Anadara

Transaction Summary

Investment Highlights

Company Overview

The recent performance of the SP500 has been marked by a mixture of resilience and volatility. Throughout 2023 and into 2024, the index has navigated a challenging environment characterised by high inflation, aggressive interest rate hikes and concerns about a potential economic slowdown. Despite these headwinds, the SP500 has demonstrated surprising strength, buoyed by the technology sector. With big tech stocks pushing the SP500 to recent highs, many investors are expecting large tech stocks to pull back. Add to this the pending US Election which is expected to bring an increase in volatility to US markets, it can be difficult for investors to decide when to invest in the market.

For investors that would prefer to be invested in the stock market need to decide if they invest now and risk a near-term pullback or wait on the sidelines and risk missing out on further gains.

 
Strategic Yielding Notes offer the best of both worlds, a high yielding note that pays regular income and only converts to equity if one of the underlying stocks falls below the Strike Price over the Investment Term. If all four Underlying Stocks are trading above the Strike Price at Maturity, investors receive their principal investment back.

Anadara is pleased to present investors with the second series of their Strategic Yielding Notes. This series is linked to four of the largest tech companies in the world and includes the following features:

• Fixed Coupon:                 24% per annum (paid monthly and adjusted for FX changes)
• Underlying Stocks:           NVDA, MSFT, META, TSLA
• Strike Price:                    90%
• Investment Term:            6 months
• Settlement Currency        US Dollars (USD)

Investors will receive a fixed coupon*, which is paid monthly during the Investment Term. At Maturity, investors either receive their Principal Investment back as cash*, or their Principal Investment will be used to buy shares in the worst performing Underlying Stock if they’re trading below the Strike Price at Maturity.

* All Coupons and the Principal Investment Amount are subject to any movements between AUD and USD during the Investment Term.

There is also the possibility of early maturity memory feature - if all four underlying stocks have traded higher than their Starting Price on any of the Observation Dates, the investment will Mature early – investors will keep all Coupon payments they received between the Commencement Date and the early Maturity Date, plus they will receive their Principal Investment back as cash*.

This investment may suit investors that would prefer to be invested in the market, particularly in one of the Underlying Stocks, but fear the market will fall during the investment term. This investment provides regular, monthly income* until Maturity, regardless of how volatile the Underlying Stocks are performing.

All coupons and returns associated with this offer are exposed to currency risk – any changes between the AUD and USD will have an impact on returns. Please consult your Adviser before deciding to invest in this product. 

Transaction Overview

Terms of offer:

Strategic Yielding Note with a 24% pa coupon linked to NVDA, MSFT, META and TSLA with a lookback memory feature and early maturity possibility.

Use Of Funds:  100% buy notes

News