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Product Disclosure Statements
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Where we provide any advice on this website, it has been prepared without considering your objectives, financial situation or needs. Before acting on any advice on this website, you should consider its appropriateness to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website.
Past performance of any product described on this site is not a reliable indication of future performance.
Other than Macquarie Bank Limited (Australian Credit Licence (ACL) 237502) and Australian Financial Services Licence (AFSL) 237502) ABN 46 008 583 542 (MBL), any Macquarie Group entity noted on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). That entity's obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.
Macquarie Warrants (Warrants) are offered by Macquarie Bank Limited (ABN 46 008 583 542 and AFSL 237502) (Macquarie) pursuant to a product disclosure statement and a supplementary product disclosure statement, each as may be amended or supplemented from time to time (the Offer Document). You should read and consider the relevant Offer Document and the terms and conditions governing the Warrants before making any investment decision.
Not a recommendation or expression of opinion
In providing the information in this document to you, Macquarie has not taken account of your objectives, financial situation or needs.The information is not an expression of opinion or recommendation. It does not constitute financial product advice and should not be relied on as such. Macquarie is not your fiduciary or adviser and we recommend you obtain financial, legal and taxation advice before making any investment decision. Macquarie will not be responsible for any loss or damage (including any consequential loss or loss of profits) caused as a result of any person relying on statements made herein (whether as a result of our own negligence or otherwise).
Investments in Warrants are not deposits with Macquarie or any of its related bodies corporate and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. Neither Macquarie nor any its related bodies corporate guarantee the performance of any investment you make in Warrants, the repayment of any capital you invest or any particular rate of return. It is important that you consider the risks associated with investing in Warrants You will need to make your own enquiries and should discuss the risks of investing in Warrants with your professional advisers
Macquarie makes no representation as to the suitability of an investment in Macquarie Warrants for any superannuation fund and recommends trustees obtain independent legal, financial and taxation advice before making any investment decision. In particular, given that you could lose all of the money you invest in Macquarie Warrants, trustees should carefully consider how much they want to invest in Macquarie Warrants having regard to the size of the superannuation fund, the diversification of the superannuation fund’s investments, and the overall level of leverage (or gearing) within the superannuation fund.
No tax advice
Macquarie does not give tax advice. Any tax discussion in this document is based on laws current at the time of writing, which may change. How tax laws apply to you depends on your circumstances and you should seek professional advice before investing.
Macquarie Group’s interest
Macquarie will receive remuneration from you investing in Warrants and may pay commissions to introducing advisers (including related entities of Macquarie). Additionally, Macquarie or any of its related bodies corporate, officers or employees (Macquarie Group), may from time to time have long or short positions, make a market in, or otherwise buy or sell instruments identical or economically related to any financial product or other security in which you invest. The Macquarie Group may have an investment banking or other commercial relationship with the issuer of any security linked to any Warrant in which you invest and may have interests in any security linked to any Warrant in which you invest by acting in various roles including as underwriter, dealer, holder of principal positions, banker, broker, lender or adviser. The Macquarie Group may receive fees, commissions or other remuneration from such activities.
All information is current as at 24 November 2009 (unless otherwise specified) and is subject to change without notice.