Blaketeam replied to the topic PI structures in the forum Legal & Accounting 17 years, 9 months ago
The statement is not quite correct. In general trusts can borrow money.
Superfunds are prohibited from borrowing money. Therefore the trust that is estabished for you to manage a Self-managed Superfund will not be permitted to borrow money. Therefore all leverage is lost.
The principle advantage of Superfunds is the low rate of taxation.…[Read more]