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MLI World Basket (Series 2004 - 02)This product is not available for subscription. Click here for Product Performance Updates. This 6-year AUD denominated Market Linked Investment (MLI) is linked to the performance of a Reference Basket of the following equally weighted Australian and global equity indices:
The MLI offers the potential for capital growth linked to the performance of the Basket, along with the safety of 100% capital protection on the Maturity Date. The weighting of each Index in this calculation is in proportion to its weighting in the Basket. Capital protection only applies to investments held for the full-term until the Maturity Date and provided no Early Maturity Events occur. At Maturity investors will receive 100% of their initial investment plus participation (at the “Participation Rate”) in the weighted averaged upside performance (if any) of the Basket above the initial Basket Level on the Issue Date (the “Basket Performance”). The Basket Performance is uncapped and is calculated by taking the average of the weighted Basket Level at each quarterly Observation Date for the 6-year life of the MLI compared with the initial Basket Level on the Issue Date. Where the observed Basket Level is lower than the initial Basket Level on any Observation Date, the Basket Level used to calculate the Basket Performance will be the initial Basket Level. Investment Objectives
This term sheet is a summary only of the terms of the MLI. The actual Terms and Conditions are contained in the Product Disclosure Statement ("Master Terms") dated 19 February 2004. Investors should read and understand the Master Terms prior to making any decision to invest. Risk FactorsSummary There are a number of risks associated with the MLI and investments in equity markets generally. Some of the key risks include: A more detailed explanation of the risks associated with an investment in the MLI are set out in the Product Disclosure Statement ("Master Terms") dated 19 February 2004.
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