Since 1999, the NC Group has been a trustee for hundreds of wholesale and retail investment schemes. With its extensive experience and expertise, the group provides professional wholesale trustee services covering various investment funds and financial structures. The trusteeship encompasses all asset requirements, including equities, property, derivatives, debt securities & debentures, alternatives, and lending. The services offered include:
Partner with a firm capable of building a product tailored to your risk and return objectives.
Wholesale Trustee Services
Corporate and professional trustee services:
- Wholesale fund MIS trustee services
- Licensing for Significant Investor Visa (SIV), Premium Investor Visa (PIV), and other Australian visa-compliant funds
- Licensing for venture capital funds (VCLP & ESVCLP)
Depending on your structuring requirements, a standard wholesale unit trust would typically include the following scheme documents:
- Trust Deed
- Information Memorandum
- Administration Agreement
- Investment Management Agreement
- Brokerage Agreements
- Corporate Authorised Representative Agreement
Responsible Entity Services
The NC Group has experience as a responsible entity for registered schemes since the inception of the current regulatory regime in 2004. It provides a valued solution in the market by offering managers an independent responsible entity to oversee their registered schemes.
Entities responsible for operating a retail registered scheme must hold a retail AFS licence and fulfil their licensee and responsible entity obligations. These obligations include acting efficiently, honestly and fairly; managing conflicts of interest; maintaining adequate financial, human and technological resources; demonstrating organisational competence; implementing risk management systems; having compensation arrangements; providing a dispute resolution system; and preparing audited financial reports.
With a long track record of collaborating with numerous investment managers across various asset classes, our team can assist investment managers seeking an experienced, proficient and knowledgeable, responsible entity to collaborate with. This includes working with their external legal counsel to review their Product Disclosure Statement (PDS), Constitutions, Investment Management Agreement (IMA), Compliance plans, Target Market Determination, and other fund documents.
Entities responsible for operating a retail registered scheme must hold a retail AFS licence and fulfil their licensee and responsible entity obligations. These obligations include acting efficiently, honestly and fairly; managing conflicts of interest; maintaining adequate financial, human and technological resources; demonstrating organisational competence; implementing risk management systems; having compensation arrangements; providing a dispute resolution system; and preparing audited financial reports.
With a long track record of collaborating with numerous investment managers across various asset classes, our team can assist investment managers seeking an experienced, proficient and knowledgeable, responsible entity to collaborate with. This includes working with their external legal counsel to review their Product Disclosure Statement (PDS), Constitutions, Investment Management Agreement (IMA), Compliance plans, Target Market Determination, and other fund documents.
Australian Financial Services Licensing
Fund managers and advisors in Australia must have a financial services license to offer financial services.
NC Group appoints advisors in various asset classes under its AFS License to provide general advice and dealing. This is done by appointing your company as a Corporate Authorised Representative (CAR) and your employees as Sub Authorised Representatives (SARs).
NC Group provides comprehensive policies and procedures to help CARs and SARs meet regulatory requirements. NCG's portals and procedural documentation help maintain streamlined, centralised, and up-to-date compliance.
The NC Group team regularly meets and monitors compliance through its priority compliance portal and in-person interactions to ensure all advisors are fully compliant.
All advisors have access to the NC Group Compliance Framework, which includes compliance planning, resourcing, policies, procedures, updates, quarterly compliance reviews and meetings, issue management and resolution, preparation and coordination for audits, reporting, CPD platform, AR monitoring, online portal, and regular update meetings.
NC Group appoints advisors in various asset classes under its AFS License to provide general advice and dealing. This is done by appointing your company as a Corporate Authorised Representative (CAR) and your employees as Sub Authorised Representatives (SARs).
NC Group provides comprehensive policies and procedures to help CARs and SARs meet regulatory requirements. NCG's portals and procedural documentation help maintain streamlined, centralised, and up-to-date compliance.
The NC Group team regularly meets and monitors compliance through its priority compliance portal and in-person interactions to ensure all advisors are fully compliant.
All advisors have access to the NC Group Compliance Framework, which includes compliance planning, resourcing, policies, procedures, updates, quarterly compliance reviews and meetings, issue management and resolution, preparation and coordination for audits, reporting, CPD platform, AR monitoring, online portal, and regular update meetings.
Fund Administration and Registry
NC Group provides services for fund structures, specialising in assisting emerging fund managers with various accounting, administration, and taxation tasks. These include:
- Maintaining financial and accounting records for the funds
- Processing daily trade-related transactions
- Reconciling bank accounts
- Reconciling and valuing portfolios
- Reporting monthly financial statements
- Arranging monthly payments for operational expenses
- Calculating monthly Management and Performance Fees and issuing invoices
- Preparing records for external audits
- Completing and submitting Business Activity Statements (BAS)
- Preparing annual statutory accounts
- Managing the ongoing maintenance of the Unit Register for the Fund
- Providing client portals and an online application form to enhance client experience
AML/KYC and Reporting Entity Services
NC Group provides a customisable solution to meet all Anti-Money Laundering (AML) and Know-Your-Customer (KYC) requirements. We understand the importance of AML and KYC compliance in today's financial industry and are ready to assist businesses in meeting all regulatory obligations.
Our approach allows for seamless integration of services, ensuring unified and effective compliance efforts for all parties involved. By partnering with us through a Customer Due Diligence Agreement (CDDA), you can streamline the complex processes associated with customer verifications, risk assessments, and ongoing monitoring. Our CDDA service aims to simplify the often overwhelming task of compliance, giving you confidence in your regulatory adherence.
Our approach allows for seamless integration of services, ensuring unified and effective compliance efforts for all parties involved. By partnering with us through a Customer Due Diligence Agreement (CDDA), you can streamline the complex processes associated with customer verifications, risk assessments, and ongoing monitoring. Our CDDA service aims to simplify the often overwhelming task of compliance, giving you confidence in your regulatory adherence.
Asset and Investment Management
The NC Group team consists of experienced fund managers and officers who can help your business with investment management responsibilities, including:
- Governance: investment committee, trade and portfolio policies, and trade reconciliation
- Trade execution and risk management
- Asset and portfolio management
- Committee members
- Portfolio, strategy, and financial model creation and implementation
- Internal and external performance reporting
Distribution & Capital Raising
NC Group has extensive experience and success in raising capital for various investment products. Since 1999, the NC Group advisors have collectively raised over 2 billion dollars in assets, with networks to family offices, institutions, superannuation funds, asset consultants, and global asset managers.
NC Group may be able to assist managers with the following distribution services.
NC Group may be able to assist managers with the following distribution services.
- Introduction to distribution partners
- Introduction to Internal Advisors
- Introduction to High Net Worth Individuals and Family Offices
- Access to NC Group’s fund of fund products
- Assist in arranging meetings and raising capital
- Review and refinement of Pitchbook and marketing materials
- Assist with the researcher's Due Diligence Questionnaire and ratings
- Platform integration and Due Diligence
Fund Reporting and Marketing Collateral
The NC Group partners with Quant Reports to provide high-quality digital reporting for fund managers. The platform offers managers digital factsheets, quarterly reporting, websites, portfolio and attribution reporting, presentation decks, and all other marketing materials. Please see Quant Reports for more details.