Macquarie releases expanded Fusion Funds offer

Peter van der Westhuysen

Macquarie Investment Lending has released the 12th series of its Macquarie Fusion Funds, offering investors exposure to the largest selection of underlying Australian, global and alternative managed funds assembled since the launch of the Fusion series in 2002.

The latest Fusion Fund offer, which opened for investments yesterday, is also uniquely characterised by an extended investment period of nearly two months, leading up to the last day of the financial year.

It provides exposure to a total of 26 managed funds that are usually not available to Australian retail investors, including eight Australian equities funds, nine global equities funds, three Asia specific funds, three property securities funds, and three alternative funds

Investment Lending director Peter van der Westhuysen said the June 2007 Fusion Funds offer would provide clients with a “greater opportunity to build a diversified portfolio in managed funds”.

As with previous offers, the June 2007 Fusion Fund will incorporate a ‘profit trigger’ feature for those investors who take out a ‘put option’ to protect the initial investment amount at maturity. This means that if the profit trigger is reached investors who hold a put option have the opportunity to lock in a 50 per cent gain on the investment.

The June 2007 offer, as with its predecessors, enables investors to borrow 100 per cent of the investment amount, and to protect 100 per cent of the initial amount at maturity.