Original article by Vesna Poljak
The Australian Financial Review – Page: 15 & 20 : 10-Aug-17
The Magellan Global Trust will seek to achieve an annual cash yield of four per cent. The trust, which is being listed by Magellan Financial Group, will be similar in structure to a real estate investment trust, although it will primarily invest in international shares. This investment trust model is widely used in the UK, although the listed investment company model tends to be favoured in Australia. The new trust is expected to have between 250,000 and 300,000 underlying investors.
CORPORATES
MAGELLAN FINANCIAL GROUP LIMITED – ASX MFG, MAGELLAN GLOBAL TRUST, CRICKET AUSTRALIA