ANZ Sustainable Protected Responsible Investment over Term(ASPRIT) is an
investment which provides wholesale investors with the
opportunity to capture the performance of Australia's
top sustainability leaders.
Features - October
2006
Asset class
Equity-linked Investment
Issuer and Trustee:
ANZ Trustees Limited (ABN 33 006 132 332)
Investment Manager:
Australia and New Zealand Banking Group Ltd (ABN 11 005 357 522) ("ANZ")
Deal Structure:
Units in a Trust that invest in the SAM Sustainability Leaders Australia Fund ("SAM Australia Fund") with dynamic risk management
Maturity
6 years
AA- Principal Protection
100% principal protected at maturity by ANZ (AA)
Investment Objective
Seeks to capture the performance of Australia's Sustainability Leaders
SAM Australia Fund
Highly diversified portfolio of approximately 70 Australian Sustainability Leaders as assessed by SAM in construction of the AuSSI (Australian SAM Sustainability Index)
Coupon
Annual contingent coupon of 50% of Positive NAV Performance up to a maximum of 10%p.a.
Management Fees
1.25%1 of NAV per annum to ANZ (Protection Fee) 0.70% p.a. on any investment in the SAM Australia Fund to Vanguard (Portfolio Management Fee)
Liquidity
Weekly liquidity and monthly valuations by ANZ. (Early redemption fees of maximum of 0.50% p.a. apply)
1 This fee will be reduced to 0.50% pa if a Strategy Deleverage Event occurs.
ANZ Investment Bank: This information has been prepared by Australia and New Zealand Banking Group Ltd ABN 11 005 354 522 (ANZ). ANZ holds Australian Financial Services Licence No. 234527.
This information is not an offer, invitation, inducement,
solicitation or recommendation to subscribe for or purchase units in the ANZ
Sustainable Protected Responsible Investment I Trust (the ASPRIT II Units) to
be issued by ANZ Trustees Limited ABN 33 006 132 332
(ANZ Trustees), as Trustee of the ANZ Sustainable Protected Responsible Investment
II Trust. This information does not contain, and should not be relied upon as
containing, investment recommendations or personal advice. Before you act upon
any information contained on this page, you should seek independent professional
advice that takes into account your financial situation, investment objectives,
particular needs and/or other personal circumstances.
The ASPRIT I Units are only issued to or offered to residents of
Australia. The distribution of this information outside Australia may be
restricted by law and any failure to comply with such restrictions may
constitute a violation of applicable securities laws by you.
ASPRIT I is seperate entity from ANZ and is not an authorised
deposit-taking institution under the Banking Act 1959(Australia).
The ASPRIT I Units if issued will not represent deposits or other
liabilities of ANZ or any of its subsidiaries or associates. Neither ANZ nor any
of its subsidiaries or associates guarantees or in any way stands behind the
capital value and/or performance of the ASPRIT I Units, the payment or
repayment of any moneys owing to holders of ASPRIT I Units or the return of any
principal invested or any particular rate of return, or makes any statement
(including, without limitation, any representation) with respect to income tax
or other taxation consequences of any investment which is made in relation to
any ASPRIT I Units. Investment in the ASPRIT I Units is subject to investment
risk, including possible delays in payment and loss of income and principal
invested.
ANZ may hold the ASPRIT I Units if issued.
ANZ may also provide debt, treasury, and other services to the ANZ
Sustainable Protected Responsible Investment I Trust. These services are
provided in various capacities as a third party. ANZ may act if necessary to
protect its interests ahead of those of investors and other parties. In acting
in its various capacities, ANZ will only have the duties and responsibilities
expressly agreed by it in the relevant capacity and will not, by virtue of
acting in any other capacity, be deemed to hold any differing standard of care.
Sustainable Asset Management:
This information is intended solely for information purposes. It is
not a sales prospectus, nor should it be construed as an offer or an invitation
to take part in an offer. Please note that SAM Sustainable Asset Management AG
reserves the right to change the range of products and services and the prices
thereof at any time without notice. Certain products and services are subject to
legal restrictions and therefore may not be available for sale throughout the
world. 2006 SAM Sustainable Asset Management AG.
The SRI Symbol & Certification Program:
The SAM Sustainable Leaders Australia Fund, otherwise known as the SAM Australia
Fund, has been accredited by the Ethical Investment Association (EIA) to use the
Sustainable Responsible Investment (SRI) symbol.
The SAM Australia Fund has been certified by the EIA according to the strict
disclosure requirements under the SRI Certification Program. The SRI Symbol
signifies that an investment product or service takes environmental, social,
ethical and governance considerations into account along with financial returns.
Developed in response to investor requests for help in making more informed
choices, the SRI Symbol and SRI Certification Program promotes consistent,
standardised disclosure and education about Sustainable Responsible Investment
(SRI) and Ethical Investment. See www.eia.org.au for details.
The SAM Australia Fund gives its permission for its SRI accreditation to be used in promotion of the ASPRIT I.
Vanguard Investments Australia Ltd:
This information has not been prepared by Vanguard Investments Australia Ltd
(ABN 72 072 881 086 / AFS Licence 227263). Vanguard is the responsible entity
of, and the issuer of interests in, the SAM Sustainable Leaders Australia Fund.
Vanguard does not take anybody's circumstances into account when preparing
information about the fund so it may not be suitable for your circumstances.
Past performance is not an indication of future performance. Vanguard does not
guarantee the performance of the fund or the return of capital and does not
accept any liability in relation to ASPRIT I.
'Vanguard', 'Vanguard Investments' and the ship logo are registered trademarks
of The Vanguard Group Inc.
