Business Services Industry

What price peace of mind - you can insure your investments.

Australasian Business Intelligence, August, 2002

Aug 18, 2002 (The Sunday Age

ABIX via COMTEX) -- There are a number of capital protection products available for Australians to insure their investments. Macquarie Bank's Geared Equities Investment product is an interest-only loan, plus the cost of the protection. The investor keeps profits from their portfolio, but Macquarie covers the losses through options. The interest cost is high, ranging from 10.5 per cent to nearly 20 per cent. Norwich Union's managed fund offering allows the investor to lock in investment gains at any time. The cost is 0.2 per cent a year.

Publication Date: 18 August 2002

MACQUARIE BANK LIMITED - ASX MBL: GEARED EQUITIES INVESTMENT: AUSTRALIAN TAXATION OFFICE: NORWICH UNION INVESTMENT MANAGEMENT

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