Sentences with phrase «managed investment scheme»

These are either registered managed investment schemes and / or infrastructure companies.
Like physical ETFs, synthetic ETFs are a type of managed investment scheme that can be bought or sold like shares.
Unit trusts are used in many commercial arrangements, including managed investment schemes.
Some of the worst examples of failed agriculture investments were in managed investment schemes (MIS), which were tax - driven vehicles created in direct response to a federal government policy to promote investment in rural areas.
Projects that are aggregations may be regulated as managed investment schemes, particularly where the returns from the project area share in the collective revenue from ACCU sales.
The ICO in query was once additional judged to be an «unregulated managed investment scheme,» which might have breached the Corporations Act and doubtlessly have resulted in severe consequences, had it been allowed to continue.
In 2008, following the collapse of listed managed investment scheme company Great Southern, which bought cattle stations for exorbitant prices, the value of stations crashed across Australia's Top End and have recovered only in the past 18 months.
An agribusiness managed investment scheme uses your money to invest in livestock, farming, horticultural or forestry projects.
Olam International, the Singapore based commodity trader now being hounded by a US hedge fund for its performance, sold the groves after buying them in 2009 from the failed managed investment scheme company, Timbercorp for $ 128 million cash.
«Historically a lot of agricultural investments were tax driven and that did not result in very positive outcomes,» Mr Brandweiner said, possibly referring to the spate of collapsed managed investment schemes such as Timbercorp during the financial crisis.
When you hear about other managed investment schemes going bankrupt it's concerning, for example in SMH this weekend «T» and a few years back, «S».
Hedge funds and mutual funds are both actively managed investment schemes that group together various stocks, bonds, futures, options and other such investment products.
Unregistered managed investment schemes do not have the same level of obligations and protections.
A mortgage managed investment scheme («mortgage scheme») uses your money to lend (as mortgage loans) to a range of borrowers who use the money to buy and / or develop properties.
However, if the value of the digital coins acquired is affected by the pooling of funds from contributors or use of those funds under the arrangement, then the ICO is likely to fall within the requirements relating to MISs [managed investment schemes].
Many aggregations are structured as managed investment schemes.
The ICO in question was further judged to be an «unregulated managed investment scheme,» which would have breached the Corporations Act and potentially have led to serious penalties, had it been allowed to proceed.
An agribusiness managed investment scheme («agribusiness scheme») uses your money to invest in primary production activities, such as livestock, farming, horticultural crops or forestry projects.
Sandalwood producer TFS Corporation has confirmed a $ 65 million capital raising to buy - out plantations owned by managed investment schemes.
In 2017, ASIC revised its guidance to ICO issuers, bringing token offerings recognized as «managed investment schemes,» «non-cash payment facilities,» or derivatives offerings under the auspice of the Corporations Act of 2001.
He said many investment - grade agricultural land companies had bought property at the wrong time in the cycle and that there were other challenges in creating land vehicles because of the stigma attached to managed investment schemes.
The hedge fund that sparked the downfall of Quintis believes Australian policy has a major flaw in offering tax breaks to managed investment schemes.
The requirement to register a managed investment scheme for an ESS that has a contribution plan.
National Australia Bank operates and provides custodial services or depository services to our managed investment schemes.
An investment in livestock, farming, horticultural or forestry projects, usually through a managed investments scheme.
If there is no PDS or if the scheme is not a registered managed investment scheme, do not sign up.
Generally, P2P lending platforms are set up as managed investment schemes.
If the investment is a managed investment scheme you must be given a product disclosure statement (PDS).
Land banking schemes may be managed investment schemes or involve the sale of a financial product.
If the developers and promoters are legally running a managed investment scheme, they must have an Australian financial services (AFS) licence that allows them to run the scheme.
In most cases, it is illegal to offer units or interests in what is actually a managed investment scheme unless the scheme is registered with ASIC.
If you are considering participating in an aggregation that is a managed investment scheme, the project promoter or your financial adviser must give you the product disclosure statement of the scheme.
A company running a registered managed investment scheme must have an Australian Financial Services licence.
A registered managed investment scheme must be run by a public company that has registered with ASIC to do this.
It's generally illegal to offer units in a managed investment scheme unless it is registered with ASIC.
Many land banking schemes are set up to avoid the characteristics of a managed investment scheme - at least on paper.
Check if the scheme is registered as a managed investment scheme by checking ASIC Connect and searching within «organisation and business names.»
That means the company holds a specific licence to operate a managed investment scheme.
If an aggregation is a managed investment scheme you should read its product disclosure statement to help you answer the questions above.
If the token does not have a PDS, or does not comply with Australian law, you probably won't have the same rights and protections as a unit in a managed investment scheme, or it may be operating illegally in Australia.
Crowd - sourced funding of shares is also different to investment - based crowd funding, which may involve investing in a managed investment scheme or be offered by someone who does not need an Australian financial services (AFS) licence.
Most units in a managed investment scheme need to be offered to Australian investors using a product disclosure statement (PDS), which gives investors some basic protections.
Some ICO tokens could represent units in a managed investment scheme, which is regulated by Australian law.
John brings significant skill and experience across many areas of practice including Superannuation, Tax, Trusts, Managed Investment Schemes, Life Insurance and Financial Services.
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