Commercial and Business Lawyers, Business Law Services

Managed Investment Schemes Legal Services

Whether you are a business startup or a responsible entity already operating several managed investment schemes looking to explore new opportunities, Inveiss Legal offers an end-to-end legal and compliance package covering the following services:

Advice on managed investment scheme regime
Advice on applicable managed investment scheme structures including:
- regulated vs unregulated schemes; and
- registered vs unregistered schemes
Advice on various types of schemes including:
- cash management trusts
- property trusts
- Australian equity (share) trusts
- agricultural schemes (e.g. horticulture, aquaculture, commercial horse breeding)
- international equity trusts
- film schemes
- timeshare schemes
- mortgage schemes
- strata title schemes
Application for Australian Financial Services Licence (see AFSL & ACL Licence and Compliance Requirements)
Application for registration of managed investment scheme with ASIC
Liaising with ASIC and other regulators in respect of the managed investment scheme
Preparation, drafting and review of all managed investment scheme documentation including Constitution and trust deed
Preparation, drafting and review of all disclosure documents including a product disclosure statement, prospectus or information memorandum
Preparation, drafting and review of all compliance documentation including compliance plan, policies and procedures

Corporate collective investment vehicles

Corporate collective investment vehicles (CCIVs) regime is an optional alternative to the managed investments scheme regime under Chapter 5 of the Corporations Act 2001 (Cth). Inveiss Legal is well positioned to advise our clients on this proposed regime.

A CCIV is a collective investment vehicle that has the following features:

  1. a public company;
  2. structured as an umbrella fund incorporating one or more sub-funds;
  3. sub-funds may hold different assets and have different investment strategies;
  4. internationally recognisable collective investment vehicle;
  5. ability to facilitate participation in the proposed Asia Region Funds Passport regime;
  6. operated by a corporate director that is an Australian public company;
  7. holds an Australian Financial Services Licence;
  8. a retail CCIV will have a depositary that is either an Australian public company or a foreign company registered under Part 5B.2 of the Corporations Act, and holds an AFS licence authorising it to act as a depositary of a CCIV.