A de-leverage event has occurred per the PDS. As result no further distributions will be made for the remainder of the term and there is no exposure to the income plus trading strategy. Investors will receive at maturity the initial capital protected investment amount. Alternatively Investors who wish to sell their holdings can on the open market. If Investors elect to do this it should be through their Stockbroker and a Client Warrant Agreement will need to be in place prior to execution.
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ORB International Enhanced Income is an offer to invest in YIELDS, a new hybrid issued by Citigroup Global Markets Australia Pty Limited that offers investors the potential for target income of 12%pa (net of costs)[1], medium-term capital growth and the safety of a 100% capital guarantee[2].
YIELDS offer investors exposure to the Income Plus Trading Strategy, an equity trading model developed by Citigroup, that seeks to generate a high level of income and capital growth by gaining investment exposure to 30 of the world’s largest companies by market capitalisation.
The Income Plus Trading Strategy uses a dual approach in order to meet its objectives:
| Minimum Time Horizon (Years) |
1 or Less
|
2
|
3
|
4
|
|
|
|
Very Low
|
|
Moderate
|
High
|
Very High
|
| Investment Objective |
|
Income
|
|
Growth
|
Enhanced Growth
|
[1] The target income is indicative only and is not guaranteed. The figure of 12% per annum (net of costs) is a target income figure and not a target total return figure.
[2] The capital guarantee only applies to YIELDS held until the Maturity Date and provided that no Early Maturity Events occur. The capital guarantee is also subject to the credit worthiness of the Guarantor.
| Phone | : | 1300 30 70 70. | |
| : | citifirst.au@citi.com | ||
| : | GPO Box 557 Sydney NSW 2001 | ||
| Phone | : | 1300 30 70 70. | |
| : | citifirst.au@citi.com | ||
| : | GPO Box 557 Sydney NSW 2001 | ||