What does AUZ mean in TORONTO STOCK EXCHANGE
In business terms, AUZ stands for Australian Banc Capital Securities Trust. This trust is a specialised corporate structure that allows the Commonwealth Bank of Australia (CBA) to raise capital from both private and public sources in order to invest in different investments such as stocks, bonds and other debt instruments. By creating this specially structured trust, it allows the CBA to provide retail investors with access to these different products at competitive prices without having to go through the long and complex process of issuing securities on public markets.
AUZ meaning in Toronto Stock Exchange in Business
AUZ mostly used in an acronym Toronto Stock Exchange in Category Business that means Australian Banc Capital Securities Trust
Shorthand: AUZ,
Full Form: Australian Banc Capital Securities Trust
For more information of "Australian Banc Capital Securities Trust", see the section below.
What does AUZ mean?
Benefits of using AUZ
By using AUZ instead of traditional financial instruments such as stocks and bonds, CBA can quickly raise capital from both private and public sources at better prices than would be available on public markets. This helps them diversify their investments while also having more control over how the funds are used, allowing them to make decisions faster than what would otherwise be possible if they had gone through the lengthy process of issuing securities on public markets. Furthermore, since the trust is regulated by the Australian Corporations Act 2001, it provides people with additional assurance that their investments are secure.
Essential Questions and Answers on Australian Banc Capital Securities Trust in "BUSINESS»TSX"
What is the Australian Banc Capital Securities Trust?
The Australian Banc Capital Securities Trust (AUZ) is an unlisted managed investment scheme. It invests in a diversified portfolio of domestic and international equities, bonds, commodities and other investments. Investors can access a variety of asset classes, fund managers and strategies without incurring brokerage or transaction costs