PL 100 - World Water


The Credit Suisse PL100 World Water Trust (PL100 World Water) will offer a liquid investment with exposure to companies involved in one of the worlds most vital Industries - the provision of fresh water.

It is important that you read the Product Disclosure Statement in its entirety and obtain your own professional investment advice before investing in PL100 World Water.


Key Features

Investment Objective
Aims to provide income and capital growth over the medium term (5 years), through participation in the performance of international water industry companies; and the benefit of a Protection Strategy (see 'Investment strategy' below) which provides, amongst other features, capital protection** to PL100 World Water at maturity to the value of $1.00 per unit on issue at maturity.


Investment Strategy
PL100 World Water will invest in a portfolio (Physical Basket) of the securities of 15 international water industry companies. The Physical Basket will not be actively managed.

PL100 World Water will purchase a Protection Strategy from Credit Suisse International, which will provide capital protection exposure to the performance of a rebalanced notional portfolio of securities of international Water Industry Companies rising capital protection lock-ins (at 110% and 150% of $1.00 per unit on issue, less an adjustment for aggregate Physical Basket dividend) protection from foreign currency exchange rate movements.

Participation in the performance of the notional portfolio commencing at 100% on day one.


Liquidity Arrangements¹

  • Credit Suisse Equities (Australia) Limited will be appointed to make a market in the units on the ASX. The bid price on day one will be $1.00 per unit.
  • Credit Suisse will provide an off market limited liquidity facility.
  • Monthly applications and redemptions.


Borrowing*²

  • 100% investment loan will be available at competitive rates.
  • Variable and fixed rates will be available.


What is the PL100 series?

PL100 will be series of listed trusts, each with a number of innovative simple and concise features.

*To approved applicants remember leverage magnifies potential losses as well as profits.

**The capital protection for PL100 World Water will be provided by Credit Suisse International to PL100 World Water only at maturity. and like other features of the protection strategy, will not be provided directly to unit holders;will be subject to terms and conditions, including early termination events; and will only apply to the value of $1.00 per unit on the issue at maturity.

1. While there can be no assurance that an active market for trading in units in PL100 World Water will develop on the ASX, on market liquidity will be facilitated by the appointment of a market maker (Credit Suisse Equities (Australia) Limited) and an off market limited liquidity facility will be available (from Credit Suisse), subject to terms and conditions. After day one, the amount of any market bid will be subject to a number of factors, including the net asset value of PL100 Water World and market conditions.

2. Investment loans will be available from third party lenders subject to terms and conditions including credit approval.

Equity Trustees Limited (ACN 004 031 298) (EQT) is the responsible entity of the Credit Suisse PL100 - World Water Trust (PL100 World Water), and will be the issuer of units in PL100 World Water. It is important for you consider the Product Disclosure Statement relating to PL100 World Water in deciding whether to acquire, or to continue to hold, units in PL100 World Water. An investment in PL100 World Water is subject to investment risk, including possible delays in repayment and loss of income. An investment in PL100 World Water does not represent a deposit or other liability of any member of the Credit Suisse group. No member of the Credit Suisse group guarantees the capital value or performance of PL100 World Water or its assets. Capital protection is provided only to the Trust at maturity to the value of $1.00 per unit on issue at maturity.