Overview
Principal Protected Notes have been designed for investors that want the security of a Bond but are happy to forego a fixed coupon for a variable coupon based on the performance of an underlying asset. Investors receive their principal investment back as cash at maturity, plus a coupon that calculated based on the performance of the Reference Asset x the Participation Rate over the Investment Term.
Description
Bitcoin, the first decentralised cryptocurrency, has revolutionised the financial world since its inception in 2009. It has sparked a wave of innovation in digital currencies and blockchain technology, fundamentally altering the way people think about money, transactions, and the global financial system.
At the core of Bitcoin’s innovation is blockchain technology. A blockchain is a distributed ledger that records all transactions across a network of computers. Each block contains a list of transactions, and once a block is completed, it is added to the chain in a linear, chronological order. This structure ensures the integrity and security of the data, as altering any information on the blockchain would require the consensus of the entire network.
Bitcoin’s performance has been characterised by significant growth, volatility, and increasing mainstream recognition. Its value is influenced by a complex interplay of market dynamics, regulatory developments, technological advancements, institutional adoption, macroeconomic trends, and public perception.
Principal Protected Notes
Principal Protected Notes have been designed for investors that want the security of a Bond but are happy to forego a fixed coupon for a variable coupon based on the performance of an underlying asset. Investors receive their principal investment back as cash at maturity, plus a coupon that calculated based on the performance of the Reference Asset x the Participation Rate over the Investment Term.
Principal Protected Notes use the coupon for the Bond that would be payable at Maturity to buy an over-the-counter option to generate a variable return.
This investment may suit investors that aren’t comfortable risking their capital but believe that the Reference Asset multiplied by the Participation Rate will increase in value in excess of current interest rates during the Investment Term.
*This investment settles in US Dollars.
*Investors may choose to invest in USD or AUD – investors that choose to invest in AUD will be exposed to currency risk – any changes between AUD and USD will have an impact on returns.
*Please consult your Adviser before deciding to invest in this product.
| Features | Monochrome Principal Protected Note |
|---|---|
| Reference Asset | Bitcoin (BTCUSD) |
| Participation Rate | 25% of the Reference Asset's performance over the Investment Term |
| Principal Protected | Yes - 100% |
| Investment Term | 12 Months |
| Application Fee | 1.1% including GST |
| Settlement Currency | US Dollars (USD) |
| Minimum Investment Amount | 50,000 Units at an Issue Price of US$1.00 per Unit |
Performance
| Date | Coupon Paid |
|---|---|
| TBC | N/A |
| TBC | N/A |
Key Dates
| Event | Date |
|---|---|
| Open Date | 3 February 2025 |
| Close Date | 20 February 2025 |
| Funds Due Date | 20 February 2025 |
| Commencement Date | 1 March 2025 or as soon as reasonably practicable |
| Maturity Date | 28 February 2026 |
| Settlement Date | Maturity Date + 10 business days. |
Offer Documents
This offer is for Wholesale Investors Only.
Investors interested in this investment must read the Term Sheet IM in full before investing. Any advice given is general in nature only and does not consider your personal needs or objectives. Please consult your advisor before investing and read the following documents in full:
This investment is only available to Wholesale Investors. You will be required to provide a copy of your Wholesale Investor Certificate before your application is accepted. If you are not a Wholesale Investor, please do not apply for Units in this investment.
*Investors without an existing Anadara account that use the online application form will be required to verify their ID electronically using Green ID, and to upload a copy of their Wholesale Investor Certificate. If you have completed the ID process and verified your Wholesale Investor Status with Anadara within the last 18 months, you will not be required to verify again
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