Macquarie has launched the latest tranches of its popular Fusion and Gateway products in Australia.
The latest tranches of Macquarie Fusion are 5.5-year, 100% capital-protected funds offering investors exposure to 15 managed funds that invest in Australian and international equities, Asia and other emerging markets, and infrastructure securities and indices. Exposure to the underlying funds and cash will be actively managed via a CPPI strategy. At maturity, investors will receive initial capital along with any positive growth in the underlying fund. To invest in the Fusion funds, investors are required to borrow 100% of the investment amount from Macquarie Bank.
Also open for investment is the Macquarie Gateway Trust, a 5.5-year, 100% capital-protected product that is available in eight tranches offering capped and uncapped participation in the performance of Asian, Australian and international equities as well as infrastructure. The uncapped series offer 100% capital return at maturity along with uncapped participation in the growth of the underlying. The capped series will offer a higher participation rate along with 100% capital return at maturity, but returns on the underlying will be capped at 50% of its initial level. Investors are required to take out a 100% investment loan from the issuer to fund the cost of investment.
Macquarie Gateway and Macquarie Fusion are open for investment until 30 June. The minimum investment amount is A$20,000 ($18,100) for Macquarie Gateway and A$50,000 ($45,400) for Macquarie Fusion.
These products are available now in Recent Additions (Australia).