When you invest in a Pearler Micro investment option, you are investing in a managed investment product that tracks a particular objective. In the case of our option “An American Buffet”, this tracks the ETF IVV, which itself tracks the S&P 500 index.

This makes Micro essentially a wrapper around an existing ETF which allows you to invest small amounts at no transactional cost. This does however mean that they are two separate products, and as such investing in “An American Buffet” does not mean you hold IVV shares.

Therefore performance may vary/be delayed when comparing it with the actual ETF performance.

For more details and important information on the Micro product, please check out the PDS and TMD.