Macquarie Specialist Investments (MSI) has unveiled a new Macquarie Significant Investor Visa (SIV) Government Bond Fund for wealthy migrants.
The fund will invest in bonds issued by Australian Commonwealth, state or territorial governments.
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MSI said that the fund will also qualify the $1.5 million Waratah Bond requirement for investors seeking for NSW state sponsorship.
MSI currently offers six SIV Funds for investors to access a range of Australian-based asset classes including cash, fixed interest, listed property, equities and now Government bonds.
In addition, MSI will also provide SIV funds the potential to protect and borrow against their investment, including the new Macquarie SIV Government Bond Fund.
Jason King head of MSI said: "Now investors can deal solely with MSI to satisfy both their government bond requirement, and at the same time allocate the remaining $3.5 million of the minimum SIV requirement of $5 million across MSI’s suite of compliant SIV funds.
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By GlobalData"The new fund demonstrates MSI’s commitment to the SIV program by making it simpler for applicants to manage all of their investments while offering significant choice and flexibility," King added.
