Investors get access to Buffet, Rogers and Mobius
JPMorgan has released a structured investment offering Citibank customers tailored access to three internationally renowned master investors — Warren Buffet, Jim Rogers and Mark Mobius.
The JPMorgan Masters Selection Series 2 Target Redemption Strategic Asset Securities, has been specifically tailored for Citibank customers and has the advantage of 100 per cent principal protection when held until maturity, with no capital risk.
The offer is based on three high profile stocks and managed investments that include Warren Buffet’s Berkshire Hathaway, Jim Rogers’ Diapason Rogers Commodity Index Fund and Mark Mobius’ Templeton Asian Growth Fund.
Vice-president equity derivatives and structured products David Jones-Prichard said the offer is further evidence of JPMorgan’s commitment to bringing world-class structured investment opportunities to Australian investors.
“The underlying assets have experienced impressive performance over the past five years. The Templeton Asian Growth Fund, for instance, was up 305 per cent for the five years to the end of August 2007,” he said.
“The offering gives investors global and asset diversification, as well as allowing access to select assets that are normally difficult for retail investors to invest in.”
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
