Macquarie launches hard to reach investments trust
Macquarie Equity Markets Group has launched its final MQ Gateway Trust offer for 2007-08, designed to deliver retail investors exposure to otherwise hard-to-access investment opportunities.
The capital protected trust, which closes on June 27 this year, invests in a wide range of these sectors, including the strongly performing agricultural sector.
It allows investors and self-managed super funds to borrow (up to 100 per cent) to invest, and thus “enhance their exposure while also accessing tax efficiencies before the end of the financial year”.
Associate director Pia Cooke said the trust was designed to take advantage of a number of investment themes that are “benefiting from structural demand drivers”.
“Agriculture is an example of how chronically tight inventories, surging consumer demand from developing countries and rising bio-fuel production is putting upward pressure on commodity prices and the value of food companies.”
Apart from the agricultural sector, the trust will invest in emerging markets infrastructure, six Asian indices, Asian companies across a range of sectors and companies in the KLD Global Climate Index.
Recommended for you
AMP has agreed in principle to settle an advice and insurance class action that commenced in 2020 related to historic commission payment activity.
Financial advisers will have to pay around $10.4 million of the impending $47.3 million CSLR special levy but Treasury has expanded the remit to also include super fund trustees and other retail-facing sub-sectors.
While social media can have positive financial influence, the overwhelming risks signal a greater need for affordable advice as Australians continue to seek financial education on social media.
Fitzpatricks Advice Partners has released a guide on building a national advice firm with the argument that these firms are crucial to facilitating growth in the struggling profession.
