Product Features
Jaguar Australian Leaders Long Short Unit Trust
Only Australian and New Zealand residents are allowed to access this page. The following is a summary of certain information set forth more fully elsewhere in the Unit Trust’s Information Memorandum. This summary should be read in conjunction with such detailed information.
| The Unit Trust | Jaguar Australian Leaders Long Short Unit Trust Is a unitised managed investment trust established in New South Wales Australia under a Trust Deed dated March 14th 2003. |
| Unit Capital and voting rights | The Trustee is offering by the Information Memorandum Units. The holders of Units will have no voting rights save in the limited circumstances described in the Trust deed |
| Minimum Subscription | When applying for Units, eligible investors should initially apply for Units having a minimum aggregate subscription amount of A$100,000 (A$500,000 applies to investors who do not satisfy the wholesale investor requirements). Thereafter the minimum subscription for Units by an existing Unitholder is A$25,000. The Trustee may accept subscriptions for lesser amounts in their absolute discretion |
| Subscription Procedure: | Persons interested in investing should contact Jaguar Funds to obtain an Offering Memorandum. Subscription forms should be returned to the Administrator's Agent at the address listed thereon by fax and the original by mail. |
| Redemptions: | Available monthly following the acceptance of a valid redemption notice received by the Administrator's Agent. The Trustee will repay within 15 Business Days of the relevant Redemption Day the redemption proceeds to the redeeming Unitholder. |
| Net Asset Value: | The Net Asset Value per Unit is determined by dividing the Net Asset Value attributable to Units by the number of outstanding Units, with adjustments if applicable |
| Performance Fee: | The Investment Adviser will be entitled to receive a Performance Fee from the Trust. The Performance Fee will be deemed to accrue on a monthly basis as at each Valuation Day and will be equal to 20 per cent. The Performance Fee is calculated on a Unit by Unit basis which equates precisely with that Unit’s performance and will be charged only to those Units that have appreciated in value subject to adjustments and the Peak Net Asset Value per Unit. |
| Fund Administrator | Citco Fund Services (Australia) Pty Limited has been appointed to act as Administrator, Registrar, Transfer Agent and Corporate Secretary to the Trust. The Administrator has appointed Citco Fund Services (Australia) Pty Limited as its agent to carry out functions under the Administrator Agreement. |
| Fund Auditor | KPMG has been appointed the Trust’s Auditor |
| Custodian | Custodial services are supplied to the Trust by UBS |
| Functional Currency: | The functional currency of the Trust’s key investment is the US Dollar. Fluctuations in the US Dollar’s exchange rate against the Australian Dolllar are unpredictable, however, the functional currency of the Trust is the Australian Dollar; and the underlying assets of shares in which the Trust invests are in Australian Dollars. Therefore exchange rate fluctuations are expected to have a minimal impact on the return on investment to each Unitholder., |
Past
performance is no indication of future results.
