Instreet offers long-term exposure
Sydney-based boutique investment house Instreet has released a new product to the market that the company claims will provide exposure to the growth potential of the Australian share market in the next five years.
The Instreet Mast S&P/ASX 200 offers a 100 per cent geared investment loan with limited recourse and an option to ‘pull out’ annually without incurring penalties if the market performs poorly.
Instreet managing director George Lucas said the Mast S&P/ASX 200 came in response to investors’ positive outlook about the long-term performance of the market.
“Many investors are uncertain about the short-term performance of the Australian share market but are more confident that the market will rise significantly over the next five years,” Lucas said.
He added there was a considerable amount of adviser input into what features should be incorporated into the new product, including a five-year fixed interest term.
Lucas also said the Mast S&P/ASX 200 would suit self-managed superannuation fund investors.
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