On
behalf of investors, Aegis tracks investments from around the world. Aegis collects
income and provides investors with up to date portfolio and taxation reporting,
freeing up time for investors and their advisers to focus on the investment decisions.
Lower wholesale management fees Through the
custodian, investors have access to wholesale fund management fees. Wholesale
fees can be less than 1% p.a. compared with retail investment management fees
which can be 2.5% p.a. or more.
Access to a wider
range of investments Aegis gives investors access to investments that would
otherwise not be available. The custodian groups investors' funds to gain access
to wholesale funds and other investment opportunities around the world that are
not available to individual investors.
Co-ordination
of key information Aegis records all distributions and interest transactions
allowing for the production of detailed or summarised reports for investors.
New
Zealand made Aegis is designed by New Zealanders to comply with current
New Zealand legislation and for New Zealand investors who want access to a wide
range of domestic and international investments.
Security
and commitment As part of a major New Zealand financial services group,
investors can feel confident that Aegis has the backing of a large corporate with
its commitment and resources. To safeguard clients' financial investments, a custodian
holds all investments on the clients' behalf. Aegis Limited is a wholly owned
subsidiary of Sovereign Limited, which in turn is owned by Sovereign Group Limited,
a member of the international Commonwealth Bank of Australia Group. Neither Aegis
Limited nor any other member of the Commonwealth Bank of Australia Group guarantees
the investments held and administered under the Aegis service.
