If you are planning a managed investment scheme or want an independent responsible entity, consider us for that role.
There are four responsible entities in the Primary group of companies:
- Primary Securities Ltd which holds Australian Financial Services Licence No. 224107 and is currently licensed as responsible entity for fourteen managed investment schemes. These schemes are in property, mortgages, viticulture, forestry and horticulture.
- Australian Growth Managers Limited (AFSL No. 288721 ) which operates five forestry schemes, sub-managed by RuralAus Plantation Management Pty Ltd, a subsidiary of the listed company RuralAus Investments Limited.
- Primary Compass Ltd (AFSL 32380) which is the responsible entity of Compass Hotel Group Trust, submanaged by Compass Hotel Group Ltd. Units in the trust and shares in Compass Hotel Group Ltd are listed on the ASX.
- Primary RE Ltd (AFSL No 323852) which is currently inactive as a responsible entity and available for the registration of new or existing managed investment schemes.
We have our own excellent programs for investors' registers and for holding, dealing with and accounting for investors' money and making allotments.
Our fees are reasonable and competitive by comparison with our competitors.
We take out PI insurance under a global policy which means we can often get insured when you can't, or the portion of our premium which you pay may be cheaper than if you had your own responsible entity.
Download our 2008/2009 Financial Report.
Using Primary Securities Ltd as a contract responsible entity will add value to your project because:
- It is cheaper to use the resources of Primary Securities Ltd than to do it yourself;
- It is to your advantage to rely on our experience in managed investments; and
- It is more appealing to investors if there is an independent responsible entity.