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Max Trust (ASX:MXQ) Allowance For Loans And Lease Losses


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What is Max Trust Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


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.