Trust Provides Gains of up to 70% for NZ Investors

Media Release
14.12.10
For immediate release

Macquarie Highpoint Trust Provides Gains of up to 70 per cent to New Zealand Investors

14 December 2010, Auckland, New Zealand: The Macquarie Highpoint Trust has provided New Zealand investors with a 60 to 70 per cent increase on their initial investment over a seven year period, despite investing throughout what has been a challenging period in financial markets around the world.

The Macquarie Highpoint Trust, which matured at the end of November, provided investors with growth from two major international equity markets, the UK FTSE 100 and the US S&P 500, while also offering the benefit of capital protection at maturity.

Head of Macquarie Private Wealth New Zealand, Ian Witters, said that the Macquarie Highpoint Trust was developed at a time when investors were attracted to the potential returns from international equities, but were looking for a lower risk way to gain access to the opportunity.

“We are delighted to have been able to provide Macquarie Private Wealth’s clients and other New Zealand investors with such an increase in their initial investment through the Highpoint Trust,” Mr Witters said.

“During what has been a challenging time in markets across the world, the structure of the Highpoint Trust has proved to be beneficial for investors. It allowed them to lock in gains close to the top of the UK and US markets between 2003 and 2007, with the locked-in gains helping to shield them from the low points we have seen during recent turbulent years. This is an outstanding outcome and is an investment product that has provided real benefits to investors,” he added.

The structure of the investment also meant that investors were protected from the risk of currency fluctuations, which have been another significant trend of recent years across international economies.

As capital and returns were provided to investors in New Zealand dollars, the movements in the New Zealand dollar against overseas currencies did not affect returns from the UK or US markets.

Funds have now been returned to investors in the Macquarie Highpoint Trust along with the gains achieved during the length of the investment.

About Macquarie Private Wealth New Zealand
Macquarie Private Wealth New Zealand offers a broad range of financial advice services, investment opportunities and financial solutions to personal investors. Macquarie established a retail presence in New Zealand in 1985 and Macquarie Private Wealth New Zealand now has offices in Auckland, Christchurch and Wellington. Macquarie Private Wealth New Zealand has a team of more than 40 financial advisers, stockbrokers and support staff, who provide its clients with financial advice and expertise to help create grow and protect their wealth. This includes strategic wealth management, stockbroking, superannuation and portfolio management. Macquarie Private Wealth New Zealand is the retail advisory division of Macquarie New Zealand, which is part of Macquarie Group Limited.

ENDS

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