What is Syndication?
Horse ownership syndication is when a group of people comes together to purchase a horse for a professional Event rider. The Syndicate is comprised of shares purchased by each member of the group. These shares cover the initial expense of purchasing the horse and the annual cost of maintaining the horse. For example, if you purchase a share of a horse ownership syndicate that offers 10 shares, then you and nine other people will own that Event horse and help cover the expenses of maintaining your horse on an annual basis.
These annual maintenance costs are usually predetermined and are distributed evenly between each share in the syndicate. Each syndicate is unique, meaning that both the initial share price and the annual expenses for maintaining the horse can vary greatly.
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