Accelerator Latest Information
RBS Accelerator Series Units
The following performance information is for existing investors in the RBS Accelerator Series Units.
The pricing below is set in two formats. Unit Value and Strategy Value. A basic summary of these formats is below, however full information about these investments is available within the Product Disclosure Statement that you used to apply for this investment.
Unit Value
| RBS Accelerator Series Units |
Initial Contribution Value* | Unit Value at 6th January 2012: |
| S&P/ASX 200 Index | $15.15 | $0.00 |
| iShares MSCI Emerging Markets Index Fund | $19.00 | $0.00 |
* At commencement of the Contract on 6th January 2010
Strategy Value
| RBS Accelerator Series Units | Initial Strategy Value* | Adjusted Strategy Value at 6th January 2012: |
| S&P/ASX 200 Index | $15.15 | $0.00 |
| iShares MSCI Emerging Markets Index Fund | $19.00 | $0.00 |
* At commencement of the Contract on 6th January 2010
Unit Value Definition
The Accelerator Series Units over the S&P/ASX 200 Index and iShares® MSCI Emerging Markets Index Fund are designed to be held to Maturity. However the Units can mature early if an Early Maturity Event occurs or if an Investor requests an Issuer Buy-Back (i.e. early redemption) and the Issuer accepts.
During the Investment Term prior to Maturity, the Unit value will be determined by the Issuer (and calculated by the Calculation Agent) with reference to, amongst other things:
- the Participation Rate;
- the performance and volatility of the Reference Index on each day since the Commencement Date;
- averaging over the final 3 months of the Investment Term;
- prevailing interest rates;
- the remaining time to Maturity;
- averaging over the initial 3 months of the Investment Term;
- prevailing correlation between Australian Dollar and US Dollar (Series II only); and
- prevailing volatility of the Australian Dollar and US Dollar currencies (Series II only).
The Unit value is designed to give an indication of the performance of a Unit, having regard to the factors outlined above. Please note that the indicative Unit value is not the actual value that you may receive on an Early Maturity or the Final Value per Unit. The value that you may receive in the event of an Early Maturity and tRBShe Final Value per Unit at Maturity may be significantly less per Unit on the Buy-Back Date than the indicative Unit value and the Final Value at Maturity.
Strategy Value Definition
Strategy Value is the indicative value of the underlying strategy (per unit).
Please keep in mind that the Strategy Value indicates the estimated value of the strategy at maturity, not the redemption value. That is to say that the above numbers purely indicate the cost versus estimated maturity value of the purchased strategy.
In summary, the Strategy Value assists in indicating the performance of the underlying exposure. However, in no way should this be used to assist you in determining what the redemption value of these investments.
Section 4.2 of the Product Disclosure Statement explains this in much greater detail.
Historic Unit Prices
| RBS Accelerator Series Units | S&P/ASX 200 Index Fund | iShares MSCI Emerging Markets Index Fund |
||
| Unit Value | Strat Value | Unit Value | Strat Value | |
| 31/10/2011 | 0.00 | 0.88 | 0.00 | 0.92 |
| 30/09/2011 | -0.50 | 1.02 | -0.35 | 1.18 |
| 31/08/2011 | 0.02 | 2.74 | 1.77 | 3.49 |
| 29/07/2011 | 0.15 | 3.58 | 12.30 | 14.23 |
| 30/06/2011 | 0.85 | 4.46 | 12.08 | 14.19 |
| 31/05/2011 | 2.53 | 6.33 | 13.28 | 15.58 |
| 29/04/2011 | 4.84 | 8.81 | 17.67 | 20.14 |
| 31/03/2011 | 6.35 | 9.00 | 12.10 | 14.75 |
| 28/02/2011 | 6.08 | 10.42 | 11.01 | 13.85 |
| 31/01/2011 | 5.46 | 9.96 | 11.44 | 14.44 |
| 31/12/2010 | 6.12 | 10.79 | 14.75 | 17.93 |
| 30/11/2010 | 4.55 | 9.42 | 10.67 | 14.04 |
| 29/10/2010 | 5.40 | 10.45 | 13.07 | 16.62 |
| 30/09/2010 | 4.98 | 10.21 | 11.85 | 15.58 |
| 31/08/2010 | 3.97 | 9.35 | 7.79 | 11.70 |
| 30/07/2010 | 4.34 | 9.92 | 9.03 | 13.11 |
| 30/06/2010 | 3.42 | 9.19 | 6.10 | 10.37 |
| 31/05/2010 | 4.37 | 10.32 | 6.72 | 11.17 |
| 30/04/2010 | 10.80 | 14.71 | 8.00 | 10.91 |
| 31/03/2010 | 10.00 | 13.91 | 9.18 | 12.09 |
| 28/02/2010 | 12.00 | 15.91 | 6.70 | 9.61 |
| 06/01/2010 | 15.15 | 15.15 | 19.00 | 19.00 |
Important Information
This investment is now closed.
This information is current as at the dates noted above. Please note that the performance information provided is not a quote or redemption estimate, is subject to change without notice and is indicative only. Royal Bank of Scotland is not bound by the figures set out above and is not liable to cover any difference between the indicative valuation and the amounts payable on actual redemption. Furthermore amounts payable on redemption will be subject to break costs as set out in the relevant Product Disclosure Statement.
An investment in the RBS Accelerator Series is designed to be held until maturity.
The indicative prices above may be vastly different to the actual crystallized price on redemption. This is because the indicative valuations are based on estimated (or theoretical) values of the underlying components of the Index Contract and Cash Investments and not the actual value of these components at the time of redemption.
This information has been prepared by Freeman Fox Pty Ltd (ABN 47 062 481 378) who is an Australian Financial Services Licence holder (AFSLN 220622) using pricing provided by the RBS Group (Australia) Pty Limited (ABN 78 000 862 797) (AFSLN 247013).