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In highly competitive fields of work such as fund management and share trading, overhead tasks like registry services are becoming areas of specialty, with niche companies offering registry solutions and the like. Following the lessons of Ford’s infamous assembly line, this type of business works on the basic principle that specialisation in areas like corporate and share registry services is the key to efficiency, and therefore increased output, in any line of work.

Staying on the positive side of the bottom line, day in and day out, is not just about increasing the amount of work done but decreasing unnecessary overheads within your workplace.

Such as with registry services and registry solutions in the field of fund management, many business owners may think that their employees waste time doing menial tasks. But, taking a step back, many successful businesses come to realise that it’s the employees themselves, and the skills and training they have, that are wasted on menial tasks or tasks for which they have no training.

Leaving overheads such as share registry services to these providers of registry solutions may seem like even more of a hassle or unnecessary expense, but the reality of the situation is that cutting the menial tasks out of your business allows for workers to focus on the tasks that match their skill set; to challenge themselves with work and by putting aside registry services to the experts, and to become experts and specialists in their own fields.

What’s more, outsourcing registry services and the like to companies that focus on share registry services as their core business, means even faster output with less mistakes. Outsourcing a time-consuming and ultimately costly overhead of your business can only add positives to your bottom line.

When hiring out tasks like share registry services to registry solutions providers, you are not merely replacing one group of workers for another. You are also investing in the information and contacts you will acquire by hiring specialists. They will do more with registry services than what your distracted employees would have been doing otherwise had your registry solutions not been outsourced.

There are always opportunities to invest and your money can work hard if it’s in the right place.

But investments can be tricky, and we can’t all be a corporate trustee performing trustee work. That’s why a managed investment scheme, also known as ‘managed fund’, ‘pooled investment’ or ‘collective investment’, could be a lucrative option.

According to the Australian Securities and Investments Commission, a managed investment scheme is a collection of individuals who have pooled their money together to get an interest in an investment. The pool of money is then managed by a corporate trustee or trustee company who performs the trustee work. Individual investors have little or no control over the day to day operation of the funds or the investment.

Examples of managed investment schemes include: Film financing, share trusts, cash management trusts and property trusts.

A managed investment scheme can be effective due to the focused nature of the work. For example, there are many opportunities for investment in the Australian agricultural sectors. But unless you’re a financial analyst, a farmer, a corporate trustee, or a trustee company, spotting these opportunities, as well as the potential risks, can be tricky.

A corporate trustee performing trustee work could easily spot the combination of a lucrative investment and the potential for a future tax benefit. There are also risks involved in these investments, which a corporate trustee or trustee company could also spot.

For example: An agribusiness managed investment scheme may seem great for the tax benefits, but the realities of this sector can make predicting returns difficult. Shifting your funds around to another managed investment fund can prove to be difficult, as is pulling your money out. A corporate trustee or trustee company could spot these downsides while someone less experienced would have trouble.

So if you’re a middle income investor aged 55 plus, an agribusiness managed investment scheme may not be for you due to long-term nature of the returns.

However, a share fund properly managed by a corporate trustee diligently performing trustee work can pay great dividends. With a broad portfolio to manage and minimise risks from market fluctuations, the right equity fund in the hands of the right corporate trustee or trustee company can enjoy a steady growth over time.