Queensland Trustees & Investments Limited (Queensland Trustees).
Queensland Trustees holds strategic investments in the following listed entities in which it holds or is seeking board representation:
APA Financial Services Limited ASX Code: APP www.apafs.com.au
Queensland Trustee & Investment Limited also has direct investment and controlling interests in the following businesses:
RIM Securities Limited
ACN 111 273 048
RIMsec’s primary service to its customers is to find the best balance of safety and maximum return for their interest bearing investments whether it be short term cash deposits or long term portfolio construction for cash based investments.
RIMsec is an ASIC licensed money market and a specialist fixed interest securities dealer - licence number 283119 - offering wholesale and retail investors easy access to a wide range of domestic and international fixed income products including cash deposits, bank bills, certificates of deposits, government and semi government bonds, as well as corporate bonds and debentures. With offices in Brisbane, Melbourne and Adelaide, and employing a dedicated team of experienced fixed interest specialists, the company is well positioned to offer services to individuals, small and large businesses, not for profit organisations, local authorities – in fact any person or organisation with cash investments.
RIMsec offers sophisticated investors, high wealth individuals and their financial advisors, specialist advice on fixed income portfolio allocation, valuation services, market commentaries and briefings, as well as international settlement capability.
Administration Partners Pty Ltd
ACN 089 816 026
AdminPARTNERS, established in 1999, is a Melbourne based software developer which provides MySuperSolution to administrators of pooled superannuation funds.
MySuperSolution is one of the most comprehensive, web-based, administration systems for retirement, superannuation and pension schemes available in the Australian market. The system has operated successfully with a satisfied customer base of administrators for over ten years, supported by an experienced team who genuinely know and understand superannuation administration.
AdminPARTNERS was acquired by QTI in September 2009 under its former brand of GPen (Global Pensions).
MySuperSolution provides a single web-based portal delivering the back-office administration function to its clients, which are superannuation and retirement savings administrators of pooled funds. Features of the system allow customisation and adaptable solutions for any country that maintains a retirement savings regime and interfacing directly with most investment platforms.
For QTI, aside from the potential for growing the current superannuation business, there are synergies with QTI’s interests in both pooled fund management and its trustee and custodial roles.
Magnums Backpackers
An icon in its own right in the backpacking industry in Australia, Magnums Backpackers is located in the very heart of Airlie Beach in Queensland’s beautiful Whitsunday region. Besides being a “must do” destination for international backpackers, from an investment viewpoint, Magnums Backpackers provides QTI with a number of important financial advantages. These include the reliability of strong positive cash flow from a business which is counter-cyclical and constitutes a perfect land banking opportunity of irreplaceable central Airlie Beach land. The business is simple to manage and consistent, particularly in more difficult economic times.
