IPO Investec ASX 200 Autocall

Investec ASX 200 Autocall

Investec ASX 200 Autocall  

Relevant Documents

Brochure

Introduction

The Investec ASX 200 Autocall (“Autocall”) is a structured product linked to the performance of the S&P/ASX 200 Index (“Index”). The Autocall constitutes the Investment Profile No.1 for the first Calculation Period of the FIN.

The Autocall is designed to provide investors the potential to earn enhanced returns relative to cash and fixed income investments, even if the Index makes only modest returns over the Calculation Period. In the event of flat or positive Index performance on any one of the Valuation Dates in years 3, 4 or 5 (“Automatic Call Event”); the Autocall Investment profile No.1 will terminate and provide an enhanced return of 14%* p.a. in Rand multiplied by the number of years of the investment in the Autocall.

The Autocall provides exposure to the Index in Rand, with a high degree of capital protection. Capital is at risk if no early Automatic Call Event occurs in years 3 or 4, and the Index has fallen more than 30% on the Final Valuation Date.

Summary of the investment offering

• Enhanced return of 14%* p.a. (simple) in Rand, if the Index is flat or positive on an Automatic Call Date.
• Investment linked to the performance of S&P/ASX 200.
• Maximum 5-year Calculation Period, subject to possible automatic calls from year 3.
• Capital protection provided the Index has not fallen by more than 30% on the Final Valuation Date of the Autocall.
• Investors take credit risk on IBL as the issuer of the FIN and BNP Paribas SA as the Credit Reference Entity.

Important dates

Important Notes

Investment managers should note that no payments will be received by IBL and that all settlements will take place via stockbroking accounts on a delivery versus payment basis on the settlement date, being the day following listing date on the JSE.
Investors must ensure that their stockbroking accounts are funded by the full amount applied for before/on the closing date. IBL will deliver the FIN to the investor’s stockbroking account on a delivery versus payment basis on the settlement date.
Investors whose designated stock broking accounts are not funded by the closing date with the full amount of their requested investment in the FIN for the Investment Profile No.1
or whose available funds are not able to be transferred to pay for their investment in the FIN for any reason, will not participate in this FIN investment.
IBL accepts no responsibility or liability for such failure to pay for the FIN by the Investor and IBL shall not be liable for any losses or damages that such investor may suffer as a result of failing to invest in the Investment Profile No.1 of the FIN.