Skip to content Westpac
Personal BankingBusiness BankingCorporate BankingWestpac Info

Site index | Contact us | Locate us

 

Challenger Endowment Warrants

Call for more information
on 1800 990 107

Email an expert

 

Product overview


A long-term investment with a built-in loan allowing you to purchase leading Australian shares in two payments. After the initial payment (around 50% of the share price) you have enhanced exposure to any capital growth in the underlying shares.

Gives you the ability to earn higher returns through leverage rather than a direct shareholding, without ongoing administration, interest payments and margin calls.

Please note: These warrants are no longer available for purchase from the issuer and as such can only be purchased on the ASX from an existing holder. Westpac maintains a bid in the market to buy Challenger Endowment Warrants held by investors.


Details
Adobe Acrobat Reader PDF Download the Challenger Bank Endowment Warrants Offering Circular PDF 490kb)Adobe Acrobat Reader PDF Download the Challenger Portfolio Endowment Warrants Offering Circular PEWEEB Series (PDF 584kb)
Adobe Acrobat Reader PDF Download the Challenger Portfolio Endowment Warrants Offering Circular PEWEEA Series (PDF 950kb)Adobe Acrobat Reader PDF Download the Challenger Telecom Endowment Warrants Offering Circular (PDF 950kb)
Adobe Acrobat Reader PDFDownload the Challenger Telstra Endowment Warrants Offering Circular (PDF 950kb)
Go to Computershare to check registry holdings

Features

  • A listed investment which you can buy and sell on the ASX
  • The initial investment is about 50% of the underlying share price
  • The final payment will vary during the life of the warrant as it is reduced by the cash amount of dividends and increases with interest
  • You can make the final payment at any time and receive the underlying shares, however there is no obligation to do so
  • An eligible investment for Self Managed Super Funds


 

 

Get financial advice

Find out what to expect and how to arrange a meeting with no obligation.

General advice on this website has been prepared without taking into account your objectives, financial situation or needs. Before acting on the advice, consider its appropriateness. Consider our disclosure documents, which include Product Disclosure Statements (PDS) for some products. The PDS is relevant when deciding whether to acquire or hold a product. View our ABN & RSE Numbers for Superannuation entities.

By accessing and viewing this website you agree to be bound by the Terms and Conditions of this website.

Copyright © 2009 Westpac Banking Corporation ABN 33 007 457 141