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Max Trust (ASX:MXQ) Interest Expense (Positive)


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What is Max Trust Interest Expense (Positive)?

Interest Expense (Positive) only applies to insurance companies.


Max Trust (ASX:MXQ) Business Description

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Allco Max Securities & Mortgage Trust (AXQ) ('Max´) is a lending vehicle which writes loans into structured finance transactions predominantly originated by Allco, and purchases investment grade debt on wholesale markets. AXQ's Investment Manager is Allco Funds Management Limited.