Macro will seek to establish its own funds management products and it will also work with business partners where skills compliment each other in the establishment and operation of a variety funds management products.

Macro’s ability to establish its own product will develop as Macro establishes a track record and a sound reputation within the market place. Macro has the ability to develop product within many sectors of funds management, particularly property, investment funds and agricultural sectors. Macro has identified retirement villages as a growth sector in which there is potential for highly attractive product for investors.

In establishing Macro we identified that there are a number of parties (e.g. property owners, financial planning firms, asset managers) that have quality assets, skills and product ideas that are attractive to the investment markets but are prevented from entering the funds management industry due to the considerable barriers to entry. These barriers include the difficulty in meeting the standards necessary to obtain an Australian Financial Services Licence and the cost of acquiring suitably qualified people with industry experience.

Macro provides a means by which these parties can enter the funds management industry. We partner these parties in taking their products to the investment markets. Our services include:

• Obtaining all necessary licences
• If the investment vehicle is a trust, acting as the Responsible Officers of the Responsible Entity
• Preparation of the necessary financial models and the completion of product due diligence
• Preparation of all Product Disclosure Statements / Prospectus documents and other fund raising documents
• Submissions to banks and financiers and the conduct of negotiations
• Submissions to underwriters
• Obtaining professional indemnity insurance
• Liaison with Independent Research Houses
• Co-ordination of fund raising
• Provision of all on-going administration for the Responsible Entity (including accounting, compliance, reporting, valuation, registry etc) and the investment vehicle, be it a trust or other vehicle.

In exchange for the provision of these services Macro will usually take an equity interest in the management vehicle (in the case of a unit trust this vehicle being the Responsible Entity).