CommSec helps investors capitalise on booming economies
16 November 2006
Building on a solid reputation for successful capital investment products, CommSec has recently launched two new products that make investing in the Australian, Chinese and Japanese markets easy for DIY investors.
Capital Series 11 enables investors to capitalise on the economic powerhouses of Japan and China, providing returns linked directly to the performances of local indices.
"Capital Series 11 is our latest product, which draws from the strong pedigree of our previous Capital releases such as Capital Japan, Capital China and Capital Europe," said Matt Comyn, General Manager CommSec.
The other product now available for investors looking for exposure to the Australian share market is the new Income Series 1.
"Both the Capital Series 11 and Income Series 1 are designed for investors who are looking for a way to diversify their portfolios by gaining exposure to the share market indices of Japan, China and Australia, without the in-depth knowledge and resources required to pick stocks directly.
"As with the Capital Series, Income Series 1 is a 100 per cent capital protected product at maturity, and allows investors to benefit from the performance of the Australian share market without having to analyse and monitor the performance of individual stocks," added Mr Comyn.
Both investments are in Australian Dollars, which means there are no foreign exchange complications.
Capital Series 11 and Income Series 1 are now available, both with a minimum investment of $10,000. The closing date for both products is 1 December 2006.
Editors Notes:
Performance of recent Capital Series products:
|
|
Start Date |
Maturity Date |
% movement in the index |
|
Capital China I |
14 March 2003 |
14 March 2006 |
99.73% |
|
Capital China II |
24 March 2004 |
09 March 2007 |
52.79% |
|
Capital India |
28 July 2004 |
09 July 2007 |
122.30% |
|
Capital Japan |
24 March 2006 |
24 March 2011 |
-0.98% |
|
Capital Japan II |
19 May 2006 |
18 May 2011 |
1.51% |
|
Capital Asia |
29 June 2006 |
29 June 2011 |
10.58% |
|
Capital Asia II |
25 August 2006 |
25 August 2011 |
6.51% |
|
Capital Europe |
13 October 2006 |
13 October 2011 |
0.14% |
|
Capital China 2006 |
13 October 2006 |
15 October 2012 |
2.10% |
ENDS
Bryan Fitzgerald
General Manager, Media and Issues Management
Commonwealth Bank
Phone: (02) 9378 2663
Mob: 0414 789 649
Email: fitzgeb@cba.com.au
