Damian Crowley
Perpetual has launched a capital protected structured product delivering exposure to a diversified menu of 14 well-rated managed funds.
Perpetual Protected Investments — Series 1, which opens to investors today, offers capital protection at maturity, a gains lock-in facility throughout the seven year term of the investment and an option for approved investors to borrow up to 100 per cent of their original invested amount and their first year’s interest with no margin calls (subject to a minimum loan amount of $50,000).
The product provides exposure to domestic and global equities, global resources, property, infrastructure and absolute return capabilities.
Perpetual general manager of adviser distribution Damian Crowley said research houses, dealer groups and advisers had shown interest in the new product.
“On the strength of firm pre-offer interest in the product, we anticipate strong uptake from investors and advisers looking to build wealth through gearing strategies,” he added.
