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1.
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Why is the Samuel Terry Absolute Return
Fund only available to wholesale investors?
The simple answer is that our Australian Financial Services License
only allows us to offer our product to wholesale investors.
There were several reasons why we chose to apply for a wholesale license rather
than a retail license, but the main one was that it would have doubled our operating
expenses if we had organised the firm to be able to apply for a retail license.
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2. |
What does the Latin
on your logo mean?
We buy old junk. We sell antiques.
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3.
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What are the identification requirements for new client's?
Click here.
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4.
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Who was Samuel Terry?
Sam was Australia’s first home-grown millionaire. As a proportion of GDP
he is the richest-ever Australian.
He came to Australia from Yorkshire as a penniless convict in 1800. Soon after
he was freed in 1807 he started his business career as a publican, then moved
into land speculation, lending and investing. By the 1820’s he had become
the richest man in the colony of New South Wales, and remained that way until
his death in 1838.
Sam was a co-founder of the Bank of New South Wales (now Westpac) and the State
Library of New South Wales.
Sam’s success was such that he became known in England as “The Botany
Bay Rothschild”. There were reports that his success encouraged some people
in Britain to take up crime, in the hope that they might be transported to Australia,
the land where a man could rise from nothing to enormous wealth.
Sam’s success can be seen as an inspiring story of a humble ex-con achieving
great success through hard work and entrepreneurship.
An alternative view is to note the contrast between the fame Sam enjoyed in his
lifetime and his present obscurity. This should serve as a reminder to all of
us, that no matter what material success we may achieve, it will all too soon
be forgotten.
To learn more about Sam, click here. |
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