Goldman Sachs JBWere Keystone Funds
Key features of the offer include:
| Underlying Index Basket | Participation Rate2 | Participation Floor | |
| Asian Equities Fund | The Asian Basket: linked to a weighted basket of indices representing Japan, Hong Kong, Korea, Taiwan and Singapore (See page 10 of the Product Disclosure Statement (PDS)) | 125% | 105% |
| European Equities Fund | The European Fund: linked to an equally weighted basket of two indices representing developed Europe and emerging Europe (Czech Republic, Poland and Hungary) (See page 12 of the PDS) | 135% | 115% |
| BRIC Equities Fund | The BRIC Basket: linked to an index representing equities in Brazil, Russia, India and China) (See page 14 of the PDS) | 85% | 75% |
Offer launch - 26 April 2007
Offer Closes - 22 June 2007
Guarantee Effective Date - 16 July 2013
Eligibility
The offer of Units in the Keystone Funds are open to Australian residents.
How to apply
Investors should obtain and consider the Product Disclosure Statement ("PDS") for the offer (available as indicated below from 27 April 2007) in deciding whether the investment is appropriate for them and whether to acquire or hold Units in the Keystone Funds.
Applications for Units may only be made by completing and returning the application form attached to, or accompanying, the PDS ("Application Form"). Detailed instructions on how to complete the Application Form are set out in the PDS. The Application Form must be accompanied by the payment of A$1.00 per Unit. Payment must be in Australian currency and made by cheque.
You must read the PDS in connection with the National Privacy Notification and Financial Services Guide.
2 - The Indicative Participation Rate is the rate that would have applied if the date of the PDS were the Issue Date. The actual Participation Rate will be set on the Issue Date of the Units. It may be more or less than the Indicative Participation Rate shown but it will not be less than the Participation Floor. See 'What is the Participation Rate?' on page 7 of the PDS for details on how and when the final Participation Rates are determined.
Important Information
Important information regarding National Australia Bank Group
This document is published by National Australia Bank Limited ABN 12 004 044 937 (NAB). The NAB can be contacted on 1800 652 669.
None of National Australia Bank (NAB) or any other company in the National Australia Bank group of companies nor Goldman Sachs JBWere Pty Ltd, Goldman Sachs JBWere Group Holdings Pty Ltd and their respective subsidiaries including Goldman Sachs JBWere Managed Funds Limited and Goldman Sachs JBWere Investment Management Pty Ltd (together, the "Goldman Sachs JBWere Group"), the Goldman Sachs Group, Inc., Goldman, Sachs & Co., Goldman Sachs Asset Management, L.P., Goldman Sachs International and their respective subsidiaries (together "Goldman Sachs") guarantees the performance or success of the Funds, the rate of return from or the repayment of investments in the Funds or in any way stand behind the capital value or performance of the units or the investments made by the Funds, except as provided in the NAB Capital Guarantee. The units are not deposits or other liabilities of NAB or of the Goldman Sachs JBWere Group. Neither GSJBWMFL nor the Funds are members of the NAB group.
This document is not intended to be, and does not constitute a product disclosure statement, prospectus, short form prospectus or profile statement as those terms are defined in the Corporations Act. It does not constitute an offer for the issue, sale or purchase of any securities, or any recommendation in relation to investing in the assets.
Offers of units in the Keystone Funds are made in the Product Disclosure Statement for the offer ("PDS") issued by Goldman Sachs JBWere Managed Funds Limited ABN 63 005 885 567 (the "Company"), which is the Responsible Entity for the Keystone Funds ('Responsible Entity'), which is available from NAB at www.nabmarkets.com/keystonefunds or by calling 1800 652 669. Units in the Fund can be acquired by completing the application form included in, or accompanying, the PDS.
Without limiting the foregoing, any forecast, budget, target, projection or other forward looking statement ("Projection") is provided for information purposes only and comprises management estimates of future prospects. As the achievement of any Projection as to results of subsequent trading is dependent upon future events, the outcome of which cannot be assured, the actual results achieved may vary materially from the Projection.
While every care has been taken in the preparation of this document, NAB make no representation or warranty as to the accuracy or completeness of any statement in it including, without limitation, any Projections. To the maximum extent permitted by law NAB expressly disclaim all or any liability which may arise out of the provision to, or use by, any person of the information contained in this document.
The information in this document is of a general nature only. This document has been prepared for the purpose of providing information only without taking account of any particular investor's objectives, financial situation or needs. An investor should, before making any investment decisions, consider the full details set out in the PDS which is made available for the product and seek professional advice, having regard to the investor's objectives, financial situation and needs.
NAB is not responsible for and has not authorised the issue of the PDS. No warranty or representation is given as to the accuracy or reasonableness of any matters contained in the PDS. NAB has provided this information on the basis that each recipient will carry out and rely solely upon its own investigation and analysis.
The NAB acts as distributor of the Funds (through distribution arrangements between the NAB and the Company). If you acquire units in a Fund, the NAB or the Company or other members of the Company's Group may receive remuneration or other benefits in relation to that product, including withdrawal, swap counterparty and management fees and any other fee specified in the PDS. These fees are calculated as either a percentage of the initial investment amount, or in the case of swap counterparty fee, on costs plus negotiated margin basis. We receive a number of fees for the provision of the NAB Capital Guarantee which we provide to the Funds. We may receive upfront and ongoing guarantee fees for these services, these fees are payable quarterly and are a percentage of the initial investment amount. More details are contained in the PDS. In addition, we may receive distribution fees for acting as distributor of the units in the Funds. These are as follows: National Australia Bank may receive an upfront adviser commission of up to 2.2% and an adviser discretionary payment of up to 1%, in each case, of the initial investment amount. This amount is payable by Goldman Sachs JBWere Capital Markets Limited to NAB. NAB may pass on part or none of this fee to financial advisors who procure subscriptions for the units in the Funds.
The NAB has adopted the revised Code of Banking Practice 2004. For details of the Code contact the National Australia Bank on 13 22 65 and select the option to speak to a Customer Service Representative. Or visit us at national.com.au.
Investors should consider the key risks set out in the PDS.
© Copyright 2009 National Australia Bank Limited, ABN 12 004 044 937. All rights reserved. Access to and use of this site is governed by Australian Law and by terms and conditions. For details read our disclaimer. View the National Privacy Policy.
Font Size
