Macquarie CPF Instalment Receipts

Leveraged exposure to protected investments

 

Features and benefits

Macquarie CPF Instalment Receipts is an unlisted investment that allows you to purchase a selected investment asset (called the Underlying Security) from Macquarie and pay the purchase price in two instalments. This allows you to leverage your exposure to the performance of a particular Underlying Security by paying only a portion of the purchase price now, without borrowing money.

  • Leveraged exposure to any capital gains and income distributions on the Underlying Securities
  • Payment of the final instalment is optional
  • No credit assessment is required
  • There are no margin calls
  • Flexibility to pay the Final Instalment or sell the Underlying Security at any time until expiry
  • Compliant for Self Managed Super Funds (SMSFs).

How do they work?

  • You select the investment you wish to gain exposure to. See the list of Current Investments.
  • You then pay a portion of the Purchase Price of the Underlying Security (the First Instalment) upfront with your application. The Underlying Security is then held on trust for you during the term of the CPF Instalment Receipts
  • During the term of the CPF Instalment Receipts, you pay interest on the outstanding part of the Purchase Price (the Final Instalment) monthly in arrears
  • During the term of the CPF Instalment Receipts, you are entitled to all capital growth and any income distributions from the Underlying Security
  • Prior to, or at the end of, the investment term, you may pay the Completion Payment (which includes the Final Instalment) which entitles you to full legal ownership of the Underlying Security

Current investments

Macquarie CPF Instalment Receipts are an unlisted investment that is only available through current approved investments.

There are no investments currently available.

Frequently asked questions

Can I transfer my CPF Instalment Receipts to another investor?

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.

What fees and costs do I have to pay in relation to CPF Instalment Receipts?

On application:

  • When you apply for CPF Instalment Receipts you will need to pay the First Instalment and an Establishment Fee.

During the investment term:

  • While you are holding CPF Instalment Receipts, you need to pay the Monthly Interest Amounts.
  • If you decide to transfer your CPF Instalment Receipts, you will be charged a transfer fee.

At the completion date:

  • At the completion date, you will need to pay the Final Instalment and any break costs and brokerage if applicable. In addition, you may be required to pay any outstanding interest payable.

What if I decide to terminate my investment before the investment 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 outsanding monthly interest amounts, break costs and brokerage.

 

Macquarie CPF Instalment Receipts

Leveraged exposure to protected investments

 

Contact us

Service

1800 806 310

or
Speak to your
financial adviser

Sales

1800 245 555

  More contact details

 

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