THE NAVRA ASIA PACIFIC GROWTH FUND (ARSN 133 301 158)
Product Disclosure Statement dated 10 February 2010
(as supplemented by the Supplementary Product Disclosure Statement dated 5 March 2010) ("PDS")
Revised Timetable (Section 2.1 - Page 3 of the PDS)
The key dates for the Offer set out in the PDS have been varied and are as follows:
| Offer Open | 10 February 2010 |
| Offer Closes | 3:00 pm (Sydney time), 23 April 2010 |
| Unit Issue Date | 7 May 2010 |
| Maturity Date | 7 April 2020 |
| Loan Drawdown Date | 7 May 2010 |
| Interest Payment Dates | 7 May 2010 and then annually on each 25 April, from 25 April 2011 to 25 April 2019 |
| Coupon Calculation Date | Annually on each 7 April, from 7 April 2011 until 7 April 2020 |
| Coupon Payment Dates | Annually on each 25 April, from 25 April 2011 to 25 April 2020 |
| Loan Reset Dates / Redemption Value Calculation Dates |
Annually on each 7 May, from 7 May 2011 to 7 May 2019 and on 7 April 2020 (Maturity Date) |
Dates and times are indicative only. The Responsible Entity reserves the right to vary the dates and times related to the Offer, without prior notice and to accept late applications, reject applications and/or close the Offer early. Any changes will be notified on the website of the Responsible Entity: www.navrainvest.com.au
While the current Offer is scheduled to close at 3.00 pm (Sydney time) on 23 April 2010, you are encouraged to submit your Application Form so that it is received by the Responsible Entity on or before 16 April 2010.
If your Application Form is received on 23 April 2010 and the Responsible Entity receives a large number of Application Forms on that date, there is no guarantee that your Application Form will be processed or that Units will be issued to you. Accordingly, you are encouraged to submit your Application Form prior to this date.
Applications for Units are to be made by completing the Application Form attached to this PDS or by printing the Application Form attached to the PDS from the Responsible Entity's website at www.navrainvest.com.au
Other references to Offer Close Date and other key dates and the timing of submitting Application Forms in the PDS are varied accordingly.
Revised Table of Dates (Section 2.2 - Pages 4-5 of the PDS)
|
Year |
Interest Payment Date |
Loan Reset Date / Redemption Value Calculation Date |
Participation Rate |
|
0 |
7 May 2010 |
N/A |
N/A |
|
1 |
25 April 2011 |
7 May 2011 |
50% |
|
2 |
25 April 2012 |
7 May 2012 |
60% |
|
3 |
25 April 2013 |
7 May 2013 |
70% |
|
4 |
25 April 2014 |
7 May 2014 |
80% |
|
5 |
25 April 2015 |
7 May 2015 |
100% |
|
6 |
25 April 2016 |
7 May 2016 |
120% |
|
7 |
25 April 2017 |
7 May 2017 |
140% |
|
8 |
25 April 2018 |
7 May 2018 |
160% |
|
9 |
25 April 2019 |
7 May 2019 |
180% |
|
10 |
N/A |
7 May 2020 |
200% |
Please note that only the Interest Payment Dates, Loan Reset Dates and Redemption Value Calculation Dates have changed. The Participation Rate has not changed and is provided for completeness only.
Revised Table of Dates (Section 2.2 - Pages 5 of the PDS)
|
Year |
Coupon Calculation Date |
Coupon Payment Date |
Coupon Payout Percentage |
|
0 |
N/A |
N/A |
N/A |
|
1 |
7 April 2011 |
25 April 2011 |
100% |
|
2 |
7 April 2012 |
25 April 2012 |
100% |
|
3 |
7 April 2013 |
25 April 2013 |
100% |
|
4 |
7 April 2014 |
25 April 2014 |
100% |
|
5 |
7 April 2015 |
25 April 2015 |
100% |
|
6 |
7 April 2016 |
25 April 2016 |
100% |
|
7 |
7 April 2017 |
25 April 2017 |
100% |
|
8 |
7 April 2018 |
25 April 2018 |
100% |
|
9 |
7 April 2019 |
25 April 2019 |
100% |
|
10 |
7 April 2020 |
25 April 2020 |
100% |
Please note that only the Coupon Calculation Dates and the Coupon Payment Date have changed. The Coupon Payout Percentage has not changed and is provided for completeness only.
Other Information
In all other respects, the PDS remains unaltered. No circumstance has arisen and no information has become available since the date of the PDS that would materially affect an Investor's assessment of the capacity of NavraInvest to fulfill its obligations in respect of the Units and the risks, rights and obligations associated with the Units.
Investors should reach an investment decision only after carefully reading and understanding the PDS, the SPDS and any other supplementary product disclosure statements to the PDS, and considering, with their advisers, the suitability of the Units in the light of their specific circumstances.
NavraInvest Limited
25 March 2010