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Showing 281 - 290 of 311 results for "Unit trust"

Fincorp launches safety-first income fund

HAMISH MADDEN  |  THURSDAY, 14 SEP 2006
... launch of its Enhanced Income Fund which aims to deliver a return to investors of 8.5 per cent per annum. The unlisted unit trust will invest in a portfolio of commercial loans secured by first and second mortgages over tangible property. Mortgages will ...

SMSFs most flexible option post Budget: Mariner

KATE HAGE  |  MONDAY, 4 SEP 2006
... fund and members in varying ratios. The added flexibility the option gives to fund members is that if co-owners of the unit trust wish to change their ownership proportions they can simply transfer units to one another. Mariner technical services manager ...

Scam targets ethnic community

HAMISH MADDEN  |  FRIDAY, 25 AUG 2006
... Australian Chinese community, asking investors to contribute $10,000 or more through the website into an unregistered 'unit trust investment'. A unit trust investment is a scheme where a company acquires a fixed, unmanaged portfolio of income producing ...

MLC launches into after-tax reporting

HAMISH MADDEN  |  THURSDAY, 24 AUG 2006
... beginning immediately. From this month, MLC will begin reporting monthly after-tax returns online for MLC MasterKey Unit Trust, MLC MasterKey Investment Services (including MLC MasterKey Investment Service Fundamentals) and MLC Wholesale Funds. MLC investment ...

APRA charges plastering super director and accountant

KATE HAGE  |  FRIDAY, 21 APR 2006
The Australian Prudential Regulation Authority (APRA) has brought charges against a director and accountant of a superannuation fund after they allegedly contravened the sole purpose test and created false records to deceive APRA. Wayne Ridings, former ...

Take tax out of the equation: PM Capital

According to PM Capital, a unit trust managed overseas has to return twice as much as a home-grown fund to give Australian investors the same amount of profits after tax. In a presentation hosted by leading platform provider Skandia this week, PM Capital's ...

Merrill Lynch goes broad-cap

... Matthew Ryland says "the fund is a natural extension to [their] Australian Shares Fund, but its different in that it's a unit trust and so is available on platforms." The genesis of the fund, says Ryland, is that we are a 'bottom-up' stock picker and ...

ADPIA applauds abolition of NSW vendor tax

The Australian Direct Property Investment Association (ADPIA) has welcomed the NSW Government's decision to scrap the vendor tax believing the move will stimulate further investment in property syndicates. Until now all transactions involving the sale ...

Macquarie sells stake in Malaysian funds management

... management and its market share ranking making it now the largest institutional asset manager and the third larges unit trust manager with Malaysia. The asset manager now has $2.90 billion in FUM. Macquarie will continue to work with AmInvest with the ...

Bravura to acquire software developer

... with the company's strategy to grow by acquiring businesses that enhance its existing capabilities particularly in the unit trust and life applications space. Dunstan adds that there are many synergies between Bravura and Tacit as they are both high ...