The structure of your investment in CPF Instalment Receipts is the same for each series, however the terms will differ between offers. Therefore, it is important you read and understand the Supplementary Product Disclosure Statement (SPDS) relating to the series you wish to invest into.
Yes, you are permitted to transfer your CPF Instalment Receipts to another investor chosen by you. Refer to Section 6 'Details of the Issue' in the Macquarie CPF Instalment Receipts Product Disclosure Statement. In addition, refer to the SPDS for the series for the fees which apply to transfers.
On application:
During the investment term:
At the completion date:
If you decide to terminate your investment before the investment completion date, Macquarie will direct the Security Trustee to sell the Underlying Security. The proceeds from this sale will be used to pay the balance of the Final Instalment, plus any oustanding monthly interest amounts, break costs and brokerage.