Credit Suisse Performance Plus Series
$20,000 per Unit class
Unit Classes A & B - 5 years
Unit Class C – 7 years
Performance Plus Series
It’s a frustrating challenge: you want to access
recovering markets but you’re tied into cash-locked
Credit Suisse Performance Plus Series is the
potential solution many investors have been waiting
Product Disclosure Statement
Why invest in the
Performance Plus Series?
100% Capital Protection at DPA Maturity
The series is designed to minimise an investor’s exposure to volatility
while providing capital growth and income – all with the reassurance of an
investment that provides 100% Capital Protection to the Fund at Maturity of the
Fund’s Deferred Purchase Agreement.
A solution to cash-locked investments
The series also offers a solution to any investor who may be tied into
Investors can choose from three investment classes, all based on analysis
by Credit Suisse’s Equities Research team.
Potential for accelerated investment growth
Exposure of up to 150% is possible along with optional lending of up to
100% for eligible investors.
Through investing in the
Series, you can enjoy the following:
The potential for accelerated capital growth, through leveraged exposure
of up to 150%;
The potential for income throughout the term of the investment;
100% Capital Protection at Maturity¹ of the underlying DPA;
An investment based on analysis of a leading Research team;
There are risks associated
with investing in the Fund, including but not limited to, performance of the
Reference Portfolio, limitations on Capital Protection and general investing
For more information about the benefits and risks of investing, please refer to
section 6 of the PDS.
The Performance Plus Series offer – closing 11
Following the sharp correction during 2008, the share market has begun to
recover, leading many to question whether this is a false dawn or the beginning
of a new bull market. With the benefit of Credit Suisse research and Capital
Protection at Maturity¹ of the underlying DPA, the Performance Plus Series
offers investors the ability to access a range of selected investments with the
benefit of potential accelerated growth.
*Please note that cheque applications may only
be received from 24 November 2009
8 September 2009
11 December 2009
1. Capital Protection is provided to the Fund on the
relevant Capital Protection Date and not to individual investors. If investors
withdraw at the Capital Protection Date their return will be reduced by the sell
spread and therefore they will receive less than the capital protected amount.
Capital Protection is subject to other limitations, please refer to the Section
6 ‘Risks’ in the PDS
The following summarises each Unit Class:
2. Distributions of the Fixed Coupon must be reinvested by investors as a
further capital contribution to their units.
Unit Class A – Australian Equities Portfolio
The Australian Equities Portfolio represents an attractive opportunity for
medium to long term investors by providing exposure to a diversified equity
portfolio of ten large blue chip Australian listed companies.
Unit Class B – Australian Resources & China Portfolio
Australian resource equities are well positioned to take advantage of the world
growth recovery and the continued strength of China. Therefore, Unit Class B has
been designed to offer investors direct exposure to a selected portfolio of high
quality resource shares, and the Chinese share market, through the Hang Seng
China Enterprise Index. The portfolio weightings include:
Unit Class C – Index Accumulator Portfolio
Unit Class C – Index Accumulator Portfolio combines volatility managed exposure
to the S&P/ASX 200, a minimum return of 21% at maturity of the DPA with a
potential variable coupon and a fixed coupon which must be reinvested.
What is the Volatility Feature?
The Volatility Feature is designed to minimise the impact of extreme market
During the past two years investors have been heavily impacted by the extreme
volatility in the share market, which has been accompanied by a sharp fall in
the price of shares. The negative relationship between investment returns and
volatility is a well-known phenomenon.
During periods of positive returns, volatility tends to be low and stable,
During periods of negative returns, volatility tends to be high as
investors shy away from risk.
The Credit Suisse Volatility Feature is designed to
reduce the volatility of investment performance and exploit
the negative relationship between investment returns and volatility by varying
the exposure to each Underlying Investment between 25% and 150%.
During periods of high volatility, exposure to the investment
During periods of low volatility, exposure to the investment
Past performance is not necessarily an indication of future performance. Returns
are volatile and vary from year to year. The performance of the Underlying
Investment will not correlate with the performance of Unit Class C – Index
Please refer to section 5 of the
PDS for further details.
How do I invest in the Performance Plus
Download the Credit Suisse Performance Plus Series Product
Disclosure Statement (PDS)
dated 8 September 2009 above
Select the Underlying Investment(s) and
corresponding Unit Class(es) that best suit your investment objectives
Complete the Application Form attached to the PDS
Return the application form and your total
investment amount with any required supporting information to;
Performance Plus Series Offer
C/- Computershare Fund Services Pty Limited
GPO Box 804, Melbourne, VIC 3001
This information relating to the Performance Plus Series
(the “Fund”) has been prepared by Credit Suisse Investments (Australia) Limited
ABN 44 119 605 373 (CSIAL), Australian financial services licence No. 320505.
CSIAL is the issuer of units in the Fund. An invitation to apply for units in
the Fund is made in the Product Disclosure Statement (PDS) to be dated on or
about 8 September 2009. In deciding whether to acquire or continue to hold an
investment in the Performance Plus Series, an investor should obtain the PDS and
consider its contents. This information is general advice and does not take
account of any investor’s objectives, financial situation or needs. Before
acting on this general advice, investors should therefore consider the
appropriateness of the advice having regard to their situation. We recommend
investors obtain financial, legal and taxation advice before making any
financial investment decision. CSIAL or its associates, officers or employees
may have interests in the financial products referred to in this information by
acting in various roles including as DPA issuer, portfolio creator or investment
manager. CSIAL or its associates may receive fees or commissions for acting in
those capacities. In addition, CSIAL or its associates, officers or employees
may buy or sell the financial products as principal or agent. You may contact
CSIAL on 612 8205 4855. CSIAL as the Responsible Entity who will purchase a
series of Deferred Purchase Agreements on behalf of the Fund from Credit Suisse
Sydney Branch (ARBN 061 700 712).
Investments in the Fund are not deposits with or other liabilities of CSIAL,
Credit Suisse Sydney Branch, or any company in the Credit Suisse group and are
subject to investment risk, including possible delays in repayment and loss of
income or the Total Investment Amount. None of CSIAL, Credit Suisse Sydney
Branch nor any company in the Credit Suisse group guarantees any particular rate
of return on, or the performance of, a Unit Class, nor do any of them guarantee
the repayment of the Total Investment Amount from the Unit Classes. Credit
Suisse group companies, other than Credit Suisse, Sydney Branch, are not
authorised deposit taking institutions
S&P and ASX as used in the term 'S&P/ASX 200' are trade marks of The
McGraw-Hill Companies, Inc (McGraw-Hill) and ASX Limited, respectively, and have
been licensed for use by Credit Suisse. The Fund is not sponsored, endorsed,
sold or promoted by McGraw-Hill, S&P or ASX Limited. McGraw-Hill, S&P and ASX
Limited make no representation regarding the advisability of investing in the
Fund nor assume any liability in connection with the administration, marketing
or trading of the Fund.
Capitalised terms in this document take their meaning from the definitions
provided in the Glossary of the PDS.