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Asian Income Plus - Yield Income Enhanced Listed Deferred Securities 3 (YIELDS3)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. This product is not available for subscription. Click here for Product Performance Update Yield Income Enhanced Deferred Securities 3 (YIELDS3) [ASX code : YLDSO3] YIELDS3 is a six year A$ denominated financial product issued by Citigroup that offers the potential for quarterly income and the opportunity for capital growth, along with the safety of 100% capital protection^ when held to maturity. YIELDS3 are linked to the performance of a dynamic portfolio, which provides notional exposure to a combination of the Asian Income Plus Trading Strategy III (the Strategy) and a Bond Portfolio (a synthetic bond portfolio used to protect the value of the dynamic portfolio). The Strategy seeks to offer a targeted level of income and the potential for capital appreciation through exposure to a basket of 30 of Asia's largest companies, the composition of which will change over time#.
^ The capital guarantee only applies to YIELDS3 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 (refer to "Risk factors" contained in section 5 of this PDS). * This figure relates to the Strategy and not to the returns achievable by any product linked to the Strategy. The target level of 12% income per annum (net of the Strategy Adjustment Factor) is a target income figure and not a target total return figure, the actual level of income generated at the Strategy level each year is not guaranteed and could be lower than the target if dividends paid and/or bids for short-term options fall. # The Asian Income Plus Trading Strategy III is a set of pre-determined trading rules designed to simulate an actual investment in the 30 Selected Stocks and a systematic, quarterly call-overwriting program over those stocks. The Strategy performance will be calculated as if the stock dealing and call overwriting prescribed by the Strategy had been executed. However, the Strategy Sponsor may not execute actual stock trades or write actual covered call options in order to hedge any instruments linked to the Strategy. Investment Profile
Investment Objectives
^ The capital guarantee only applies to YIELDS3 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 (refer to "Risk factors" contained in section 5 of this PDS). Offer SummaryTo view a summary of the Offer click here Risk Factors
There are a number of risks associated with the MLI and investments in
equity markets generally. Some of the key risks include:
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