of the Prepaid Interest and Fees, during the Investment Term. Additionally, in the event of an Investor requested Issuer Buy-Back or an Early Maturity Event you will not receive a refund of your Prepaid Interest or Fees.
• Gains (and losses) may be magnified by the use of a 100% Loan. However, note that the Loan is a limited recourse Loan, so you will never be required to pay more than the Prepaid Interest Amount and Fees at Commencement.
  • Investors are subject to counterparty credit risk with respect to the Issuer and the Hedge Counterparty;
  • Gains and losses may be magnified by the use of a 100% limited recourse Loan; and
  • the Units may mature early following an Early Maturity Event, including an Adjustment Event, Market Disruption Event or if the Issuer accepts your request for an Issuer Buy-Back.

Please refer to Section 2 “Risks” of the Master PDS for more information. Please refer to Section 2 “Risks” of the Master PDS for more information.

Please refer to Section 4 “Key Risks” of the Term Sheet PDS and Section 2 “Risks” of the Master PDS for more information.

For more information, please contact Sequoia at:
invest@sequoia.com.au and 02 8114 2222.

Units in Sequoia Launch Units – Series 57 are issued by Sequoia Specialist Investments Pty Ltd (ACN 145 459 936 ) (the “Issuer”) and arranged by Sequoia Asset Management Pty Ltd (ACN 135 907 550, AFSL 341506) (the “Arranger”). Investments in the Sequoia Launch Units – Series 57 can only be made by completing an Application Form attached to the Term Sheet Product Disclosure Statement (“TSPDS”), after reading the Term Sheet PDS dated 30 June 2020 and the Master PDS dated 14 August 2017 and submitting it to Sequoia. A copy of the PDS can be obtained by contacting Sequoia Asset Management on or contacting your financial adviser. You should consider the Term Sheet & Master PDS’ before deciding whether to invest in Units in Sequoia Launch Units – Series 57-  Capitalised terms on the webpage have the meaning given to them in Section 10 “Definitions” of the Master PDS