Notes to the Financial Statements
Other related party transactions A Deed of Retirement and Appointment was entered into by CLN as the retiring trustee, CLAL as the appointer and ETSL as the new trustee of the CRP. Related to the change of trusteeship, related party administration agreements were novated from CLN to ETSL, and memoranda of transfers were effected for the relevant underlying life investment policies. Directors fees were paid to Crescent Capital Partners Pty Limited the manager of the parent entity’s majority shareholder CCP Bidco Pty Limited. A director held 100 subordinated notes during the year and the notes are issued on the same terms and conditions available to other note holders. Transactions other than financial instrument transactions No Director has entered into a material contract with the Company or the ClearView Group since the end of the previous financial year and there were no material contracts involving Directors’ interests existing at year end. Other transactions with directors, executives and their related parties are conducted on arm’s length terms and conditions, and are deemed trivial or domestic in nature. These transactions are in the nature of personal investment, life insurance policies and superannuation.
8.4 Investment in controlled unit trusts
Consolidated 2024 Consolidated 2023
Name
Type
$'000
% $'000
%
Controlled unit trusts CVW Index Fixed Interest Fund
Debt
209,189 58,752 184,396 279,164 147,385 19,876 28,984
97 200,573 47 52,138 56 198,477 94 251,867 93 145,970
97 42 55 93 92 28 33
CVW Schroder Equity Opportunities Fund
Equities
CVW Fixed Interest Fund
Debt
CVW Index International Shares Fund
Equities
CVW Money Market Fund
Debt
CVW First Sentier Investors Infrastructure Fund
Property Equities Equities
31 31
20,511 38,265
CVW Antipodes Global Fund
CVW Hyperion Australian Shares Fund CVW Index Infrastructure and Property Fund
9,476
100 17,397 92 98,174 94 41,756 93 189,864 44 34,302 52 39,700
100
Property 117,809
90 95 92 42
CVW Index Emerging Markets Fund CVW Index Australian Shares Fund CVW Aoris International SRI Fund
Equities Equities Equities Equities
56,699 210,453 32,514 37,364
CVW Fairlight Global Fund
51
Non-controlled unit trusts CVW ClearBridge RARE Emerging Markets Fund
Equities
—
— 16,792
32
1,392,061
1,345,786
Total
In which: Assets held for sale (see section 8.5(d))
1,390,689
1,344,646
Investments
1,372
1,140
165
ClearView Wealth Limited
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