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That's right Alex, the point is the unitholder is not entitled to corpus.

Hi Invictus, The best way you can understand this is to think about a publicly listed master trust. They buy a big CBD building for their portfolio. You buy units in this master trust. By Owning the units you are not entitled to the building itself ( corpus ) but, assuming capital growth, you...

This is excellent news for those who have kept the faith through a diifficult time for owners of HDT's prepared by MGS. It goes to show what a professional outfit MGS are.

Hi David, The trust deeds issued to GGA clients for negatively gearing through a HDT are an excellent document and comply with the law. Those promoters that say the discretion of the capital gain can be to lower income beneficiaries other than the unitholder while units are on issue, will...