With the introduction of syndications, racing is now more than just the Sport of Kings, it's the sport for everyone. Purchasing a percentage of a horse offers an affordable entry level into racehorse ownership and in this syndication section of Bloodstock.com.au, only licensed syndicators and authorised representatives are permitted to list.

Some of Australia's most successful horses have been raced by syndicates in recent years including- Multiple Group 1 winner Alinghi, Blue Diamond winner Reward for Effort, Golden Slipper winner turned sire, Sebring and most notably dual hemisphere champion Starspangledbannner.

Browse the Bloodstock.com.au Syndication Section for your opportunity to step out of the crowd and into the winners circle.

What is a Promoter and Why buy shares in a horse from an Approved Promoter?

A promoter is an individual or corporation who invites for valuable consideration an individual or corporation to subscribe for shares in a managed investment scheme - in this case, the racing of a thoroughbred horse(s).

A managed investment scheme needs to be promoted by a person/entity that is registered as an Approved Promoter with an ASIC appointed Lead Regulator (ie Racing NSW, Racing Victoria). Promoters can only be registered if they hold an Australian Financial Services (AFS) Licence, or be an authorised representative of a person who holds an AFS licence.

Approved Promoters are regulated by the Principal Racing Authority in each state under the authority of the Australian Securities & Investments Commission (ASIC).

What is a Product Disclosure Statement (PDS)?

Every syndication advertised by an Approved Promoter must have a Product Disclosure Statement prepared and approved by the Principal Racing Authority (eg Racing Victoria, Racing NSW etc) prior to an offer of shares being made. The Product Disclosure Statement provides transparency of financial information concerning the syndication for the purposes of making an informed assessment about investment in the scheme.

This includes:

• Total syndication amount, price per share & number of shares in the scheme
• Particulars of the horse Purchase price of the horse
• Trainer of the horse
• Management fees
• Expenses incurred
• Veterinary report Information on expected training costs and how the syndication will be managed
• A Product Disclosure Statement is valid for period of six months following approval from the Principal Racing Authority.