Magellan Global Fund Partnership Offer and Bonus Option Issue
Madison has approved participation in the Magellan Global Fund Partnership Offer and Bonus Option Issue for relevant clients. The offer opened 18 January and we have created a ROA template for you to use if you wish to recommend it to your clients, along with a simple calculator to help you complete the table in the ROA.
Both of these documents are available in the Madison Adviser Portal under Compliance >> Advice Documents.
The ROA template assumes the additional application will be funded from available cash – if your recommendation is to sell down something to fund the application then you will need to include a recommendation in the ROA and include any transaction costs, CGT issues and any other product replacement information.
In this Edition:
Magellan Global Fund Partnership Offer and Bonus Option Issue
Madison has approved participation in the Magellan Global Fund Partnership Offer and Bonus Option Issue for relevant clients. The offer opened 18 January and we have created a ROA template for you to use if you wish to recommend it to your clients, along with a simple calculator to help you complete the table in the ROA.
Both of these documents are available in the Madison Adviser Portal under Compliance >> Advice Documents.
The ROA template assumes the additional application will be funded from available cash – if your recommendation is to sell down something to fund the application then you will need to include a recommendation in the ROA and include any transaction costs, CGT issues and any other product replacement information.