FROSTED ex KITE HARAKA Grey-Bay Yearling Filly with CIARON MAHER

Everyone loves a Grey! We have available a Fabulous Grey-Bay Yearling Filly by Outstanding young sire FROSTED (by TAPIT) ex KITE HARAKA (Full-sister to Gr2 Winner FONTITON (Dam of Gr3 Wnr GENERATION and Gr3 placed PINKHAM) and 1/2 sister to Gr3 Wnr SARTORIAL SPLENDOR, from SW PERSONAL ENSIGN. Our VOBIS eligible filly will be trained by CIARON MAHER Racing. 5% Shares just $11,888 inc GST and ALL COSTS to 30/6/22. Great type matches super pedigree 100% RESERVED !!

SIRE: FROSTED (USA) (by TAPIT)
DAM: KITE HARAKA (by TURFFONTEIN)
FOALED: 11 SEPTEMBER 2020

GORGEOUS LOOKING ~ GREY-BAY
YEARLING FILLY
With CIARON MAHER Racing

100% RESERVED ~

5% @ $11,888 inc GST & ALL COSTS to 30/6/22
plus FULL insurance to 1/11/22

2.5% @ $5,944* (*conditions apply)

Turning Grey Day By Day! OUR FILLY spelling @ BIMBADEEN PARK 1/2/22

OUR FILLY spelling @ BIMBADEEN PARK 1/2/22

OUR FILLY spelling @ BIMBADEEN PARK 1/2/22

Our Filly at Gooree Park October 21

Our Filly October 21

Our Filly October 21

WATCH OUR LATEST TVC

Frosted x Kite Haraka filly TVC from Dynamic Syndications on Vimeo.

CATALOGUE STYLE PEDIGREE

OUR NEW FILLY is Bred on the SAME Cross
TAPIT over STORM CAT line mares
as our current Dynamic headline horse ~
LOVE TAP

14 starts 5:0:2:1 & $373,175 - A Gr3 Winner & Gr2 Performer!

To increase her opportunity of success
We have placed our filly in one of
Australia's Most Successful Stables

CIARON MAHER RACING

BELOW: Hear from CIARON MAHER about our Filly

Ciaron Maher - Frosted x Kite Haraka.mp4 from Dynamic Syndications on Vimeo.

Everybody Loves a Grey !

100% NOW RESERVED

5% Shares are $11,888 includes GST & ALL COSTS to 30 JUNE 2022

2.5% Shares are Available

BELOW: Hear From ADAM WATT @ Dynamic

ADAM chats to us from the company's Boardroom at Dynamic Syndications, taking us through the background of how - why - when we secured this Gorgeous Grey "New Season" Yearling Filly and why she will be aimed at the pinnacle of 2yo races such as the BLUE DIAMOND & GOLDEN SLIPPER - Both races we have won previously:

Frosted x Kite Haraka Grey Yearling Filly - Video Preview 3.12.21 from Dynamic Syndications on Vimeo.

AHEAD OF THE FIELD:

ADAM WATT with Our Horse Educator - Australian Olympian SHANE ROSE

Our filly is already with our Educator SHANE ROSE to commence her breaking-in on Monday 13 December 21.

BELOW: WOW FACTOR FOOTAGE

On DAY 2 - Tuesday 14/12 of the Breaking-In phase of our filly's education our team went out to BIMBADEEN PARK to capture SHANE ROSE in action teaching our filly to become a racehorse.

“A Day at the Breakers” is fascinating to those who have never had an opportunity to witness how a young horse is introduced to the education process.

There is no better person in Australia to educate young thoroughbreds than our very own Australian Olympian SHANE ROSE from his BIMBADEEN PARK property at Werombi on the outskirts of Sydney.

14/12/21

The breaking-in process is vital to give young horses the right foundation to stable life and to give them the education by “feel” to respond to the commands of the rider.

If young horses pick up bad habits in this early process, sometimes they never give up those vices.

Whilst those that are quick to learn, sensible and eager to please, have a significant advantage over their peers.

On Day 2 of the breaking-in and education process for Dynamic Syndications fabulous yearling filly, by rising star stallion FROSTED from the beautifully bred mare KITE HARAKA was captured on film.

ADAM WATT from Dynamic Syndications was on hand with video camera rolling, along with Amanda Wood our contracted photographer, as SHANE ROSE went through his process of teaching our filly to respond to commands.

Joining Adam at BIMBADEEN PARK and keen to see their new yearling filly were two (2) fellow co-owners of our gorgeous grey girl, Felicity Novy and Norm McIlfatrick.

SHANE described his pupil as the “TEACHER’S PET” based upon her willingness to please and respond to commands in only a few minutes.

We are delighted to share with our Owners and Followers this vital video clip and some of the photos Amanda captured on the day.

Everybody loves a Grey!

We are now 90% SOLD in this fabulous FROSTED x KITE HARAKA Grey-Bay Yearling Filly who will be aimed at the early 2yo racing under the care of master trainer CIARON MAHER.

For those who have never seen this procedure, this video offers a wonderful insight to Australia's Olympic horseman being kind to our horse and how she instantly responds to Shane's gentle nature.

BELOW: Watch the Video of SHANE ROSE educating our Filly

Our Filly's Huge Pedigree ensures excellent residual value!

A gorgeous grey filly by one of Australia’s leading FIRST CROP Sires & now .....
Exciting SECOND CROP Sire -

FROSTED (USA) (by TAPIT)

From KITE HARAKA (by TURFFONTEIN ex PERSONAL ENSIGN)

Our FROSTED ex KITE HARAKA Filly is the Dam's FIRST FOAL

KITE HARAKA is the FULL SISTER to 3-time Stakes-winning mare
FONTITON

FONTITON (f by TURFFONTEIN). 3 wins at 2, A$435,750, MRC Blue Diamond Prelude (f), Gr.2, Blue Diamond Preview (f), Gr.3, MVRC Inglis Banner 2YO S., RL. Dam of 2 winners -

GENERATION (c Snitzel) 3 wins-2 at 2-at 1050m, 1200m, A$250,475, to 2021-22, MVRC Red Anchor S., Gr.3, MRC Lamaro's South Melbourne 2YO H., SAJC Adelaide Galvanising 2YO H., 3d MRC Vain S., Gr.3, MVRC Inglis 2022 Yearling Sales P.

Pinkham (f Written Tycoon) Winner at 2, 3d MRC Kevin Hayes S., Gr.3, Ladbrokes Odds Boost H.

KITE HARAKA is a half-sister to Stakes Winner

SARTORIAL SPLENDOR (g Brazen Beau) 6 wins-1 at 2-to 1200m, A$553,350, to 2020-21, MVRC Red Anchor S., Gr.3,

KITE HARAKA is a daughter of Stakes Winning mare PERSONAL ENSIGN

Personal Ensign with her Canford Cliff foal

PERSONAL ENSIGN, by Rubiton. 3 wins-2 at 2-at 1000m, 1200m, A$212,500, MRC Northwood Plume S., LR, VRC Murray Cox 2YO H., MVRC Slade Bloodstock 2YO P., 2d MRC Starlet 2YO P., 3d VRC Age Classic S., Gr.2.

PERSONAL ENSIGN is a three-quarter-sister to stakes placed Amen Ruby, and to

PARDOE

Pardees (dam of dual stakes winner PARDOE - GOD OF DRAGON (HK)).

* COMPREHENSIVE INFORMATION about the DAM is LOCATED
     in the RED "DAM" TAB at the TOP of this SCREEN

ABOUT THE SIRE:
FROSTED (USA) (BY TAPIT)

FROSTED (USA)

•    Last Season's Brilliant Australian FIRST CROP Sire
•    A current Leading Second Crop Sire in Australia
•    Fastest Racehorse (official) at Any Distance in the USA in over a Decade
•   Best Son of the Best Sire in the USA - Champion Stallion TAPIT
•   Record-Breaking Winner of 3 x Gr1’s, 2 x Gr2’s & over AUD $5million Prizemoney
•   Best Winner of the Sire Making Gr1 Met Mile by a staggering 14.3 Lengths!
•   Recorded a Beyer Figure of 123 – Highest of any USA Stallion to stand in AUS
•    Rated 3 points superior on Beyer Figures than his peer AMERICAN PHAROAH
•   Winner at Two, Three and Four – Timeform Rated 130
•   Stood for $50,000 USD in his First Season in America & $38,500 AUD in Australia
•   First Yearlings have sold up to $850,000 in the USA & $650,000 in Australia
•    AUSTRALIAN RESULTS as a First Crop Sire in 20/21 Season
     16 Runners = 5 Winners / 3 Placed / 2 Stakes Winners / 2 Stakes Placegetters
     3rd by Stakes Winners / 6th by Earnings

FROSTED – What an amazing racehorse!

Good looking, striking, he has presence and quality, and above all, was an unbelievable racehorse.

A 3-time Gr1 winner, he raced at 2, 3 and 4, and amassed close to US $4 million in prizemoney.

He won the stallion making Gr1 Met Mile by a massive 14 lengths! in a sizzling 1:32 and change.

Extraordinary!

He was a special racehorse – He became a cult hero.

FROSTED is the BEST SON of the great TAPIT – a phenomenal breed shaping and 3-time Champion Stallion in the USA.

FROSTED a triple Gr1 winning racehorse, by a Champion Stallion. It’s no wonder that he has started his stud career so well.

In the USA he is currently leading Second Season Sire.

Here in Australia, he’s off to a great start from limited numbers led by gun colt Ingratiating – a triple stakes winner and placed in both the Gr1 Blue Diamond and Gr1 Golden Slipper and backed that up in his 3yo year as Gr1 placed in the Moir.

Also fabulous filly CLOUDY – a multiple Stakes Winner.

Given that FROSTED was an elite 3 and 4yo performer particularly from 1600m to 1800m we expect his progeny to get even better with maturity.

Frosted yearlings have been well received in the sale ring selling up to $650,000.

Progeny First-crop performances including WINS and/or Placings in the:

Gr1 Blue Diamond, Gr1 Golden Slipper,

Gr3 VRC Maribyrnong Plate, Gr3 MRC Chairman’s, Gr3 MRC Blue Diamond Preview (Fillies), Gr3 Breeders’ Stakes, Gr3 Sires’ Produce Stakes.

Listed Dequetteville Stakes, Listed Talindert Stakes.

AS AT 25 NOVEMBER 21:

SOUTHERN HEMISPHERE Leading Progeny

Category   Strts   Wnrs   Wins   Placings   SW    GW    SP    Earnings

Summary   29          10          15            36             2        2        2      $1 million+

10 Winners

INGRATIATING (18c, Lonhro, Commands). 3 wins from 1000m to 1100m, A$1,127,550, 1st MRC Vain S., Gr.3, VRC Maribyrnong Trial S., L, VRC Talindert S., L, 2nd MRC Blue Diamond S., Gr.1, VRC Maribyrnong P., Gr.3, MRC Chairman's S., Gr.3, VRC Poseidon S., L, 3rd ATC Golden Slipper S., Gr.1, MVRC Manikato S., Gr.1

CLOUDY (18f, Exceed and Excel, Storm Cat). 3 wins from 1000m to 1200m, A$185,850, 1st SAJC Breeders' S., Gr.3, SAJC Dequetteville S., L, 3rd SAJC Sires' Produce S., Gr.3, VRC Maribyrnong Trial S., L

Translation (18f, Lonhro, Grand Lodge). Winner at 1000m, A$77,130, 2nd SAJC Dequetteville S., L, MRC Clanbrooke Racing 2YO H., 3rd SAJC Without Fear S., L

Frost Flowers (18f, Exceed and Excel, Fusaichi Pegasus). Winner at 1000m, A$90,150, 1st VRC New Year Sprint 2YO P., 3rd MRC Blue Diamond Preview (f), Gr.3

Kooled (18c, One Cool Cat, Sir Tristram). Winner at 1200m, A$33,550, 1st ATC Earthlight at Darley Maiden H., 2nd ATC TAB Maiden 2YO H.

Frostin' (18g, Anabaa, Barathea). Winner at 1100m, A$100,185, 2nd Bendigo JC VOBIS Gold Rush, 4th MRC Chairman's S., Gr.3

Frostick (18g, Holy Roman Emperor, Lure). Winner at 1000m, A$26,650

Marzipan Lad (18g, Murtajill, Surtee). Winner at 1100m, A$23,025

Frost Yourself (18f, Northern Meteor, Belong to Me). Winner at 1100m, A$15,750

Timson (18g, Danzero, Canny Lad). Winner at 1100m, A$19,750

8 Placed:

Glacier Miss (18f, Onemorenomore, Old Spice). Placed, A$30,746, 2nd WATC Tabtouch-Better Your Bet H., WATC Amelia Park Lodge Maiden P., 3rd WATC Tabtouch-Better Your Bet 2YO P.

Mr Freeze (18g, King Charlemagne, Rubiton). Placed, A$11,650

The Globe (18f, Shamardal, Danehill). Placed, A$22,900, 3rd VRC Darley Spring 2YO Preview

Riverina Cyclone (18f, Redoute's Choice, Unbridled). Placed, A$16,500

Lord Paramount (18g, Ustinov, Stark South). Placed

Frostwood (18g, Palace Music, Sir Tristram). Placed

Frosty Vonn (18f, Hold That Tiger, Chief's Crown). Placed

Frigid (18f, Trade Fair, Jeune). Placed

7 x Current Season Winners (3YO’s in their Second Season):

Frostin’	1 win from 5 starts
Frost Yourself	1 win from 3 starts
Frostick	1 win from 3 starts
Ingratiating	1 win from 5 starts
Kooled	1 win from 2 starts
Marzipan Lad	1 win from 3 starts
Timson	1 win from 2 starts

6 x Current Season 3YO Placegetters as at 25/11

Frigid	Placed 1 from 1 start
Frosty Vonn	Placed 1 from 2 starts
Glacier Miss	Placed 4 from 9 starts
Mr Freeze	Placed 2 from 5 starts
Riverina Cyclone	Placed 3 from 4 starts
The Globe	Placed 4 from 5 starts

First-crop performances including WINS and/or Placings in the:

Gr1 Blue Diamond, Gr1 Golden Slipper,

Gr3 VRC Maribyrnong Plate, Gr3 MRC Chairman’s, Gr3 MRC Blue Diamond Preview (Fillies), Gr3 Breeders’ Stakes, Gr3 Sires’ Produce Stakes

Listed Dequetteville Stakes, Listed Talindert Stakes.

AUSTRALIA - Stakes Winners List in 2021

INGRATIATING
1st - 2021 Vain Stakes Gr3
1st - 2020 Maribyrnong Trial LR
1st - 2021 Talindert Stakes LR
2nd - 2021 Poseidon Stakes LR
3rd - 2021 Manikato Stakes Gr1

CLOUDY
1st - 2021 Breeders' Stks Gr3
1st - 2021 Dequetteville Stks LR

USA - Stakes Winners in 2021

TRAVEL COLUMN
1st - 2020 Golden Rod Stakes Gr2
1st - 2021 Twinspires.com Fair Grounds Oaks Gr2

FROSTED OVER
1st - 2021 Ontario Derby Stakes Gr3

FROSTED winning the Gr1 MET MILE (Metropolitan Hcp) at Belmont Park by 14.3 Lengths

Where did they go? Those dark smudges way back on the track are his peers ~ over 14 lengths way!

FROSTED - AN OVERVIEW

Frosted TVC from Dynamic Syndications on Vimeo.

Wow – what a job FROSTED is did with his first crop in Australia.

FROSTED - Sire

Going along quietly, out of the microscope of public opinion, he is setting tongues wagging among the industry professionals.

He produced 16 starters: 5 winners - 4 stakes horses being 2 Stakes Winners INGRATIATING and CLOUDY and 2 Stakes Placed FROST FLOWERS and TRANSLATION, Winner Frostin’ and a further 3 placegetters: Glacier Miss, Kooled, The Globe.

FROSTED Fillies are Flying!
- there have been 6 runners: 3 winners, 2 placed, 3 stakes horses.

This filly we purchased was very well-bred when her Dam was mated to FROSTED, producing a pedigree rating score of A 376% with a strong A++ 1SW score in Australia.

MOST IMPORTANTLY:
She is bred on the TAPIT over STORM CAT line mares ~
the same cross as Dynamic Syndications terrific racehorse:
LOVE TAP

LOVE TAP strides clear to win the Gr3 Gloaming Stakes

This rating is obviously working well and has placed our filly among the leading progeny of FROSTED bred in Australia from this third crop.

In recognition of the instant success the young sire FROSTED is achieving, Darley Stud increased his Service Fee from $22,000 in 2020 to $44,000 in 2021 and his book was Full.

FROSTED is the perfect outcross; a 3 time Gr1 winner, the best ever by three-time Champion American sire TAPIT.

FROSTED only has limited numbers representing him on the track.

His first crop consisted of just 65 live foals and his second crop has only 53 live foals.

There were 71 foals in his third crop (41 fillies) and on pedigree, this is the best mare he covered in this crop.

Scarcity of numbers will prevent him from dominating the premiership lists but performance keeps him at the pinnacle.

Simply speaking, FROSTED is proving a boom young sire and it is hard for the stallion to do anymore at this stage of his young stallion career.

As the saying goes “LIES, DAMN LIES and STATISTICS.”

Forget the marketing hype from peers, FROSTED is the sire performing way above expectation.

* COMPREHENSIVE INFORMATION about the SIRE is LOCATED
     in the Red "SIRE" TAB at the TOP of this SCREEN

ABOUT OUR FILLY

Our Filly

GROWING INTO MONEY

NOTE: Magic Millions have supplied a current market appraisal dated 17 November 21 , as to the current value of the filly prior to the sales commencing in January.

They have valued the filly at a Fall Of Hammer Price of

$160,000 + GST = $176,000

Valuation is attached as an annexure to our documents and is located in the "documents tab" section on this website

•   A simply Gorgeous Grey-Bay with an Outstanding "A++" Rated genetic score
•    We know this is the right cross here in Australia - it produced us LOVE TAP
•    By a multiple Gr1 Winner
•   Bred on the magnificent TAPIT x STORM CAT Cross
•   By a Champion and FASTEST Racehorse in a decade
•   Brilliant physique matches a phenomenal pedigree
•    Passed a Full Veterinary Inspection – 100% Clean on X-rays and Scope
•    You’ll have some fun naming her – by FROSTED x KITE HARAKA
•    And with her beautiful colour, you’ll always be able to see where he is in a race!

Our new Filly is Fabulous

OUR FILLY

An outstanding type with excellent size and scope, she was inspected by our veterinarian who passed her X-rays as being Low Risk and her Videoscope was excellent as a Grade 1 VL (Very Large) throat which is perfect for windflow.

Physically she is an ideal candidate.

Generically the cross is already successful and rates highly.

Our filly is bred to be EARLY and train-on to show speed out to a mile as a 3yo

Her Dam is a full-sister to a three time stakes winner at 1000m-1100m and this filly has the conformational size and strength to run over a trip as well , but FROSTED has added length and refinement and he was best at a mile and she has inherited his conformational style, so expect her to be more a typical 1400m - miler horse.

She is also eligible for Super VOBIS and VOBIS GOLD and will be entered into the series.

As such she will be placed in the care of CIARON MAHER and DAVID EUSTACE.

CIARON MAHER & DAVID EUSTACE

She will be doing her early training at their Warwick Farm stables before moving to their Melbourne stables to take advantage of the extra VOBIS prizemoney.

The question we ask our readers is simple:

At the price we paid for this gorgeous grey filly and the few additional costs involved,

“Can you afford not too?”

5% SHARE PRICE - $11,888 includes GST and ALL COSTS out to 30th JUNE 22

Price includes ~ Entry Fees Already Paid for the:

* VOBIS & VOBIS GOLD

Price includes ~ First Entry Fees Paid for the:

* GOLDEN SLIPPER & GOLDEN ROSE

* BLUE DIAMOND & BLUE SAPPHIRE

plus Price includes ~

* Full Insurance at $237,760 out to 1st November 2022

* COMPREHENSIVE INFORMATION about the PRICE is LOCATED
     in the RED "PRICE" TAB at the TOP of this SCREEN

TEAM DYNAMIC

Adam, Fiona & Dean

Have entrusted this GORGEOUS GREY FILLY to:

CIARON MAHER

Ciaron Maher - Trainer

Who is Ciaron Maher?

Upon first glance, Ciaron appears he may be better suited as a beachcomber than a racehorse trainer.

However as the saying goes: “Never judge a book by its cover.”

Even the stable’s corporate logo identifies with Ciaron’s readily identifiable hairstyle.

Don’t let the laid-back easy going, personable demeanour deceive you.

Under those trademark long curly locks lies a steely determination to train and race the best horses in the country.

Now in his late-thirties, Ciaron has established himself as a genuine leader in Australian racing.

Training Partnership with David Eustace

In August 2018, Ciaron announced that David Eustace would join him as co-Trainer at Ciaron Maher Racing. This decision will ensure the success and growth of the stables for years to come.

Ciaron’s first Racing Season as a Trainer was in 2005/06.

In thirteen season on his own, Ciaron Maher trained:

564 Race Wins (15%); 858 (23%) Placings with earnings over $29.4 million.

* COMPREHENSIVE INFORMATION about the TRAINER is LOCATED in the RED "TRAINER" TAB at the TOP of this SCREEN

DYNAMIC SYNDICATIONS
Managing Director DEAN WATT
knows what it takes to WIN the MAJOR RACES

DEAN is the ONLY
BLOODSTOCK AGENT / SYNDICATOR to have
WON THE BIG 3 2YO RACES

GOLDEN SLIPPER - WON IT !

POLAR SUCCESS - 2003

MAGIC MILLIONS - WON IT !

BRADBURY'S LUCK - 2005

BLUE DIAMOND - WON IT !

REWARD FOR EFFORT - 2009

PLUS .....
DEAN has WON the .....
COX PLATE !

SAVABEEL - 2004

We invite you to be a part of our specialist team that will race this wonderful Equine Investment.

Contact Adam Watt at Dynamic Syndications
1800 61 99 99

(02) 9540 1511

0409 464 378

to chat about what we already know and the plans we have in place.

We look forward to WELCOMING YOU to our TEAM to own & race this FILLY with us !

Adam & Dean Watt - Dynamic Syndications

See YOU in the Winner's Circle Soon !

No related news for the Promotion.

CATALOGUE PEDIGREE
PEDIGREE RATINGS
TRAINERS LETTER with FEES + TERMS and CONDITIONS
VETERINARY CERTIFICATE
INSURANCE MEMORANDUM
MAGIC MILLIONS VALUATION
PDS (PRODUCT DISCLOSURE STATEMENT)
OWNERS DEED
SHARE PRICE CALCULATION
RACING NSW - LETTER OF APPROVAL
SHARE APPLICATION FORM

What is the Share Price & ..... What will be the Ongoing Holding Costs?

The SHARE PRICE is the advertised upfront cost to purchase your ownership share (inclusive of GST) and includes the Fall Of Hammer Price and ALL COSTS specified as declared in the Product Disclosure Statement (PDS) to the pre-determined maturity date (normally 6 months from date of purchase).

After the maturity date, then the ongoing Training and Holding Costs will begin.

ONGOING COSTS: Every trainer is different i.e. Metropolitan / Provincial / Country and in the way they account to owners.

Below we have taken many of these variables into consideration to give an up to date assessment as what owners should budget:

For any 5% Share over a 12 month period, on a Worse Case basis
(All Costs & Fees included but with no prizemoney earned) -

Owners should budget for any horse trained by a Premiership Leading Trainer at a Sydney or Melbourne Metropolitan Racetrack an average of:

$8.90 + GST = $9.79 per day > ($62.50 + GST = $68.75 per week) >

($270 + GST = $297 per month) > ($3,250 + GST = $3,575 per annum)

to have a horse trained by a Non-Premiership Leading but Top 20 Trainer at a Sydney or Melbourne Metropolitan Racetrack an average of:

$8.20 + GST = $9.02 per day > ($58.00 + GST = $63.80 per week) >

($250 + GST = $275 per month) > ($3,000 + GST = $3,300 per annum)

to have a horse trained by a Provincial Trainer at a NSW or Victorian Racetrack an average of:

$7.53 + GST = $8.28 per day > ($52.80 + GST = $58.08 per week) >

($230 + GST = $253 per month) > ($2,750 + GST = $3,025 per annum)

Should a client purchase a larger equity percentage then the costs are simply multiplied pro-rata.

These budgeted costs make no allowance for any prizemoney to be won and with prizemoney at record levels, racing has never been more affordable and profitable.

How was the share price calculated ?

MYTH BUSTER: The Syndication Industry is regularly accused by those uneducated to the processes of the racing industry, of making a significant “MARK UP” from the raw Fall Of Hammer Price (which does not include GST) at the sales, to the final Syndication Sale price.

From Dynamic Syndications position, we totally reject any such: false - dishonest - inaccurate - ill informed commentaries.

FACT: Dynamic Syndications are committed to FULL DISCLOSURE - TRANSPARENCY & INTEGRITY

All shares Dynamic Syndications offer for sale to the public reflect the Purchase Price + ALL COSTS + GST out to a Forward Date of approximately 6 months.

The syndication sector of the racing industry, as required under the Corporations Act and Australian Financial Services License compliance, is the most "transparent of any industry in the Southern Hemisphere."

For each individual promotion, all costs are FULLY DISCLOSED (including our profit margin) and are attached as an annexure to the Product Disclosure Statement (PDS).

AUCTION PRICE: Fall of Hammer Price paid in the Auction Ring - Then GST must be added

DYNAMIC SYNDICATIONS PROFIT MARGIN

Our Profit Margin is determined by a Set Calculation Template.

On Average it is 7.73% of the Final Share Price

Our Gross Profit upon EVERY Promotion we offer is calculated at a SET FEE of 12.5% of the Fall of Hammer Price e.g. If a horse is sold for $100,000 we charge $12,500 + GST for the promotion; e.g. $60,000 = $7,500 + GST; or $120,000 = $15,000 + GST; etc., etc., etc.

Therefore on the financial model above, should Dynamic Syndications purchase a horse for $100,000 in the salering, we add our set Profit Margin fee of $12,500 = $112,500 + $11,250 GST = $123,750 divided by 20 shares = $6,187.50 (inclusive of GST) per 5% Share.

Breakdown: Cost of Share $5,000 + Dynamic Syndications Profit $625 + GST $562.50 = $6,187.50

From this position, simply ALL COSTS incurred in the process from the selection of the horse out to the set forward date are added together and divided by 20 shares and a fixed price is determined which becomes the SYNDICATION PRICE.

These costs incurred are ALWAYS FULLY DISCLOSED in the Cost Annexure attached to the PDS. Costs incurred are per the schedule below:

NOTE: Under an Australian Financial Services License, the maximum promotion allowed to be offered to the public from any Syndication Company is $500,000 including GST.

However under our own internal structure, the maximum price we pay for any horse in any sale ring is capped at $190,000.

Therefore $190,000 x 12.5% = $23,750 divided by 20 shares = $1,187.50 + GST

Therefore the MAXIMUM GROSS PROFIT potentially available to Dynamic Syndications upon any 5% Share is $1,187.50

Therefore to determine the net percentage profit on a sale of a 5% share is:

Set 12.5% Profit Margin Fee divided by Share Price, multiplied by 100

This equals just 7.73% of the Promotion Price.

SALE ~ VETERINARY COSTS: Veterinary work at sale complex by our contracted veterinarians, includes: Physical inspections on all potential lots and X-rays, apportioned across the number of yearlings purchased at the sale for syndication + Endoscopic evaluation post-sale to ensure the horse’s airflow is of normal function + Blood testing post-sale for any Anabolic Androgenic Steroids on each lot purchased. (Note: If any lot fails Endoscope or Blood testing the sale is immediately cancelled).

SALEYARD COSTS: Sales expenses incurred in Team attending sale apportioned pro-rata across all yearlings purchased for syndication (Staff Transport, Accommodation, etc.) + Consultancy Fee to our appointed Independent Bloodstock Consultant for individual inspections of All yearlings to determine final lots to submit for veterinary inspection pro-rata across number of yearlings purchased for syndication + Miscellaneous costs of professional photographers + pedigree ratings software fee + apportioned pro-rata across all yearlings purchased for syndication.

IMMEDIATE ADMINISTRATIVE COSTS:
Fall Of Hammer Insurance (covering FULL SYNDICATION PRICE, Accident, Sickness and Disease Mortality, Theft, Colic, Emergency Surgery) plus Professional Indemnity Cover + Impairment Guarantee Cover from Date of purchase out to 1 November of that year.

ELIGIBILITY PAYMENTS:
These are made for potentially up to Nine (9) Various Race Series (e.g. Magic Millions or Inglis Sales Series + Golden Slipper & Golden Rose + Blue Diamond & Blue Sapphire + BOBS & BOBS Extra and/or VOBIS & VOBIS Gold, wherever the horse is eligible).

HORSE HUSBANDRY COSTS:
Transport the horse from Saleyard to Spelling Paddock + 1 month Agistment + Transport to Educators + 5 Weeks Breaking - In & Education + Transport to Pre-Trainers for 2 weeks in a Racing Stable to Finish Education + Transport back to the Spelling Paddock + 1 month Agistment + Transport to Pre-Trainers (2nd Time) + 3 Weeks Pre-Training (re-education) + Transport to Spelling Paddock + 1 months Agistment + Transport back to Pre-Trainers (3rd Time) + 2 weeks at Pre-Trainers + Transport into Racing Stables + 2 Weeks in at Racing Stables at Racecourse + Transport back to Spelling Paddock + 1 months Agistment, etc.

MISCELLANEOUS COSTS:
General Veterinary, Farrier, Dentist, Race Club Track Fees and other minor expenses.

ESTABLISHMENT & PROMOTION COSTS:
Pro-Rata Costs Proportioned Equally Across ALL Promotions: Postage, printing, handling & stationary + Communications by telephone, facsimile, email, SMS + Marketing & Promotion + Banking Fees + Merchant Service/eftpos fees + IT service provider + Advertising across all platforms: Television, Radio, Websites and other Digital platforms.

STATUTORY COSTS:
The following list of expenses incurred under Compliance as an Australian Financial Services License holder for the protection of ALL Investors:
Veterinary Report for PDS + ASIC Form 88 PDS in-use notice + Lead Regulator Registration of Promotion Fees to Principal Racing Authorities (Racing NSW or Racing Victoria) + Professional Indemnity Insurance + Audit fee + Accountants fee + Legal fee.

GST:
All costs are calculated into the schedule are exclusive of GST. Once a final figure is determined, the 10% GST is calculated and then ADDED to the Costs Annexure

As holder of Australian Financial Services License Number 336808 - Upon application for further information concerning any horse we have available, our company supplies both online and in hard copy the following documents:

FINANCIAL SERVICES GUIDE
PRODUCT DISCLOSURE STATEMENT (PDS)
OWNERS RACING SYNDICATE DEED
CATALOGUE STYLE PEDIGREE
TRAINER’S CONFIRMATION LETTER
VETERINARY CERTIFICATE
INSURANCE CERTIFICATE
SHARE PRICE FULL COSTS DISCLOSURE
RACING AUTHORITY LETTER OF APPROVAL
AUTHORITY TO SIGN FORM
SHARE APPLICATION FORM

*as required under the Corporations Act and under our AFS License.

These documents highlight the specific information relating to the individual horse and its costs structure.

What privileges does ownership bestow?

WITH DYNAMIC SYNDICATIONS -

YOU'LL BE THE BEST INFORMED OWNER IN RACING !

Our business philosophy is to Set the Standard and Ensure Our OWNERS are treated as VIP's

With Team DYNAMIC - You WILL BE the BEST INFORMED Owner in Racing !

Our business model is often copied because every company attempts to offer good service to owners.

However - We are Market Leaders for a Reason - Nobody does it better !

OUR DYNAMIC OWNERS RECEIVE:

* Regular Updates: By Email, Text along with Pictures and Audio Reports and then Phone calls when the horse is ready to go !

* Minimum of 1 weekly update when your horse is in the spelling paddock, along with photos and / or video of your horse each month whilst spelling

* Weekly updates when your horse in early training.

* Along with weekly updates when your horse in early training you will receive Fortnightly pictures and or videos of your horse in early training

* Twice weekly reports when your horse is up to Fast Work (galloping along) with weekly pictures

* We attend trackwork at Randwick each week and interview our trainer about Dynamic Horses in work which we post in your electronic mailbox and online.

* Pre-Race Day: Receive as they close the NOMINATIONS, WEIGHTS and ACCEPTANCES sent directly by Email and Text

* Pre-Race Day: Receive a Full Race Preview including SPEED MAPS, RATINGS, PRE-RACE PRICES, PREDICTED DANGERS, RACE TACTICS

* Pre-Race Day: Receive a Call from our Client Liaison Officer who will discuss the information provided and attempt to assist where possible any request for additional ticketing

* Pre-Race Day: Receive contact via an Audio Report from your trainer delivered by Email / Text

STABLE MAIL - Each Friday our owners have access via their electronic mailbox to an outstanding tipping service along with the Stable's Best of the Day for Saturday's races.

This will ensure even when your horse is in the spelling paddock, that your involvement and interest with our team can be as profitable as possible.

ON RACEDAY - Per 5% Shareholder:

* YOUR NAME in the Racebook,

* Complimentary Racecourse Entry for you and a Guest,

* A Free Racebook,

* Raceday tickets into the Members Stand for the Owner & Guest,

* Passes to enter the saddling enclosure with your trainer to talk with your jockey x 2,

* Stable Representatives, Trainer and Team Dynamic will always endeavour to be with you at the track on the days your horse races to assist making your day enjoyable.

* Opportunity to lead your horse back to the Winners Circle for feature race wins,

* Join the horse, the trainer and fellow owners in the Winner's Circle and get your photos taken everytime you win !

* Invitation by the hosting race club to the Winning Owners room after your horse has won to enjoy their hospitality,

* Invitation to the post race room for hospitality and race replays with fellow co-owners and trainer if your horse didn't win on the day.

* Access to special Owners and Trainers areas (where available),

* Access to special Owners Only areas in the Grandstand at the track to watch your race

* Dynamic Syndications provide our Owners with a complimentary WINNING DVD

NON RACEDAYS

Bring your Family & Friends along with you to:

* Stable inspections to visit your horse at the racing stables available every Sunday when in training,

* Spelling Farm inspections to visit your horse when out of training

* Invitations to regular stable / owners functions, etc.

NON-RACEDAY ADMINISTRATION

* Prizemoney is paid directly into your designated bank account directly from the Racing Authority,

* With Dynamic Syndications co-ownership's, you're never liable for any other owner who doesn't meet their accounts to suppliers,

* Individual contact with the stable,

* Individual accounts issued to you directly.

Information flow

Racing is both a sport and service industry.

As an owner in Team Dynamic, you are constantly updated by e-mail, fax or telephone as to the progress of your horse.

Our team employs a full time Client Liaison Officer whose task it is to send continual information flow to you relating to the training and care of your horse.

When racing - this includes keeping you fully informed with nominations, weights, acceptances & jockey information, pre-race reports including Speed Maps, Ratings and intended Raceday tactics, post race statistical data, post race written review, etc.

Let's Face It !

YOU own the horse and YOU pay the accounts, therefore YOU need to KNOW what's happening with YOUR horse.

Every owner is equally important in our team's success.

Prizemoney

Payment is sent by the Racing Authority approximately 30 days after winning.

Prizemoney is distributed by the relevant Racing Authority's Stakes Payment Division, twice per calendar month.

Owners whom have a 5% share or greater will receive their prizemoney directly from the Racing Authority into their designated bank account.

Owners who form a Racing Syndicate (multiple owners in one share) will have their prizemoney deposited into the Dynamic Syndications Prizemoney Trust Account.

These funds will be disbursed immediately they have cleared through the banking system by our office to the individual racing syndicate members.

Inspection of your horse (Visiting the Stables & Spelling Farm)

As an owner you are always welcome to visit the stable or spelling farm with your family and friends to view your horse at a convenient time for both you and the stable or spelling farm. A simple telephone call to our office to arrange a suitable time would be required to organise an acceptable time.

How do I know if the horse I am interested in purchasing a share in is physically ok?

Our company supplies a detailed independent veterinary report on each individual horse we offer to the public.

Each promotion we offer to the public includes has a current veterinary certificate (within 30 days) of lodgement of the documents with the Lead Regulator for Approval of the Promotion.

Further, within the PDS we declare that should any event change the health or well-being (injury or illness) of the horse prior to the registration of the scheme with the Lead Regulator, the risk remains with the Dynamic Syndications as the promoter and the purchaser / investor shall have a full refund of their share application price paid into the trust account.

This veterinary report will always include a review of the horse's:

* Physical conformation and size,
* A review of the Full Set of 36 X-rays,
* A Post-Sale Endoscopic Evaluation and
* A blood test checking against the use of Anabolic Steroids or Agents in the preparation of the yearling for the sales.

Why do some syndicators offer shares without an x-ray report but most do? Are x-rays important?

Firstly, Dynamic Syndications only purchase horses for syndication that have been passed by our veterinarian as suitable for purchase with no significant findings noted on any of the 36 X-rays which are read.

X-ray reports are available on 99.99% of quality yearlings offered for sale at major sales.

They are a valuable tool available to be used to determine the suitability of a yearling as a candidate for purchase.

The average cost to having a set of X-rays is only $165.

It is a Due Diligence / Quality Assurance issue. As a promoter of shares to the public, we would never promote a horse with any issues that are likely to inhibit the racing career of a horse. Whilst there is always an exception to the rule and a small number of horses may race successfully where major defects are visible on X-ray’s, there is a golden rule – If in Doubt – Rule it out!

Would you buy a house without a building and pest report? Well it’s the same principal. Some horses are the price of houses and at every sale inexperienced / amateur buyers, irresponsible participants, unscrupulous dealers, lazy or unfinancial trainers and a host of others step forward and buy horses that on X-ray have issues that are highly likely to prevent the horse making a successful racehorse. Then those horses are on-sold to the unsuspecting public. Lot’s of money is exchanged on a horse that has little to no hope making the grade.

We know trainers can break down sound horses – They don’t need to start with a problem. So why risk it?

As the saying goes: If it sounds to good to be true – It is ! Quality horses cost a lot to buy. There are a lot of professional buyers at the sales who are experienced horsemen and women. However none have X-ray vision. If a well bred, well conformed athletic horse with a commercial pedigree can be purchased well below market value, then as a potential investor serious questions and hesitation should apply.

There will always be salering bargains, however overall they are hard to find. Smart operators and professional syndicators know the marketplace values.

As a potential buyer of a share in any horse, read the veterinarian report and be satisfied the horse had X-rays available and they were read at the sale and the horse passed suitable for purchase,

Always be careful. If there are no X-rays available – ask why? Has someone got something to hide?

Even if X-rays were not available from the vendor at the yearling sale, the promoter should themselves arrange to have a set of X-rays taken to ensure potential investors are not disadvantaged. That's due diligence.

Comment: Always compare and ensure what you are actually getting for your money – do your homework and you will enjoy the experience of racehorse ownership.

Insurance

Promoters are not considered insurance agents under the Act. Our Share Price includes insurance from the fall of the hammer for a finite period. In most circumstances, that date is through to 1st November in the year of purchase of the yearling.

On this date, each shareholder may individually choose to re-insure their share at their own expense should they wish to do so.

Owners are under no obligation to re-insure. Some owners decide to re-insure, some owners choose not to re-insure. It is a matter of personal preference.

Dynamic Syndications always recommend that our owners consider their personal position and if appropriate, we do recommend that clients re-insure.

Owners should budget approximately 4% of the insured value as the anticipated annual premium. For example, if the insured value of your 5% share was $8,000 then the premium would be approximately $320.00.

The promoter does not act as an insurance agent but is able to put individual shareholders in contact with insurance providers.

On behalf of our owners, if requested we will complete and forward all necessary documentation to the relevant insurance provider.

Dynamic Syndications Managing Director has had business dealings with LOGAN LIVESTOCK INSURANCE since 1986. At our request, Logan's will contact each owner directly to determine your preferences. Owners are under no obligation to use the recommended insurance provider.

Clients are free to use the insurance provider of their choice.

A-Z Glossary of Australian Horse Racing Terms including Slang, Lingo and Sayings

Heighten your racing experience and increase your enjoyment as an Owner in the Sport of Kings by understanding its commonly used terms, slang, lingo and sayings.

Below is a comprehensive glossary of horse racing and veterinary terms designed specifically for Dynamic Racehorse Owners to help understand some of the more unusual words which have been adopted in horse racing.

Horse racing dates back hundreds of years and has acquired some interesting use of the English language from all around the world which is now common place in everyday conversation.

A

Acceptor: A horse that has been declared by the owner or trainer to run in a race.

Age of Horse: Race horses all celebrate their birthdays on the same day. This makes it easier to keep track of breeding and records.
In the southern hemisphere (Australia, New Zealand, Japan, Hong Kong and Singapore) horses celebrate their birthday on the 1st of August each year.
In the northern hemisphere (United Kingdom, Ireland, France, USA and Canada) horses celebrate their birthday on the 1st of January each year.

All Clear: The correct weights allocated to a horses depending on the type of race they are in, including jockey, gear and any lead that is required to make up the specific weight.

All In Betting: A bet taken usually at fixed odds early in betting.

Also Ran: A horse who finishes out of the money.

Anterior: Towards the front.

Apprentice - Junior jockey indentured to a trainer for a four year apprenticeship. An apprentice can claim a reduction of up to 4kgs in the weight carried by the horse. As the jockey wins more races the amount they can claim is reduced. Claim appears next to their name in the racing guides (e.g. 1.5kg)

Apprentice Claim: Weight concession to an apprentice rider.

Approximates: The approximate tote odds on offer before the final pool is closed.

Articular cartilage: Cartilage that covers the ends of bones where they meet in a joint.

Ataxia: Loss or failure of muscular coordination.

Atrophy: To waste away, usually used in describing muscles.

Average-Earnings Index (AEI): A breeding statistic that compares racing earnings of a stallion or mare's foals to those of all other foals racing at that time. An AEI of 1.00 is considered average, 2.00 is twice the average, 0.50 half the average, etc.

B

Back at the knee: A leg that looks like it has a backward arc with its centre at the knee when viewed from the side.

Backed Off The Map: A horse heavily backed in betting.

Backward: Horse that is still physically immature and / or mentally immature.

Back Up: Refers to a horse who races for a second time in a short space of time, 7 days or less.

Bad doer: A horse with a poor appetite, a condition that may be due to nervousness or other causes.

Bagman: Bookmakers associate responsible for settling up on bets at the track.

Bailed Up: A runner racing inside other runners waiting for clear galloping room.

Bandage: The distinctive strips of cloth wound around the lower part of a horse’s legs (this is used to protect against injury).

Banker: One horse who is a standout selection in a race for exotic bets e.g. Quinellas, Exactas, Trifectas etc.

Barrier Blanket: assists horses who resent being loaded in the starting gates. The blanket is attached to the back of the stall once the horse is loaded and remains behind when the horse jumps.

Barrier Draw: The ballot held to decide the barrier a horse will start from.

Barriers: What they call the starting gates the horses come out of at the start of the race.

Bar shoe: A horseshoe closed at the back to help support the frog and heel of the hoof. It is often worn by horses with quarter cracks or bruised feet.

Bay: A horse colour that varies from a yellow-tan to a bright auburn. The mane, tail and lower portion of the legs are always black, except where white markings are present.

Benchmark: Under this system the weight a horse carries at its next start is determined immediately after its previous race, according to the merit of that run. Each Benchmark point equals half a kilogram.

Birdcage: A portion of the racecourse where horses are paraded before the start of the race. Birdcage is also known as the celebrity room at large race days such as the Melbourne Cup in Australia.

Bit: Part of the Bridle, the metal bar that is placed over the horses tongue. When a horse gets its tongue over the bit (or ‘Chokes Down’), the jockey has less control over the horse and the horse struggles to breath correctly.

Black: A horse colour which is black, including the muzzle, flanks, mane, tail and legs unless white markings are present.

Black-booker: A horse to follow after watching its most recent race.

Blacksmith: A specialist in equine hoof care (a Farrier)

Blaze: A generic term describing a large, white vertical marking on a horse's face. The Jockey Club doesn't use blaze, preferring more descriptive words. See snip; star; stripe.

Bleeder: When a horse that bleeds from the lungs when small capillaries that surround the lungs' air sacs (alveoli) rupture. The medical term is "exercise-induced pulmonary haemorrhage" (EIPH). Blood may be seen coming out of the horse's nostrils, known as "epistaxis," although it is typically discovered by a fibre optic endoscopic examination after exercise. Hot, humid weather and cold are known to exacerbate the problem. Less than one bleeder in 20 shows signs of epistaxis. In Australia, a horse is banned from racing for 3 months after the first Bleeding Attack. If it happens again during a race the horse is banned from racing again in Australia for life. Australian racing is drug free, medication to prevent bleeding is prohibited.

Blinkers: A piece of gear placed on a horse to limit its vision to only seeing straight ahead and prevent it being distracted from what's around it.

Bloodstock agent: A person who advises and/or represents a buyer or seller of Thoroughbreds at a public auction or a private sale. A bloodstock agent usually works on commission, often five percent of the purchase price, and can also prepare a horse for sale.

Bog spavin: A filling with excess synovial fluid of the largest joint of the hock called the "tarsocrual joint."

Bolted: Describes a horse that fights the rider and charges along unable to be restrained

Bolted in: Describes a horse that has won the race by many lengths.

Bookmakers/Bookies: The people licensed to place your bet.

Bowed tendon: A type of tendinitis. The most common injury to the tendon is a strain or "bowed" tendon, so named because of the appearance of a bow shape due to swelling. The most common site of injury is in the superficial flexor tendon between the knee and the fetlock. Despite aggressive treatment with anti-inflammatory drugs, physical therapy and rest, horses commonly reinjure the tendon when they go back into racing.

Box/Boxed: Two or more runners to finish in any order in a multiple bet such as Quinella, Exacta, Trifecta.

Box Trifecta: Usually four or five horses are "boxed" in a trifecta. If three of the horses selected all finish in the first three placings, the punter collects for a winning trifecta.

Boxed (in): To be trapped between other horses.

Blows: When a horse is unwanted in betting before the race and the bookies increase the price. For example: a price blows out from $3.20 to $4.50.

Blow up: A horse that finishes weakly through a lack of fitness after looking good in the running of the race. If a horse has not raced for a long time - even if the animal is fit and well - the horse is likely to be tire with the build-up of lactic acid and may be reported to have ‘a blow’, (heavy breathing) after the race.

Bookmakers: A person or company licensed by the government to take bets legitimately.

Box Trifecta: Usually four or five horses are “boxed” in a trifecta. If three of the horses selected all finish in the first three placings, the punter collects for a winning trifecta.

Bridle: Designed to control a horse, a bridle is made of leather and fits on a horse’s head so that other pieces of equipment can be attached. A bridle comprises of a headstall, a bit and the reins. The headstall fits over the head and holds the bit in the horse’s mouth.

Broken Down: When a horse suffered an injury.

Broken Winded: Abnormality of the upper or lower respiratory tract causing loss of normal air exchange, generally resulting in reduced performance.

Broodmare: A filly or mare that has been bred and is used to produce foals

Bucked Shins: Inflammation of the covering of the bone (periosteum) of the front surface of the cannon bone to which young horses are particularly susceptible. This is primarily a condition of the front legs.

Bulbs (of the heel): The two areas on either side of the back of the foot, similar to the heel of the hand.

Bursa: A sac containing synovial fluid (a natural lubricant). The purpose is to pad or cushion and thus facilitate motion between soft tissue and bone. Most commonly occurring where tendons pass over bones.

Bursitis: Inflammation in a bursa that results in swelling due to accumulation of synovial fluid. Capped elbow is inflammation of the bursa over the point of elbow (olecranon process of the ulna). "Capped hock" is inflammation of the bursa over the point of the hock (tuber calcis).

Bute: Anti-inflammatory medication. All horse racing in Australia is drug free, so it must not be present in the horse on race day.

Buy-Back: A horse put through a public auction that did not reach a minimum (reserve) price set by the consignor and so was retained. The consignor must pay a fee to the auction company based on a percentage of the reserve, to cover the auction company's marketing, advertising and other costs.

C

Capped elbow: Inflammation of the bursa over the point of the elbow. Also known as a "shoe boil." See bursitis.

Capped hock: Inflammation of the bursa over the point of the hock. See bursitis.

Card: Racing fixture or meeting.

Carpus: The knee joint.

Cast: If the horse throws a shoe before the race, either on the course or in the barriers, it may be replaced by the farrier prior to the race.

Cast: A horse has laid down in the barrier stalls or gets cast in its box at the trainers stables and finds it difficult to regain its feet.

Checked: Describes a horse which has received some type of interference.

Chef-de-race: A list of superior sires used in the Dosage formula. Pronounced "chef de RAH."

Choked-Down: When a horse partially swallows its tongue during a race, making it difficult to breathe. Often improved with the application of a ‘Tongue-Tie’.

Claim: A reduction in the amount of weight carried by a horse being ridden by an apprentice.

Class: Describes the standard or grade of a race.

Clerk of the Course: An official often dressed in hunting red, normally riding a grey horse. Duties include leading runners out to the start, assisting with difficult horses and capturing runaways.

Climbing: When a horse lifts its front legs abnormally high as it gallops, causing it to run inefficiently.

Clocker: A person who times workouts and races.

Coat-Tugger: Someone who offers a punter a tip and wants a percentage of the winnings.

Colic: Refers to abdominal pain.

Colours (silks): Owners or trainers coloured jacket and cap worn by the jockey. When the horse’s colours are unavailable for any reason, the jockey is required to wear the race club colours.

Colt: A male horse 3 years old or under that has not been gelded.

Condylar (fracture): A fracture in the lower knobby end (condyle) of the lower (distal) end of a long bone such as the cannon bone or humerus (upper front limb).

Conformation: The physical makeup of and bodily proportions of a horse how it is put together.

Connections: A horse’s owners and their representatives or anyone personally connected to the horse such as the jockey and training staff.

Coronary band: Where the hair meets the hoof. Also called the "coronet."

Correct Weight: Placings in a race are official and any winnings can now be paid out on the race. Correct weight means all jockeys have weighed in correctly at the end of the race to ensure each horse was carrying the correct amount of weight.

Cross-over Noseband: Gear that prevents a horse from opening its mouth during a race

Croup: Along the horse's topline, the area between the back and the tail. A straight, level croup provides maximum outreach of the Thoroughbred's hindquarters as it gallops, producing a longer stride.

D

Dam: The female parent of a horse. In human terms, the 'mother' of a horse.

Daily Double: Select the winner in two races.

Dead Heat: Two or more horses finishing in an exact tie at the finishing post. For a dead heat the odds of a horse are divided in half to pay out each of the two winners evenly.

Dead Track: Racing surface lacking resiliency, just on the softer side of Good.

Deductions: reduction on the odds on offer when a horse is a late scratching just before the race

Derby: A classic race for 3 year old's.

Distanced: Well beaten, finishing a great distance behind the winner.

Dividend: Places are paid for First (Win & Place), Second & Third (Place only). A fourth placegetter is included for betting on the First Four only, no place dividend is paid on the fourth placegetter.

Dour: An unexciting, plodding horse. Often a stayer (wants further ground).

Dwelt: Refers to a horse that has hesitated at the start and is slowly into stride.

E

Each Way: Have equal amount of money on the horse for a win and for a place.

Each Way Odds: usually is four to one, you receive all your money back if it comes second or third as long as eight or more runners in race.

Eased: Describes a horse that has been restrained in order to find a better position back in the field. Can also refer to a horses odds increasing in the lead-up to a race.

Eligible: Qualified to start in a race, according to conditions.

Emergency: Additional nominated runners are accepted but will only gain a run if others in the field are scratched. Entire: An ungelded horse.

Entire: a male horse which has not been gelded.

Entrapped epiglottis: A condition in which the thin membrane lying below the epiglottis moves up and covers the epiglottis. The abnormality may obstruct breathing. Usually treated by surgery to cut the membrane if it impairs respiratory function.

Epiglottis: A triangular-shaped cartilage that lies at the base of the airway just in front of the arytenoid cartilages which cover the airway during swallowing. It is normally located above (dorsal) the soft palate.

Epiphysitis: An inflammation in the growth plate (physis) at the ends of the long bones (such as the cannon bone). Symptoms include swelling, tenderness and heat.
Although the exact cause is unknown, contributing factors seem to be high caloric intake (either from grain or a heavily lactating mare) and a fast growth rate.

Even Time: Track work description running 15 seconds to the furlong (200m) (3/4 pace). In a race the average time is 12 seconds to a furlong.

Evens: odds of $2 for a $1 bet

Exacta: Select the first two horses in a race in the finishing order.

Exotics: A multiple bet such as Quinella, Exacta, Trifecta, First Four & Quaddie.

Extended: Running at top speed.

F

False Favourite: What you'd call a horse that's picked as the favourite but you think shouldn't be the favourite.

Farrier: A specialist in equine hoof care (a blacksmith).

Fast: The firmest track rating.

Favourite: The most popular horse in betting and therefore the one who starts at the shortest odds i.e. the one that will pay the least.

Feature Race: The highest rated race on the card, determined by the category of the race and the prize money.

Fetlock (joint): Joint located between the cannon bone and the long pastern bone, also referred to as the "ankle."

Filly: A female horse three years old or under.

Farrier: A specialist in equine hoof care.

Fast: The firmest track rating.

Feature Race: The most significant race of the day, usually determined by the ratings of the horses involved, its category and the prize money.

Field: The horses in the race.

First Four: Select first four horses in the correct order in a pre-selected race.

First Up: A runner resuming from a spell, being a break from racing for 3 months or more.

First Starter: A horse making his racetrack debut.

Fixed Odds: A bet where you agree to accept the odds at the time of placing your time.

Flat Race: Contested on level ground, not a hurdle race or steeplechase.

Flexi-Betting: To invest a smaller amount than the full dollar value of the wager and receive a reduced percentage of the final dividend.

Fluctuation: Odds movement of a runner moving up or down in the betting market.

Foal: A horse that is not yet one year old. Foals become yearlings in the Southern Hemisphere on the 1st August the year after their birth.

Foal Share: Breeding industry term, where the owner of a broodmare and the owner of a stallion enter a contract where instead of paying the advertised service fee of the sire and owning the resultant foal outright, the broodmare owner offers the stallion owner 50% of the sale price that the resultant yearling achieves through the auction sale ring. Conditions of the agreement include the yearling must be offered for unreserved sale. Also the broodmare owner picks up 100% of the costs from date of birth to date to date of the resultant foal being sold as a yearling.

Fresh: A horse that is resuming from a brief rest from racing (more than 28 days but less than 90 days) has been 'freshened up'.

Frog: The V-shaped, pliable support structure on the bottom of the foot.

Front Runner: A horse who usually leads the field in its racing pattern

Furlong: A scale still used in European and American racing which was used here in Australia before converting to metric measurements. A Furlong is 201.168 metres. In racing we refer to a Furlong as being 200 metres e.g. 3 furlongs = approximately 600 meters. (actual distance is 603.504 metres)

G

Gait: The characteristic footfall pattern of a horse in motion. Thoroughbreds have four natural gaits-walk, trot, canter and gallop. Thoroughbreds compete at a gallop.

Gallop: A fast canter. Gelding: Castrated male horse of any age

Gaskin: Area of the hind leg between the stifle and hock joints, consisting of the tibia and fibula. (like the human bicep)

Gelding: Castrated male horse. The high majority of male racehorses are castrated to make them more amenable to handling and the act of racing. They do not have the option of a stud career after they have retired.

Girth: An elastic and leather band sometimes covered with sheepskin that passes under a horse's belly and is connected to both sides of the saddle

Glue on Shoes: For a horse with hoof problems, a light aluminium shoe that is attached with tabs to the outside of the hoof. Horses generally do not race as well in glue-on shoes as they do in racing plates.

Good Track: Conditions between fast and slow.

Green: A young and immature horse that is inexperienced in the act and craft of racing. The term ‘to run green’ may also be used. A horse may throw its head from side to side, may not run in a straight line and/or may be ’pulling’ to run a lot faster. These quirks will lessen with experience. Usage of the word “green” (meaning of tender age) originates from the early 1400s.

Grew Another Leg: A fun thing to say about a horse that suddenly improved during the race.

Group Races: The best horse races in the country which are decided by the Australian Racing Board. There are four (4) types of Black Type races: Group 1 (the highest), Group 2, Group 3 and Listed Race (equivalent of a Group 4 standard race)

H

Half-brother, Half-sister: Horses out of the same dam but by different sires. It does not apply to horses by the same sire

Halter: Like a bridle, but lacking a bit. Used in handling horses around the stable and when they are not being ridden.

Handicap Race: for which a handicapper assigns weights to be carried.

Hand: Standard measurement of a horse’s height described in inches. There are 4 inches in a Hand. The measurement is taken from the ground to the withers (at the base of the neck). The average racehorse is 15.3 Hands High (63 inches) = 1.6 metres.

Hands & Heels: Riding the horse without using the whip. Hang: The horse holds its head to one side during a race.

Hang: the horse holds its head to one side during a race, and wants to run out to that side instead of running straight. Also known as ‘Lugging’. Can be improved by the application of different pieces of horse gear. Can often do this because it is feeling soreness.

Hard-Held: The jockey is restraining the horse from running flat out

Head: A margin between runners which is the length of a horse head. If a horse wins by a head it is a close margin.

Heavy Track: A rain-affected track that is a grade worse under foot than a slow track.

Hock: A large joint just above the shin bone in the rear legs. Corresponds to the level of the knee of the front leg.

Hold all Tickets: Punters are advised not to throw away their bet slips until correct weight has been notified.

Hoof on the till: Expression indicating that a horse is ready to win.

Hoop: Another name for a Jockey.

Horse’s Birthday: For ease of administration of the equine industry, horses are given a common birth date. In the Southern Hemisphere it is 1st August.

Hurdle Race: A jumps race over lower fences than steeplechase races.

I

Imports: Horses imported to Australia are indicated by an abbreviation the country of their birth, such as New Zealand (NZ) and United States (USA)

Impost: The weight carried by a horse in a race. It's a term most commonly used when referring to horses to carrying top weight or high up in the weights scale.

In Foal: Pregnant mare.

In The Money: The horse finished a race winning some prize money.

In The Red: Odds in the bookmakers ring are very short, less than evens.

Irons: Stirrups

J

Judge: The club official who declares the official placing's for each race.

Jumper: Steeplechase or hurdle horse.

Juvenile: Two-year-old horse.

K

Keen: The horse wants to go faster than the jockey will allow and subsequently, refuses to settle in a race. The horse may eventually settle down, but the horse is using up more energy than necessary and this is likely to compromise its chance in the race. (Pulling)

Knocked Up: Describes a horse that during a race has noticeably weakened and is in the process of - or has been - passed by the majority of the opposition.

Knuckled: When a horse stumbles forward in a race. Almost fell on its knees or stumbled. It often costs the horse ground or leads to the rider falling off.

L

Lame: Pain in limbs causing deviation in normal running action or gait. A limp.

Lap Full: The rider has a horse that is going very easily without having been asked to extend

Late Mail: Last-minute tips that take scratchings, jockeys, track conditions and whispers from informed sources into account.

Late Scratching: A runner that is withdrawn from the race after 8am on the race day. If a late scratching is made, the betting odds are adjusted to account for that horse been removed from the run.

Lay: When a bookie offers better odds because they believe the horse can't win. Or the act of betting on a horse to lose on a betting exchange like Betfair.

Lay of the day: A fancied horse considered by a bookmaker to be the one about which he will take the biggest risk.

Length: A horse’s length from nose to tail. If a horse wins by 1 length it has won by about 3 meters.

Let down: A jockey is said to let down his horse in the final stages of a race when asking it for its final effort.

Let Up: A horse that has a break from racing but returns to racing under 90 days.

Long Shot: A runner being at big odds and is unlikely to win.

Lost a leg: refers to a horse that has drifted out in betting e.g. $4 out to $8.

Lugging Bit: For horses that hang out to one side (or 'lug') this bit is applied to make them more tractable.

M

Maiden: A horse who has not won a race.

Maiden Race: A race for non-winners.

Mail: Information and tips.

Mare: Female horse 4 years old or older.

Mash: Soft, moist mixture, hot or cold, of grain and other feed that is easily digested by horses.

Middle Distance: Racing distance classification that generally describes races in the 1600m-2000m range.

Missed the Kick: Horse was slow to begin out of barriers

Monkey: Five Hundred Dollars. Usually a casino chip.

Moral: What you'd call an absolute certainty to win the race.

Mounting Yard: The area where the horses are paraded right before a race and jockeys get on.

Mudlark: A horse that excels on wet tracks.

Mug Punter: A person who is poor at punting/betting.

N

Near side: Left side of a horse.

Neck: Margin between horses, about the length of a horse’s neck.

Nominations: The list of horses entered by owners and trainers for a race.

Nose: The smallest measuring margin between horses. If a horse wins by a nose, it was an incredibly close race.

Nose Band: A leather strap that goes around a horse's nose to help keep the mouth shut.

Nose Roll: A sheepskin roll attached to the bridle on the horses nose to keep the head in line with the body.

O

Oaks: A Classic stakes event for three-year-old fillies over a staying distance.

OCD lesion: A cartilaginous or bony lesion that is the result of a failure in development.

Odds-Against: The prices in the betting ring are longer than even money (e.g. $4.00 for $1.00 invested.)

Odds On: Odds of less than even money.

Off Side: Right side of horse.

Off the Bridle/Bit: When a horse is not travelling easily and pushed along by the jockey as the horse begins to tire and slow down at the business end of race.

One-One: To be one off the fence and one pair back from the front, giving cover.

On the Bridle/Bit: When a horse is travelling comfortably and the jockey is motionless in the saddle.

On The Nod: A person betting with a bookmaker on credit.

On The Nose: To back a horse for the win only.

Over-reaching: Toe of hind shoe striking the forefoot or foreleg.

Overs: The horse’s odds are good value as it has a chance of winning.

P

Pacifiers: Hood with gauze eye covers to restrict the vision of an excitable horse.

Paddock: Before the race the clerk of the course leads the horses from the saddling paddock to the mounting yard.

Parlay: A bet requiring two or more winners or place-getters to be successful. The bet can be placed over consecutive or non-consecutive races.

Parrot mouth: A horse with an extreme overbite.

Pedigree: A horse that has a known, recorded ancestry. This ancestry is often is tracked by a major registry known as the Stud Book.

Penalty: Additional weight that must be carried by the horse as a result of wins since the initial weights were allotted.

Penetrometer: Reading taken from a special instrument designed to measure the softness of the track. Many readings are taken from all areas of the course, then an overall figure is determined to indicate the condition of the track.

Persuader: Colloquial term for a jockey’s whip.

Photo Finish: A result so close that it is necessary to use a finishing post camera to determine the winner.

Pinhooker: A person who buys a racehorse with the specific intention of re-selling it at a profit.

Pig Root: The act when a horse bucks and tries to throw the jockey, often leading to the horse losing ground in a race.

Place: This is when a horse runs either 1st, 2nd or 3rd and you receive a dividend. There must be eight runners or more.

Plates: Horses wear special shoes for racing, known as racing plates. Its thin, light-weight usually made of aluminium.

Plonk: To put a large amount of money on a horse.

Plunge: A sudden rush of bets for a particular horse, often placed close to the race's jump.

Pool: Total amount of money invested on the tote.

Price: Odds on offer for horses in a race.

Proppy: The horse is walking stiffly, suggesting it might be sore.

Protest: An objection lodged by the jockey, connections or the stewards regarding the outcome of a race.

Protest Hearing: A meeting between the stewards after a race that investigates a “Protest” objection or a possible infringement which may have affected the result of a race. If the stewards deem necessary, the outcome of a race can be changed after an inquiry. (Protest / Stewards Inquiry).

Pulled Up: To stop or slow a horse during the race.

Pulling: The horse wants to go faster than the jockey will allow and subsequently, refuses to settle in a race. The horse may eventually settle down, but the horse is using up more energy than necessary and this is likely to compromise its chance in the race. (Keen)

Punter: A person placing a bet.

Q

Quadrella: Select the winner of 4 pre nominated races on the card.

Quarantine: A process used to isolate foreign horses for a short period of time to ensure they are not carrying any diseases.

Quarter crack: A crack between the toe and heel, usually extending into the coronary band.

Quinella: Select the first two horses in a race in any order.

R

Racing Plates: While horses are usually trained in shoes, for race-day they are fitted with lightweight racing plates.

Rails: The prime position in the bookies ring where the larger bets are exchanged.

Rails: The fence-like structure that marks the boundary of the racetrack.

Ratings: A numerical figure given to a horse to reflect their chance of winning a particular race after taking a number of form factors into account.

Ridden Cold: the horse was dropped back in the field and saved for one last run at the end of the race.

Ridden Out: Describes a horse that has been vigorously ridden to the line by its jockey without the use of the whip.

Ridden Upside Down: A horse did not race in the way that suits it best, e.g. a front-runner that was ridden at the back.

Rig: A male horse which is a crypt orchid or not properly castrated

Ring-In: A horse that has been illegally substituted for another acceptor in a race. e.g. Fine Cotton Ring-In.

Roaring (laryngeal hemiplegia): A whistling sound made by a horse during inhalation while exercising. It is caused by a partial or total paralysis of the nerves controlling the muscles which elevate the arytenoid cartilages which thereby open the larynx. In severe cases, a surgical procedure known as "tie-back surgery" (laryngoplasty) is performed, in which a suture is inserted through the cartilage to hold it out of the airway permanently. Paralysis almost exclusively occurs on the left side, most frequently in horses over 16 hands high.

Roughie: A horse at a long price in the ring with a much lower chance of winning. If you pick a 'roughie' your winnings will be far higher because of the chances involved.

Runner: What you call a horse in the race.

Running Double: Select the winner in two consecutive races.

S

Saddlecloth Number: The horse allocated the number one saddlecloth can be carrying the highest weight and/or has won the most amount of prize money or won in the highest class. It does not indicate which Barrier the horse will start from.

Scope: A horse's potential physical improvement as it grows into its frame.

Scratched: A horse which has been removed from a race. Reasons for this can include that there is a better race option for the horse on the horizon, illness, injury, unfavourable barrier draw or at the direction of racing officials.

Sesamoid bones: Two small bones (medial and lateral sesamoids) located above and at the back of the fetlock joint. Four common fractures of the sesamoids are apical (along the top of the bone), abaxial (the side of the sesamoid away from the ankle joint), mid-body (sesamoid broken in half) and basilar (through the bottom) fractures.

Sesamoid (fracture): Fracture of the sesamoid bone. Fractures can be small chips or involve the entire bone. Surgical repair is often done by arthroscopy.
Sesamoiditis: Inflammation of the sesamoid bones.

Second Up: Next run after a first-up run.

Sectionals: Intermediate times recorded during a race.

Shadow Roll (Nose Roll): Usually a lamb's wool roll half way up the horse's face to keep him from seeing his own shadow.

Shin sore: Inflammation of the membrane of the cannon bone.

Silks: The often brightly coloured and patterned jacket and cap worn by jockeys in a race. Silks are generally in the colours of the most prominent owner of the horse or in the trainer's racing colours.

Sire: The male parent of a horse. In human terms, the father.

Sling: A sum of money given as gratuity or bonus generally by an owner to a trainer, jockey or strapper.

Slipped: A breeding term meaning spontaneous abortion.

Slow: A track rating between Dead and Heavy.

Smoky: A well supported horse with no apparent form to justify its price.

SP Bookmaker: An illegal bookie, a person that takes bets without a license.

Speedy Squib: A horse that goes fast early but gives in easily when put under pressure.

Spell: A horse that has had a break from racing for 90 days or more.

Stallion: A male horse that has not been gelded (castrated). Also describes male horses whose racing deeds and pedigree are such that it is desirable to breed from him.

Stayer: A horse that races in long distance races — 2,000 metres and more.

Steeplechase: A race in which horses are required to jump over a series of obstacles.

Stewards: Racing officials responsible for enforcing the rules — basically the referees.

Stewards Inquiry: A meeting between the stewards after a race that investigates a “Protest” objection or a possible infringement which may have affected the result of a race. If the stewards deem necessary, the outcome of a race can be changed after an inquiry. (Protest / Protest Hearing)

Stone Motherless: How to describe the horse that comes last in the race.

Straight Six: Select the winner of six consecutive pre-nominated races.

Strapper: The Groom, a person employed by the trainer to attend to a horse. Duties may include feeding, grooming, riding at training and leading in the mounting yard.

Stud book: Registry and genealogical record of Thoroughbreds, maintained by the Jockey Club of the country in question.

Suspension: The period of time a jockey or trainer is suspended due to an infraction of the rules of racing.

Swimmer: Horse which performs very well on rain effected tracks.

Swayback: Horse with a prominent concave shape of the backbone, usually just behind the withers (saddle area). Scoliosis.

Swooper: A horse whose style of racing is to race near the back of the field before unleashing a fast-finishing burst towards the finish line and often down the outside portion of the track.

T

Teaser: A male horse used at breeding farms to determine whether a mare is ready to receive a stallion.

Thick Winded: Heavy breathing (panting) due to lack of fitness or obstruction in the windpipe.

Thoroughbred: A breed of horse used specifically for horse racing.

Three-quarter-brother (or sister): A term used for horses out of the same dam, but are by a sires that are half-brothers or who are by the same sire.

Thumps: Similar to human hiccups, can occur when the horse is exhausted or dehydrated.

Top Fluctuation/Top Fluc: A bet type which gives you the highest odds during on-course betting. These bets generally need to be placed at least half an hour before the race.

Tongue Tie: A device fitted around a horse's tongue to prevent the tongue lifting and obstructing air-flow. A tongue tie may be applied if a horse is suspected to have a problem with its breathing. Tongue ties also prevent a horse putting its tongue over the bit, which can compromise a jockey’s control and potentially jeopardise the safety of horse and rider.

Track Conditions: The rating given to a racetrack on race day.

Treble: A bet involving three consecutive races nominated by the TAB.

Trifecta: A wager selecting the first three runners of a race.

Triple Crown: A term for the three-year-old Randwick Guineas, Rosehill Guineas and the AJC Australian Derby.

Two Year Old Triple Crown (also known as the Two-year-old Grand Slam): Consists of the Golden Slipper Stakes, AJC Sires Produce Stakes and the Champagne Stakes.

Twitch: A restraining device usually consisting of a stick with a loop of rope or chain at one end, which is placed around a horse's upper lip and twisted, releasing endorphins that relax a horse and curb its fractiousness while it is being handled.

Tying-up (acute rhabdomyolysis): A form of muscle cramps that ranges in severity from mild stiffness to a life-threatening disease. A generalized condition of muscle fibre breakdown usually associated with exercise. The cause of the muscle fibre breakdown is uncertain. Signs include sweating, reluctance to move, stiffness and general distress.

U

Under Double Wraps: Describes a horse who is travelling well without any urgings from its jockey. Won easily without extending to its full ability.

Unders: A horse whose odds are too low in relation to its chances of winning. e.g. Taking 'unders' means you've bet on a horse at odds which should have been higher.

Untried: Not raced or not raced at a certain distance.

W

Wager: A bet.

Walk Over: A race with only one runner. In these races, the horse must be weighed out, mounted and ridden past the judge’s box. The horse will be liable to carry extra weight as the winner of the race and only half the prizemoney is awarded.

Warned Off: A licensed person is forbidden from entering a racecourse or associating with other licensed people.

Weanling: A foal that is less than one-year-old that has been separated from its dam.

Weigh-In: The Clerk of the Scales will weigh the winning rider and their equipment, along with the jockeys who finished in the places.

Weigh-Out: The Clerk of the Scales will weigh all riders and their equipment, to ensure all horses will carry the allotted weight in the upcoming race.
Welter: A handicap race with a higher minimum weight

Wind Sucker: A horse that clings to objects with its teeth and sucks air into its stomach.

Winners’ Enclosure: The horse that has won the race – along with the horses who have finished in the places - will be led back to the winners’ enclosure and walked around briefly while spectators can watch and applaud. Any trophy presentation to winning owners will also take place here.

Weight For Age: Fixed scale of weights to be carried by horses.

Well-Held: The horse won easily without being fully extended. Win: Your selection crosses the line first and correct weight it given.

Winkers: Sheepskin which attaches to the cheek straps of the bridle to keep the horses attention forward.

Withers: Area above the shoulder, where the neck meets the back.

Wobbler syndrome: Neurological disease clinically associated with general in-coordination and muscle weakness. Can be caused by an injury to the spinal cord in the area of the cervical (neck) vertebrae or is associated with malformation of the cervical vertebrae.

Write Your Own Ticket: The horse is so unlikely to win a bookie would give you any odds you asked for.

X

X-Ray Repository: A secure facility on the grounds of an Auction House accessible only by licenced veterinarians where surgical reports and current X-Rays are lodged for each yearling being offered for sale. On behalf of potential buyers, veterinarians may review and identify potential risks in the skeletal structure of the horses that may potentially limit the horse from achieving a racetrack career. Each horse offered for sale must have no less than 36 X-Ray views submitted.

Y

Yearling: A young horse, typically two years old.

Am I joining a partnership or syndicate? ..... What is the difference?

The most common forms of ownership of thoroughbred racehorses are: Co-ownership or Partnership, (often referred to as a "Syndicate" of owners).

Legal advice is now advocating “Co-ownership” of racehorses as distinct from a racing “Partnership” as the preferred ownership structure where there are multiple shareholders (ownership arrangements) of horses. The main reasons for this advice is the “joint and several” liability associated with racing partnerships which do not affect “co-ownerships” and also various tax advantages associated with co-ownership over a partnership.

Therefore Dynamic Syndications only promote 20 share “Co-ownership” horses.

Why 20 Shares ?

Under the Australian Rules of Racing the industry allows up to 20 shares in a racehorse.

As of 1st January 2017, ASIC has allowed an exemption where you may now have up to a maximum 50 participants (owners) who between them, own these 20 shares in any publicly promoted horse.

Therefore co-ownership is no longer restricted to one owner per 5% share. Two (2) or more people many join together to purchase a 5% share between them in a syndicate arrangement.

The obligation is on the promoter to ensure that at all times, the total promotion of 20 shares does not exceed a total of 50 people.

What is Co-ownership?

This term is used to describe the legal relationship between various multiple shareholders who each own an equity proportion of the horse. Where the relationship between the various multiple owners is one of co-ownership, each co-owner (shareholder) will be entitled to receive directly their proportion of the net prizemoney (if any) won by the horse and will also be liable for their proportion of costs associated with maintaining and racing the horse. Under co-ownership, each owner is only liable for their proportion of costs associated with maintaining and racing the horse. Co-owners are not "jointly" and "severally" liable for 100% of the costs should other owners default. The multiple owners’ interests in each horse as per the Racing Syndicate Deed are managed by Dynamic Syndications.

What is a Racing Partnership?

This term is used to describe the legal relation between various persons who collectively agree to form a partnership for the purpose of owning a racing a racehorse. The horse under this arrangement becomes the partnerships property and each owner will be beneficially entitled to their proportion of partnership income earned from racing the horse and will be liable to contribute to the partnership, an amount equivalent to their proportion of costs associated with maintaining and racing the horse. The horse will always be owned by the partnership and not by the individual owners directly and “all” of the partners will be liable "collectively" for the debts of the partnership. Under the Australian Rules of Racing you may only have between 1-20 OWNERS of a horse. From a legal perspective, you have a Partnership or a Co-ownership. Dynamic Syndications create 20 share Co-ownership agreements.

What is a Racing Syndicate?

Should 2 - 20 people combine to buy one or more share/s in a racehorse, this situation is referred to as a "Racing Syndicate". Whilst all syndicate owners are registered with the Racing Authority, under the Australian Rules of Racing, individual syndicate members with less than a 5% equity shares are not permitted to receive individual OWNER privileges. However for that Racing Syndicate, the Syndicate name appears in the racebook and the Manager of the Syndicate receives the owners entitlement.

At Dynamic Syndications we arrange 20 share CO-OWNERSHIPS which attract FULL OWNERS PRIVILEGES.

We also assist our owners in the creation of syndicates for multiple owners to join together to purchase a share in any of our promotions.

Am I locked into the Share as a Co-Owner?

No.

In any racing partnership created by Dynamic Syndications - you own your 5% share.

It’s not a lease, nor a fixed term contract. It’s a re-saleable asset. In reality, you have title to the share in the horse until it passes away from old age or you sell the share (whichever comes first).

You can offer your share for sale at any stage.

However, for avoidance of any doubt: There will be no ready market for the Shares.

Neither the Syndicate Manager nor the Racing Manager will be obliged to sell a Share on behalf of an Owner.

Each Owner should consider the acquisition of a Share as a long term investment for the life of the Syndicate.

Fluctuations in the value and sale price of Shares should be anticipated. Factors which will influence both the value and sale price of the Shares include, without limitation, the following:

(a)    the skill and expertise of the individuals engaged to manage, maintain and market the Horse, as well as the manner in which
        these functions are carried out;

(b)    the race performances of the Horse;

(c)    the Horse may die or its value may be diminished as a consequence of accident, injury, contraction of disease or natural cause;

(d)    the level of demand for horses of equivalent calibre both at public auction and by private treaty;

(e)    the level of supply of horses of equivalent calibre both at public auction and by private treaty;

(f)    any change in the current conditions affecting investment in the thoroughbred horse industry, including level of prize money and taxation
        benefits available to breeders;

(g)    changing conditions within the Australian economy generally; and

(h)    the price which buyers at public auction or by private treaty are willing to pay either for the Horse, or Shares in the Horse,
        if offered for sale, may not reflect either the purchase price paid by the Offeror for the Horse or the sale price of the Shares offered
        under this PDS.

If I want out of the horse and can't find a buyer - can I give the share away?

NO (but in reality = YES)

The technical reason behind the NO answer is that there is a liability of debt being incurred on the horse on a daily basis which must be met 100%.

Each shareholder is liable for their share of the expenses.

HOWEVER in 99% of circumstances one of the other co-owners should/would agree to pick up the share.

Under the Racing Syndicate Deed there is a pre-emptive rights clause that ensures current co-owners have first right of refusal so are offered the share through Dynamic Syndications as the Administration Manager to the promotion.

Dynamic Syndications will assist facilitate the disposal of the share wherever possible.

What obligations am I under when I agree to become a Co-Owner in the horse?

You are contractually obligated to meet your percentage share of the expenses incurred by the horse throughout its racing and breeding career, whilst you remain the owner of that share.

During its racing career we estimate a budget $68.75 per week, (equivalent to $9.79 per day) over 12 months, on a worse case basis should meet all expenses.

If I want out - how do I get out? & ..... What will my share be worth?

A SHARE IN A RACEHORSE IS A TRADABLE COMMODITY

However, it should be viewed as if selling a house or car. It may take some time until a buyer can be found. Seldom is a buyer immediately available.

Under Australian Partnership Law, there are various mechanisms in place to dispose of share. In all Dynamic Syndications promoted horses we have a specific Racing Syndicate Deed which explains the process involved.

We require the co-owner wishing to sell their share to contact the Administration Manager (Dynamic Syndications) and then you as the vendor will need to arrange for an independent valuation from one of the thoroughbred Auction Houses. Then under a pre-emptive rights provision, you put the share up for sale to the other partners first.

During this period the seller may also attempt to find a buyer however existing owners and the trainer have a pre-emptive right to the share.

Any new co-owner must agree to the Terms of the PDS and Racing Syndicate Deed before the transaction can proceed.

Basically, co-owners want to sell their share for a couple of main reasons:

(a) Change in personal circumstances – e.g. Financial Hardship (bankruptcy, loss of job, etc.), change of Marital Status, Overseas re-locations, etc. or
(b) The horse is not showing enough promise as a racing prospect.

In part (a) above, if the horse is showing racing promise, it is never difficult to find a buyer from within the existing partnership structure. Should the horse not be showing enough ability then this relocates the situation into clause (b).

The clause (b) situation is unfortunately encountered in horses through injury, illness or lack of ability. They fail to reach their owners dreams. Should this be the case, the Racing Manager and the Administration Manager shall call a meeting or make formal contact with all partners with the view of dissolving the partnership. Should this be decided upon by a vote of the majority, then the preferential way of disposal of a horse is to sell it at a tried horse public auctions which are conducted each quarter at the Magic Millions or William Inglis sale yards.

Also Private Treaty sales may in rare occasions be negotiated.

WHAT WILL MY SHARE BE WORTH ?

Values swing wildly during a horse’s racing and breeding career.

This valuation swing is based around success.

In essence, a share in a horse represents Muscle, Bone and Earning Potential.

As exposed form and / or age take effect, the value will increase or decrease accordingly.

Dynamic Syndications Director and Responsible Officer is a longstanding member of the Bloodstock Agents Federation of Australia.

He will have an accurate assessment to what the horse is worth.

We require co-owners looking to sell their share to obtain an independent market appraisal from either auction house (Magic Millions or William Inglis), prior to offering any share for sale.

Management Fees - Why do I pay them & ..... Do I get Bang for Buck?

Information About Management Fees

Professional Licensed Promoters include Management Fees in the Product Disclosure Statement for the day to day Management of the horse throughout its Racing Career.

Management of a horse by a Promoter is considered important to most if not all investors, as certain Promoters may have extensive experience in the industry.

For example Dynamic Syndications Managing Director has been an active and independent racing industry participant, forging a career as a Bloodstock Agent and Syndicator since 1984.

Investors should consider the monthly management service and fee as detailed in the Product Disclosure Statement (and Racing Syndicate Deed) for the services provided and ask any questions of the Promoter after reading the detailed information set out below:

Investors should note that under the agreement to provide a management service, it’s only for the racing career of the horse until the co-ownership of the horse is dissolved upon racetrack retirement and does not extend beyond this into its breeding career (if applicable).

Q) What does the Racing Manager do for the Co-Owners ?

A) Ensure YOU'LL BE THE BEST INFORMED OWNER IN RACING !

Our business philosophy is to Ensure Our OWNERS are treated as VIP's

With Team DYNAMIC - You WILL BE the BEST INFORMED Owner in Racing !

To provide this service across the board to ALL DYNAMIC OWNERS is understandably exceptionally time consuming across several dedicated staff. Our team has the specialist knowledge of the workings of the thoroughbred industry. It also requires ongoing compliance for every promotion with annual auditing requirements.

Ensuring that the service we offer is in line with our position of being the “Market Leaders in Racehorse Syndication” wherever possible, we will always attempt to make the extra efforts for our Owners.

DYNAMIC SYNDICATIONS SERVICES ~ EVERY MONDAY IS UPDATE DAY ~ we provide our OWNERS with:

* Updates: By Email, Text along with Pictures and Audio Reports and then onto Phone calls when the horse
   is ready to go!

* Minimum of 1 weekly update when your horse is in the spelling paddock, along with photos and / or video
   of your horse once a month whilst spelling.

* Weekly updates when your horse in early training.

* Along with weekly updates when your horse in early training, you will also receive Fortnightly pictures and
   or videos of your horse in early training.

* Twice a week reports when your horse is up to Fast Work (galloping along) with weekly pictures.

* We attend trackwork at Randwick each week and interview our trainer about Dynamic Horses in work which
   we post in your electronic mailbox and online.

* Pre-Race Day: Receive as they close, the NOMINATIONS, WEIGHTS and ACCEPTANCES sent directly by
   Email and Text.

* Pre-Race Day: Receive a Full Race Preview including: SPEED MAPS, RATINGS, PRE-RACE PRICES,
   PREDICTED DANGERS and RACE TACTICS.

* Pre-Race Day: Receive a Phone call from our dedicated Client Liaison Officer who will discuss the information
   provided and attempt to assist where possible, any request for additional ticketing.

* Pre-Race Day: Receive contact via an Audio Report from your trainer delivered by Email / Text.

RACEDAY

* Trainer / Stable Representatives and Team Dynamic (unless physically impossible e.g. Runners at 3-4 different venues on same day) one of our Team will always endeavour to be on course with you on the days your horse races, to assist making your day enjoyable.

* We meet and greet you and complete formal introductions to your fellow co-owners, we introduce you to your jockey and we ensure you are in the inner sanctum of pre-race tactics between your trainer and jockey. We watch the race with our Owners and post-race include you in the inner sanctum to hear the report directly from the jockey and then, we attend the post-race rooms with our owners to watch replays and explain the how the race unfolded.

* We escort our Owners to the area to lead your horse back to the Winners Circle for feature race wins.

* We ensure as an Owner you and your guests, join the horse, the trainer and fellow owners in the Winner's Circle and get your photos taken everytime you win – wherever your win maybe !

* Dynamic Syndications provide our Owners with a complimentary RACE WINNING DVD

* We organise for our Owners the opportunity to purchase replica Trophies, Sashes, Rugs or any other trinkets won by your horse for that race.

* We have organised a Dynamic Syndications group discount with Bradley Photographers, the NSW based racetrack photographer, for our Owners to order their framed winners photo.

* We represent ALL OWNERS should your horse be involved in a Protest Hearing after a race. Dynamic Syndications Managing Director has been a continual Racehorse Owner since 1981 and held a Racing NSW Trainers Licence in the SERA. We are well placed to deliver an informed debate on behalf of our Owners to any inquiry. This can be vitally important as many thousands of dollars rests on the results.

A working example was when our syndicated horse HONOR IN WAR finished 2nd in the AJC VILLIERS Stakes Gr2 behind TAKEOVER TARGET. We lodged an objection and put forward our opinion to the Stewards. Our protest was upheld and the race result was corrected – We WON !

Another working example from the opposite position was when we were first past the post with our horse MIDNIGHT AT ASCOT in the Magic Millions Country Cup on Magic Millions Day.

We were subject to a protest by the runner up where that horse’s rider said our horse interfered with his mount over the final 200m. On behalf of our owners we put forward our view that the interference claim was caused in the most part by the Runner-up. The protest was dismissed and we retained the race.

Our experiences in the Thoroughbred Industry with our Managing Director being a constant Racehorse Owner for over 35 years, having been a racehorse trainer and working hand in glove with the Australian Rules of Racing with respect to both racing and compliance, cannot be underestimated as an important asset for your horse.

NON RACEDAYS

* Arrange Stable inspections to visit your horse at the racing stables. Bring your Family & Friends along with you. These are available every Sunday when in training or as pre-arranged by Dynamic Syndications on your behalf with the stable.

* Arrange Spelling Farm inspections to visit your horse when out of training. Again organise to bring your Family and Friends with you. These are available most days by pre-arranged appointment by Dynamic Syndications on your behalf with the spelling farm.

NON-RACEDAY ADMINISTRATION

* We handle all Racing Administration requirements for the horse with the Racing Authorities. For example,
   we handle all the paperwork required when a change of ownership takes place.

* We work with each supplier of the services to your horse, making sure their data is correct.

* We assist all suppliers of the services to your horse with their accounts processes.

* We explain and educate for all our Owners with regard to understanding accounts and services supplied from
   trainer, spelling farm, veterinarians, pre-trainer, insurer, etc.

* We assist our Owners claiming their eligible Bonus Monies or Vouchers when your horse wins.

* We assist our Owners in the creation of private / company syndicates to purchase a share.

* We assist our owners claim their BOBS Vouchers to put towards purchasing shares in new yearlings.

* We assist our Owners with any Prizemoney queries you have after you are paid directly from the
   Racing Authority.

* We assist the trainer by organising your horse to be transported from the stables to the spelling farm or
   from the spelling farm to the pre-trainers.

* We work with the Spelling Farm and Pre-Trainers to ensure constant information flow between Dynamic
   and the Trainer, so the horse is out for the correct required period. That means, if it needs 12 weeks it is not
   brought back in after 8 weeks by a stables administration error or not forgotten and still in the paddock after
   16 weeks, etc.

* We take all the work off the Trainer and Stable Staff ensuring ALL our owners are fully informed.
   We work very closely with the stables.

* We attend trackwork at Randwick every Wednesday morning at 4:30am and post online a video.

* We attend the stables of our Randwick based horses every Sunday morning to see your horse when it’s in work
   so we are fully aware of any setbacks or injuries.

* We attend stables at other racetracks also on a regular basis to see your horse it’s in work.

* We do the Race Programming of ALL HORSES under our management in consultation with the Trainer. This ensures “your horse will never be lost in the system.” We work together with the trainer in the management of the horse to ensure every racing opportunity is identified and made available to your horse.

Our industry is one where goals and dreams change daily, because we are working with living animal that can’t communicate and in racing we are subject to the weather, we are not working with a machine. We are required to be flexible and have various stepping stones as alternatives, to give your horse every opportunity to succeed.

* We handle the jockey bookings in most circumstances in consultation with the Trainer.

* We work directly with our Veterinarians ensuring wherever possible, preventative measures are in place to limit the risk of severe injury. Also to ensure the best rest and recovery practices are maintained and delivered.

ADDED EXTRAS:

* INVITATIONS to regular Stable / Owners functions – These are complimentary for all current Dynamic Owners. Our Team at Dynamic attempt to host 2-3 functions per annum.

* STABLE MAIL - Each Friday our owners have access via their electronic mailbox to an outstanding tipping service along with the Stable's Best of the Day for Saturday's races.

* CORPORATE BOOKMAKER BONUS – We have a working relationship with a leading Corporate Bookmaker that ensures our Owners get the Best Prices available on your horse when it races and a massive incentive when your horse debuts as a 2yo. We will assist all owners to take advantage of this opportunity if you wish to sign up to their service. (Conditions apply)
This will ensure even when your horse is in the spelling paddock, that your involvement and interest with our team can still be as profitable as possible.

MANAGEMENT FEES:

We work on the philosophy of low margin / high volume. We keep this fee down to rock bottom and spread it across ALL Horses under our management. This fee is to help us offset all the expenses we incur such as: Wages, Rent, Electricity, Telephone, Text, Industry Specific Software Fees, Annual Legal and Audit Fees, Travel, Banking / Merchant Services / Eftpos fees, Professional Indemnity Insurance, etc, etc, etc, ensuring you are the BEST INFORMED OWNER in the industry.

Our Management Fee is currently set at $69.00 + GST = $75.00 per Calendar month.

That’s $2.26 per day + GST = $2.49 Per Day including GST.

MANAGEMENT FEES are payable by every Co-Owner under Dynamic Syndications.

The Fee is capped at 2 horses.

Owners with shares in 3 or more horses with Dynamic Syndications will only pay the costs to the maximum threshold for 2 horses = $150.00 including GST

How to Read and Understand a Horse Sale Catalogue Pedigree Page

The catalogue is the book which outlines in written format each horse in a sale.

Each page in the catalogue describes a different horse and their pedigree (family ancestry tree).

Each thoroughbred pedigree concentrates on the female family not the male line.

Why? Because a mare can only produce one foal per year, whilst a Sire could cover up to 250 mares in a year. Therefore it’s the mares’ families where the commercial value of a young thoroughbred is realised.

Arguably the most important indicator for commercial value are twofold: The commercial demand of the Sire (Service Fee and Racetrack success of his progeny) and BLACK-TYPE.

What is BLACK-TYPE?

It’s the common industry term used to describe Bold Print on the catalogue page.

When a horse Wins a Stakes Race (Group 1, Group 2, Group 3 and Listed Race) the horse’s name is recorded in BOLD UPPERCASE.

If a horse was placed 2nd or 3rd in one of these Stakes Races the horse’s name is recorded in BOLD LOWERCASE. If a horse runs 4th in one of these races, no bold type is added to the horse’s name however the race is recorded on the page the 4th is in bold.

Simply the more BOLD print (BLACK-TYPE) on the catalogue page equals the more high quality horses in the female family. As a flow on, the more high quality horses the more commercially appealing the horse is to the market.

A pedigree provides extensive details about the relatives of each yearling offered (e.g. how many foals / winners the dam has produced, the race performances of each dam and their offspring).

All catalogue pages have certain structural similarities.

Horses appear in the catalogue and through the sales ring in Lot number order, beginning with Lot 1.

In the high majority of cases, Lot numbers in a sale run in the alphabetical order of the 1st Dam (mother’s) name. The catalogue starts with a random letter of the alphabet and rolls through in alphabetical order.

Each horse actually wears this Lot number as a sticker placed on its hips to identify it as the correct lot being offered in the sale ring.

To familiarise yourself to the page layout, from top to bottom.

The majority of the information on each catalogue page in the sale of yearlings, 2-year-olds, horses in training, tried horses, weanlings and breeding stock, pertains to the dam's side (mother's / female’s) side of the family: (1st dam, 2nd dam, 3rd dam, 4th dam, etc.).

The first dam is the (mother) of the horse being sold

The second dam is the grand-dam (grandmother)

The third dam is the next generation. (Great-grandmother)

The fourth dam is the next generation (Great, Great-grandmother)

Other information contained on the page, from top to bottom such as:

Lot Number Assignment

Name of Vendor

Where the horse is located at the sales complex, (Stable Number and Box Number Assignment)

Colour/Sex and Foaling Date of the horse

Four generation tabulated pedigree

Sire Information: Delivered in Short Form including: Synopsis of the sire's race record (including honours he may have earned) and highlights of his career as a stallion.

Female Family: Information about successful members of the horse's female family.

Trainer Profiles

Ciaron Maher

Ballarat Cranbourne Pakenham, Fingal, Warwick Farm, Bong Bong, Bobs Farm

View Details

ABOUT THE SIRE

FROSTED (USA)
Grey/Roan 2012 Horse 16.1½HH
By Tapit ex Fast Cookie (by Deputy Minister)

Stood at Darley, Northwood Park, VIC in 2017 at $38,500 (first season)

Standing at Darley, Northwood Park Vic in 2021 for $44,000

Standing at Jonabell Farm, Kentucky in 2020 at USD$40,000

WHO is FROSTED?

HERE HE IS BEING INTRODUCED TO THE PUBLIC AT DARLEY STUD IN VICTORIA

Frosted - Stallion Parade from Dynamic Syndications on Vimeo.

He was a TOP LINER, he’s extremely GOOD LOOKING, he’s producing QUALITY progeny and his yearlings have been well sought in the sale ring – That’s FROSTED!

He’s so Special – A True Champion

Three-time Gr1 Winner, he raced as a 2yo, 3yo and 4yo and amassed over $5m AUD in prizemoney

FAST – FASTER – FROSTED exciting first crop sire a truly athletic, incredible talent

FROSTED – He’s the FASTEST HORSE assessed in the USA since 2007

FROSTED = Presence, Quality and above all else, he was an Unbelievable Racehorse!

The Record-Breaking winner of the stallion-making Gr1 Met Mile.

The racecaller's commentary when calling his Gr1 MET MILE win:

“FROSTED has exploded! He’s absolutely blowing his competition away!
Oh my goodness….. look at FROSTED!”

FROSTED also won the Gr1 Wood Memorial at three and the Gr1 Whitney at four.

FROSTED is the BEST SON of the Great USA Sire TAPIT - the phenomenal breed shaping sire of North America, who stands at a Service Fee of USD$225,000.

INTRODUCING FROSTED IN AUSTRALIA

Frosted from Dynamic Syndications on Vimeo.

FROSTED = A Simply Beautiful Horse

Frosted - conformation video from Dynamic Syndications on Vimeo.

GREY & GREAT

FASTER – HIGHER – FURTHER:

It’s the motto that motivates the greatest athletes and the motto that defines FROSTED

In the 126 Year History of the Stallion making Gr1 MET MILE - FROSTED Recorded:

FROSTED is still light on his feet at the end of a record-breaking mile

* FASTEST WINNER in 1:32.73 = Race Record
* HIGHEST RATED horse EVER at a MILE on the BEYER Rating Figures of 123
* FASTEST BEYER Rating Figure over ANY distance in over a decade!
* FURTHEST WINNING Margin of 14¼ lengths
* BEST EVER of Champion Sire TAPIT

FROSTED annihilates his Gr1 peers in the Met Mile by a staggering 14.3 lengths in Record Time

The Beyer Speed Figure is a numerical representation of a horse's performance, based on the final time and the inherent speed over the track on which the race was run. The higher the Beyer Speed Figure, the better the performance. Reflecting on the best American horses to have ever stood in Australia, Frosted’s Beyer Speed Figure rates higher than all other sires to stand, or whom have stood, in Australia.

Frosted	123
Medaglia d’Oro	120
American Pharaoh	120
Street Cry	119
Tale Of The Cat	113
High Chaparral	112
More Than Ready	110
Dehere	103

His HIGHLY SUCCESSFUL Race Career

FROSTED leads them home in the Gr1 Whitney

At 2

1st

* Maiden Special Weight, 8f, Aqueduct, by 5¼l.

2nd

* Remsen S (G2), 9f, Aqueduct, by ½l, to Leave The Light On, beating Keen Ice, Classy Class.

At 3

1st

* Wood Memorial S (G1), 9f, Aqueduct, by 2 len, beating Tencendur, El Kabeir, Daredevil

* Pennsylvania Derby (G2), 9f, Parx, by 2l, beating Iron Fist, Tommy Macho, Mr. Z, Upstart

2nd

* Belmont S (G1), 12f, Belmont Park, to American Pharoah, beating Keen Ice, Mubtaahij, Frammento.

* Jim Dandy S (G2), 9f, Saratoga, by ½l, to Texas Red, beating Japan, Frammento

* Holy Bull S (G2), 8½f, Gulfstream Park, to Upstart, beating Bluegrass Singer, Juan And Bina, Keen Ice

3rd

* Travers S (G1), 10f, Saratoga, to Keen Ice, American Pharoah, beating Upstart, Texas Red.

4th

* Kentucky Derby (G1), 10f, Churchill Downs, to American Pharoah, Firing Line, Dortmund, beating Danzig Moon,

* Fountain Of Youth S (G2), 8½f, Gulfstream Park, to Itsaknockout, Upstart, Frammento, beating Bluegrass Singer,

At 4

1st

* Metropolitan H (G1), 8f, Belmont Park, by 14¼ lengths, beating Anchor Down, Upstart, Marking

* Whitney S (G1), 9f, Saratoga, by 2l, beating Comfort, Upstart, Effinex, Noble Bird

* Al Maktoum Challenge (G2), 9½f, Meydan, by 5l, beating Gold City, Faulkner, Munaaser

3rd

* Woodward S (G1), 9f, Saratoga, to Shaman Ghost, Mubtaahij, beating Breaking Lucky, Tapin Mojo,

Timeform 130

REVIEW:

Frosted was a Homebred for Godolphin who earned black-type in 11 of 19 race starts

FROSTED winning his Maiden as a 2yo at Aquaduct

A winner at 2 and a Gr2 placed 2yo in the Remsden, as a 3yo he won the Gr1 Wood Memorial and also as a 3yo he and competed in both the Kentucky Derby (4th) and the Belmont Stakes (2nd).

Gr1 Wood Memorial

Frosted finished runner-up to AMERICAN PHAROAH in the Gr1 Belmont Stakes

He then went to Saratoga where he was second in the Jim Dandy, and matched motors with American Pharoah in the Travers, then 3 weeks later, he came out and won the Gr2 Pennsylvania Derby.

Gr2 Pennsylvania Derby.

As a 4yo he showed a new dimension.

Gr2 Al Maktoum at Meydan

He went to Dubai in the winter where he won the Gr2 Group Al Maktoum and then flew back to the USA for the Met Mile, winning in a fashion that had never been achieved before.

Gr1 Metropolitan Hcp (Met Mile)

He demolished a field of Group 1 horses in the STALLION MAKING race in America.

Gr1 Whitney Stakes

He then went to Saratoga where he won the Group 1 Whitney at 9 furlongs.

WATCH HIM WIN THE MET MILE BY 14.3 LENGTHS IN RACE RECORD TIME

Frosted wins the Gr.1 Metropolitan Hcp at Belmont Park from Dynamic Syndications on Vimeo.

WATCH HIM WIN THE G1 WHITNEY STAKES

Frosted wins Gr.1 Whitney Stakes at Saratoga from Dynamic Syndications on Vimeo.

WATCH HIM WIN HIS FIRST G1 AS A 3YO - THE WOOD MEMORIAL

Frosted - Wins Gr.1 Wood Memorial Stakes from Dynamic Syndications on Vimeo.

WATCH HIM WIN THE G2 AL MAKTOUM CHALLENGE IN DUBAI

Frosted - Wins Gr.2 Al Maktoum Challenge R2 @ Meydan from Dynamic Syndications on Vimeo.

THE ICING ON THE CAKE!

BEST - FASTEST - MOST - BIGGEST

Frosted - TVC from Dynamic Syndications on Vimeo.

Have you heard all the chat about the FROSTED yearlings?

Top Breeders are TALKING THE TALK whilst the FROSTED YEARLINGS are WALKING THE WALK

See the FROSTED FILLY we purchased – She’s gr-r-reat!

Our Yearling Filly by FROSTED is Fabulous!

TURF or DIRT?

On Turf or Dirt, Group 1 Champion Colts are exactly that – Champions.

In Australia, without the USA Dirt Racehorse standing at stud, we would not have seen the likes of:

WINX, OSBOURNE BULLS, TREKKING, LA ROMAIN, SEBRING, HALLOWED CROWN,
MORE JOYOUS, ASTERN, VANCOUVER, and the list goes on and on and on.

In FROSTED, no matter how you critique a stallion, whether it’s by:

(a) Sire Power – He’s by Champion TAPIT, whether it’s by

(b) a strong broodmare sire - He’s out of a Deputy Minister mare,

(c) if its female family - His first two Dams are Group 2 Winners. If it’s by

(d) proven sires in the pedigree - He’s got two in: MIDSHIPMAN (Champion 2yo in the USA) and SALSE (Champion 3yo in France), or if it’s

(e) race record - He’s TAPIT’s leading money earner.

If you combine these positives and add them to jaw-dropping good looks, FROSTED is the complete package and the heir apparent to his own super sire TAPIT.

STUD RECORD

FROSTED in his three seasons in Australia, has really appealed to our leading breeders, whilst Godolphin also sent 24 mares in his first 3 years at stud.

When he retired, he was a Gr1 Winner at 3, a dual Gr1 Winner at 4 and the Best Son of TAPIT.

He was from a Gr2 Winning, 9-time winning mare, so it was no wonder he was swamped by breeders looking to upgrade their mares.

He was supported with the BEST BOOK of Mares of any first crop sire in the USA in both his First and Second seasons. He really appealed to the High-End Commercial Breeders in the USA.

In his first book, FROSTED covered 6 Gr1 Winners and 12 Dams of Group 1 Winners.

His progeny look as if they will stand up to training, all good boned, good bodied, athletic types, they all look as if they will be 2yo types but have the necessary scope to develop into 3yos and 4yos.

As a group they look to have versatility. Big, strong, correct, substance, scope, deep girth, good toplines, attractive heads.

Frosted's first northern hemisphere crop are two-year-olds of 2020.

First yearlings in the USA made up to US$850,000.

Frosted’s first southern hemisphere crop are at the yearling sales in 2020.

First yearlings in Australia made up to AUD $650,000

BREEDING STATS:

AT THE SALES:

Every year there will be a first crop Sire that will stand out with his yearlings – in 2020 it’s FROSTED.

A sire with perfect conformation, good hip and shoulder, excellent topline, he’s just what the market looks for, his yearlings are so consistent, balanced, good hindquarters, he stamps them.

Frosted is a beautiful looking horse.

A magnificent grey, standing 16.1½ hands and very strong.

He’s the perfect size with good bone and great balance, a good wide forehead and overall, a very attractive, well-made horse.

From 63 Live Foals from his First Crop in Australia

15 Yearlings SOLD at auction in 2020

Average $117,000 Median $71,250

Highest Priced: $650,000 (Filly) ex Fast Fleet

Other Prices include: $160,000 (F), $150,000 (C), $110,000 (C), $100,000 (C) Dynamic Syndications

FROSTED:
BEST – The BEST by Champion sire TAPIT
FASTEST – The RECORD-BREAKING MET MILE Winner
MOST – More 2020 Yearlings at the Sales in the USA than any other First Crop Sire in 2019
BIGGEST – Sire of the HIGHEST PRICED YEARLING of any First Crop Sire - USD$850,000
MAKING HISTORY – It takes Foresight – you can’t own a champion unless you back your judgement

Dan Pride, COO of Godolphin in America, said, “It’s very special to retire a horse of Frosted’s calibre but even more so in that he accomplished so much as a homebred, racing in Sheikh Mohammed’s Godolphin silks. His Metropolitan Mile Handicap was one for the ages and add to that his great pedigree and tremendous physical appearance and you’ve got all the pieces in place for a sire of the future.”

On Frosted’s following start, he took the G1 Whitney Handicap, a race previously won by leading international sire and fellow Darley stallion Medaglia d'Oro.

Frosted had already enjoyed G1 success at three, emulating his sire when winning the G1 Wood Memorial. He also landed the G2 Pennsylvania Derby before finding only American Pharoah too good in the G1 Belmont Stakes.

Head of Sales for the Darley stallions in Australia Alastair Pulford, said, “Frosted was an elite racehorse and we are thrilled to have him join our roster here in Australia. He is set to follow in the hoofprints of Medaglia d’Oro and Street Cry, two high class shuttle stallions who proved themselves Champions on American racetracks before making an indelible mark at stud in Australia. He is the best son of a Champion sire and from a top female line.”

A peak of US bloodlines, Frosted’s female line features Black Type throughout.

His dam Fast Cookie is a dual Stakes-winning mare, with her best performance coming in the G2 Cotillion Handicap.

She was also triumphant in the G3 De La Rose Stakes at Saratoga.

Frosted stood his first northern hemisphere season in 2017, covering a world-class book of mares.

He arrived in Australia from Godolphin’s Jonabell Farm in Kentucky and commenced his first southern hemisphere breeding season the resultant progeny are now yearlings.

“Frosted settled into his new surroundings at Northwood Park. He’s let down into a beautiful stallion, he’s good looking, has presence and quality, and he’s a very well-credentialed stallion prospect to join the Victorian breeding ranks. He is as good as it gets for Victorian breeders.”

FROSTED "BRED TO WIN" FEATURE - by CAROLYN SEARCY - Sky Channel

Frosted - Bred To Win from Dynamic Syndications on Vimeo.

ABOUT THE DAM

KITE HARAKA (by TURFFONTEIN ex PERSONAL ENSIGN)

Our FROSTED ex KITE HARAKA Filly (above) is the Dam's FIRST FOAL

THIS IS A SPEED FAMILY

Kite Haraka is a lightly raced filly, by multiple Group One winner and successful stallion Turffontein.

Kite Haraka is out of the stakes winning Rubiton mare Personal Ensign.

Kite Haraka is also a full sister to the ill-fated multiple Group winning two-year-old Fontiton.

At stud, Fontiton has produced a filly by Written Tycoon in the stable of Mick Price and a Colt by Snitzel.

Personal Ensign has produced this seasons winning, Melbourne placed two-year-old Sartorial Splendor.

She also has a weanling filly by Golden Slipper producing sire Manhattan Rain and is back in foal to that stallion.

Kite Haraka’s winning half-sister, Beautiful Pleasure, produced the highest priced filly (by Brazen Beau) at the 2019 Melbourne Premier Yearling.

She was knocked down to Yulong Investments for $420,000.

Beautiful Pleasure has a weanling colt by Turffontein and is currently in foal to Manhattan Rain.

RACE RECORD

Unplaced in 3 starts at her first prep and earned Prizemoney of $2,395
inc a 4th over 1200m at Mornington by 2.1 lengths in 1:10.54

Injured in barrier trial mishap at the start of her second preparation which ended career

KITE HARAKA is the FULL SISTER to 3-time Stakes-winning mare
FONTITON

FONTITON (f by TURFFONTEIN). 3 wins at 2, A$435,750, MRC Blue Diamond Prelude (f), Gr.2, Blue Diamond Preview (f), Gr.3, MVRC Inglis Banner 2YO S., RL. Dam of 2 winners -

GENERATION (c Snitzel) 3 wins-2 at 2-at 1050m, 1200m, A$250,475, to 2021-22, MVRC Red Anchor S., Gr.3, MRC Lamaro's South Melbourne 2YO H., SAJC Adelaide Galvanising 2YO H., 3d MRC Vain S., Gr.3, MVRC Inglis 2022 Yearling Sales P.

Important Note: When her racing days conclude and she becomes a broodmare, if the breeder covered her with Snitzel, they will create a close RELATION-IN-BLOOD to GENERATION
(Same sire out of a daughter of Full Sisters)

Pinkham (f Written Tycoon) Winner at 2, 3d MRC Kevin Hayes S., Gr.3, Ladbrokes Odds Boost H.

KITE HARAKA is a half-sister to Stakes Winner

SARTORIAL SPLENDOR (g Brazen Beau) 6 wins-1 at 2-to 1200m, A$553,350, to 2020-21, MVRC Red Anchor S., Gr.3,

KITE HARAKA is a daughter of Stakes Winning mare PERSONAL ENSIGN

Personal Ensign with her Canford Cliffs foal

PERSONAL ENSIGN, by Rubiton. 3 wins-2 at 2-at 1000m, 1200m, A$212,500, MRC Northwood Plume S., LR, VRC Murray Cox 2YO H., MVRC Slade Bloodstock 2YO P., 2d MRC Starlet 2YO P., 3d VRC Age Classic S., Gr.2.

PERSONAL ENSIGN is a three-quarter-sister to stakes placed Amen Ruby, and to

PARDOE

Pardees (dam of dual stakes winner PARDOE - GOD OF DRAGON (HK)).

Other Stakes Horses in the female family include:

TEQUILA TIME (g Stratum) 6 wins-4 at 2-to 1400m, A$430,540, to 2020-21, SAJC Sires' Produce S., Gr.3, Breeders' S., Gr.3, Ubet 2YO H., 3d SAJC National S., Gr.3.

INNER WARRIOR (g God's Own) 5 wins-2 at 2-from 1100m to 1600m, A$174,350, TTC Tasmanian Guineas, L, 3d TTC George Adams P., L.

GOLDEN PRAYER, by Amen Brother (USA). 7 wins-6 at 2-to 1200m, A$160,385, SAJC Breeders' S., Gr.2, Walter Brown S.H., L, MVRC William Crockett S., VATC Vard Australia H., SAJC Lindsay Park Stud H., 2d MVRC Kingston Rose H., 3d MVRC Hollymount H., VATC Matinee P., Morwell H.

Kentucky Blue (c Rancho Ruler) 3 wins-1 at 2-from 1100m to 2050m, MVRC Qantas H., 2d VATC Liberal H., 3d VATC Sandown Guineas, Gr.2.

Pray in Vain (g Kenvain) 10 wins from 1200m to 1600m, A$212,290, MRC Woorak H., MVRC Jack's Satay Bar H., 3d SAJC Port Adelaide Guineas, L.

Amen Ruby (f Rubiton) Winner at 1100m, A$82,500, VATC Shankhill Lass H., 2d VATC Quezette S., L, 4th VRC Bloodhorse Breeders' S., Gr.3.

BREEDING RECORD

2021 not served in 2020

2020 11/09 gr-b filly 29/09/2019 Frosted (USA) Our Filly

BROODMARE SIRE

TURFFONTEIN (AUS) (2004). 5 wins-1 at 2, MVRC William Reid S., Gr.1.

Sire of 279 rnrs, 167 wnrs, inc. SW Fontiton (MRC Blue Diamond Prelude (f), Gr.2), Fontein Ruby, Widgee Turf, Lyuba, Bold Thruster, Mandela Effect, Khoekhoe, SP First Accused, Crown Fontein, Turfane and of Messignadi, Alinjer, Meet Mr Taylor, etc.

Sire of the Dams of SW Parure, Generation, SP Pinkham and of Crown War, Cardinal Gem, Vinnie's Girl, Steamboat Rock, Tariro, etc.

PEDIGREE EVALUATION

FROSTED (USA) - THE SIRE - A SON OF TAPIT by PULPIT

FROSTED (by TAPIT)

WAS MATED OVER

KITE HARAKA - THE DAM -
A DAUGHTER OF TURFFONTEIN (by Johannesburg)

KITE HARAKA

TURFFONTEIN

Which Created Our GREY-BAY FILLY

FROSTED (USA) / KITE HARAKA

Our FILLY is bred on what is described as the PROVEN:

TAPIT / STORM CAT cross which has produced
43 Stakes Winners inc 11 Gr1 Winners

The 2 x 2 TAPIT / JOHANNESBURG Cross has produced

2 STAKES WINNERS

SAVEIRA 2018 Filly CONSTITUTION ex SCAT MAMI (SCAT DADDY)

SILVERTONI 2014 Filly TAPIT ex SOMASACH (JOHANNESBURG)

8 Stakes Placegetters

Gr1 Placed REFLECT (f),

Gr3 Placed EASY SHOT, LEBLANC,

LR Placed   SHE'S ALL SKEET (f), AMANSA GUAPO, TA (f), EDK MISS UNIVERSE (f), MR. GAO

Whilst TAPIT over STORM CAT line Mares (daughters of Storm Cat and his sons) has produced 43 Stakes Winners including 11 Group 1 Winners !

Pedigree Analysis

The record-breaking champion sire of 2014, 2015, and 2016. With his best-bred horses still to run, he has already sired a champion 2-year-old colt, a champion 2-year-old filly, a champion 3-year-old filly, and three Belmont Stakes (G1) winners.

Tapit has enjoyed remarkable success with mares carrying Storm Cat, who appears in 26 of his stakes winners – including 6 Group 1 winners.

This includes 2 Stakes Winners from daughters of Johannesburg (by Hennessy by Storm Cat) – the same way our filly is bred.

PEDIGREE RATING SCORE :

When certain crosses are on fire, they seem to work almost everytime the mating is replicated.

This cross is one that is continuing to prove its affinity for success

WERK RATING Score: A 376%

GEONICK Australia Score: A++ 1SW = LOVE TAP

Range Description = "EXCELLENT"

Runners     36

Winners   23    (60%)

Stakes Winners           2

Earnings                         $1,279,000 + USD

Ave Win Distance        1200m

FILLIES on the CROSS

Runners                              20

Winners                              12    (60%)

Stakes Winners    2

Stakes Placed                    4

Ave Winning Distance 1,180m

TAPIT over JOHANNESBURG Stakes Winners Matrix

PEDIGREE NOTES – It’s all in the genes !

On our ratings they have scaled this mating as a MAXIMUM performance indicator.

Also this has been rated a “A++” class mating with an opportunity that this mating can produce an above average racehorse when compared to the total number of horses produced by the sire to date.

This is classed as a “EXCELLENT” chance to produce an exceptional performer that may reach Black Type level.

This analysis is based upon Stakes Winners from around the world that have similar pedigree construction to the way the horse we have purchased was bred.

Based on the concept of "Dig for Gold where Gold has been found before", it makes sense that any sensible business philosophy should look to purchase yearlings where there has been an attempt by the breeder to replicate pedigrees of High Quality Group Winners.

Any analysis must look at the entire pedigree as whole however there are key indicators in pedigrees that expose greater insight and the propensity of the mating to produce a High Quality racehorse as compared to the average population.

Similarity Chart: For TAPIT / Storm Cat

SPRINTER / MILER Genetics: 1400m - 1800m

Optimum Distance: 1600m

The Profile above shows the Age and Distance range of Stakes Winners bred with this same or closely designed breeding pattern. The larger the Red Circle, the more winners in that category.

Professional Bloodstock Consultants such as Dean Watt of Dynamic Syndications spend countless hours researching pedigrees and their genetic patterns and are aware when these same pedigree patterns have been replicated deliberately by the breeder in the hope that they may have bred a champion racehorse.

Often however the breeder has accidentally or by pure chance produced a yearling to these patterns.

This is what sets our company at the pinnacle of its field.

KNOWLEDGE & EXPERIENCE.

A PROVEN CROSS (also known as a NICK):

A NICK = SUCCESS

The GENETICS of our horse have been bred to a "PROVEN NICK"

Genetically – this horse has been bred to be a racetrack star.

When we went to the sales we were looking first and foremost for the individual.

It has to be an equine athlete.

However being aware that over 76% of Stakes Winners come from just 20% of the foal crop each year and we can identify this 20% of the foal crop as having a pedigree graded as above, so we will ONLY search for equine athletes that are based within this graded sub-group.

In an easy to understand "rule of thumb" example : there are approximately 16,000 foals born each year. On our statistical data, we identified that 20% (3,200) produce 76% of the STAKES WINNERS annually.

Therefore the opposite to the above equation is 12,800 yearlings produce just 24% of the STAKES WINNERS annually.

So, where would you rather go looking for a Stakes Winner ?

In a pool of 3,200 that produces 76% of Stakes Winners
or
in a pool of 12,800 yearlings that produces 24% of Stakes Winners.

Simply - We leave the rest for the other industry participants to consume.

Whichever set of statistical data you choose to accept and rely upon for information flow, it remains constant – Simply, on its pedigree, our horse was produced upon an exceptionally good mating with a significantly increased opportunity to produce an above average racehorse.

Since we have matched this pedigree to our individual’s excellent conformation, size, strength and athleticism, we are convinced this horse represents a wonderful opportunity for equine investment in a quality thoroughbred.

Whilst there can never be any guarantees in thoroughbred breeding or racing and this horse would be no exception to that fact, the reality is that we would always rather start with and take advantage of sets of statistics which are weighted heavily in our favour, than to purchase another horse only bred to be average in the first instance and then, having to pray for a miracle.

It’s not pure luck or an incredible set of coincidences that produces stakes class horses.

However it’s not until we do our due diligence work and we analyse the statistical data to produce these facts does the old proverbs ring true again:

"The apple doesn’t roll far from the tree"

"Keep drilling where oil has been found"

"Keep digging where you find gold"

Understanding this aspect of our industry is vital.

That’s why we have such outstanding racetrack success year after year after year.

The statistics speak for themselves.

That’s why its important to deal with a Specialist !

You can't buy experience !

With over 30 years as a Bloodstock Consultant and Syndicator on his resume, Dynamic Syndications Managing Director has no peers in his industry that come close to matching resumes.

10 Individual Group 1 Winners of
13 Group 1 races.

A Full Written Report on this pedigree is located in the Documents Section for this Syndication.

SALES NOTES

PHYSICAL INSPECTIONS

LOOK HOW SHE HAS GROWN AND CHANGED OVER 6 MONTHS !
(May to November 2021)

GROWING INTO MONEY

NOTE: Magic Millions have supplied a current market appraisal dated 17 November, as to the current value of the filly prior to the sales commencing in January.

They have valued the filly at $160,000 + GST = $176,000

Valuation is attached as an annexure to our documents and is located in the document section on this website

Our FILLY before purchase at the MAGIC MILLIONS National Weanling Sale on ~ 16/5/2021

Our FILLY after we purchased her at the MAGIC MILLIONS National Weanling Sale on ~ 21/5/2021

Our FILLY at Gooree Stud on ~ 23/6/2021

Our FILLY at Gooree Stud on ~ 23/6/2021

Our FILLY at Gooree Stud on ~ 16/9/2021

Our FILLY at Gooree Stud on ~ 17/11/2021

OUR FILLY IS BRED TO BE A SPEEDSTER TO A MILE!

Dr Tim Roberts (Veterinarian)

Dr. Tim Roberts

"She was a lovely filly and it shows that the boys really do their homework. Frosted is doing a brilliant job with his hand full of runners and Dean and Adam, knew what a good racehorse he was.
"I was able to view the X-rays in the repository and then we did an Endoscopic evaluation on the filly after purchase, and they were without issue. Low Risk x-rays and a Grade 1 VL throat.
"The boys purchased a colt by Frosted last year and it is going very well with Ciaron Maher.
"They also purchased a yearling filly this year and she was a lovely type and reports are promising.
"This Weanling filly was the only weanling at the sale we purchased, and she was right up there with the nicest we had seen. I considered she would develop into a lovely yearling and recommended they didn't leave the complex without her as she would develop into a lovely pinhook prospect if they go this way.
"Great Size, Strength and Depth of Girth and lovely action for a weanling. She’s just a cracker.”

Dean Watt (Dynamic Syndications)

Adam & Dean Watt - Dynamic Syndications

"We are unabashed fans of Tapit and have inspected all the genetically well rated Frosted’s in Australia last year and this year.
"This filly is fabulous and we had done our homework to find only 41 fillies by the sire were born in this third crop and when we did their pedigrees, we found she had the strongest pedigree page and most importantly to us, she was bred on the same cross as our gallant grey LOVE TAP.
"She looks a real speedy type - a true 1400m-1600m conformation and with the class of Tapit pulsing through who was at his best with 1600m - 2000m progeny, we know she’ll train on to be a nice miler as a 3yo.
"This Filly looks really tough and we felt she was an absolute must have to give to Ciaron Maher to aim at all those VOBIS bonuses."

The following information was recorded about this yearling after several physical inspections at the Sales Complex.

3YO SPEED TYPE - WELL CONFORMED -
STRONG - POWERFUL HINDQUARTER -
GOOD CONSTITUTION - EXCELLENT ACTION -
ATHLETIC - POWERFUL HINDQUARTER -
CLEAN X-RAYS & ENDOSCOPE

This weanling fully passed inspection by Veterinarian

Dr. TIM ROBERTS in all categories:

* Physical Inspection (Conformation, Size, Strength, Scope & Health)
* Stethoscope evaluation
* X-Ray inspection
* Endoscopic inspection

The Weanling was considered "ATHLETIC & CORRECT" and passed as a suitable candidate.

OUR SALE NOTES:

Below was the commentary report Dean Watt wrote about the yearling during three (3) pre-sale selection criteria inspections prior to the lot being offered for sale.

Commentary in brackets has been added in for description purpose only, so non-horse industry participants may have a better understanding of Dean’s sales notes. The notes are:

* Good width of jaw and corresponds with big Nostrils (for windflow capacity access)
* Excellent - Deep girth (Lung capacity)
* Powerful hindquarter with excellent length of to its croup and excellent hip:hock ratio (propulsion levers for driving forward)
* Well-developed Gaskins (like Human biceps = strength) which are strong and deep into hocks
* Hoofs are well structured and all 4 are symmetrical with good heels.
* Intelligent Head - Wide Forehead - Soft Kind Eye
* Has a strong rein (neck & distance from Poll to Withers)
* Strong well-defined top line (back) with the withers set well back
* A top walker – purposeful, balanced, with fluid motion.
* Stands over good ground (length to back in correct proportion to balance of individual)
* Importantly this yearling Tracks Truly and has a Very Good Overstep (Propulsion)
* Nice style of individual by the sire with great V8 motor (hindquarter = propulsion)

A) Front View B) Forequarter Profile C) Hindquarter Profile

Above are 3 diagrams which show the correct angulation and conformation
structures of yearlings desired for racing

This Yearling met the above criteria and was considered a
SUPERB chance of racetrack success!

SELECTION PROCESS

Q) So - Why did we buy this filly as a weanling?

A) That's easy to answer!

Pedigree:

Commencing weeks prior to attending the sale complex:

When researching which lots to inspect in the weeks prior to the sale, we look for certain genetic factors that increase the chance of the yearling being a superior athlete.

This pedigree had certain ancestor duplications which we are seeking, to give what we consider, a balanced blend of speed and endurance.

Conformation:

Saleyard notes on this horse were:

3YO TYPE - WELL CONFORMED -
ATHLETIC - STRONG - GOOD CONSTITUTION -
EXCELLENT ACTION - POWERFUL HINDQUARTER -
CLEAN X-RAYS & SCOPE

Veterinarian:

Dr Tim Roberts - Contracted Veterinarian to Dynamic Syndications

Our veterinarian Dr Tim Roberts inspected the weanling's X-Rays and Videoscope and believed this youngster to be a quality individual and a chance of being a successful equine athlete with no visual clinical issues likely to prevent it from reaching its racing potential.

Before purchase, the 42 X-Rays deposited in the sale ground X-Ray Repository facility were examined. There were no abnormal findings noted. They were grades as Low Risk.

The horse was approved by Dr. Roberts for Dynamic Syndications to purchase in the salering.

After purchase, an endoscopic test on the horse's airway was performed and the result was the horse had normal function.

Also, a blood test was performed and revealed no abnormal findings.

Fair Market Value:

Considering this superb genetic pedigree, the commercial value of the sire, excellent athletic conformation and overall size, strength and scope, we rated this yearling as a "HIGHLY DESIRABLE CANDIDATE" purchase.

Dean Watt as a licensed Commercial Agent and a longstanding earstwhile Member of the Bloodstock Agents Federation of Australia, is approved to offer Market Appraisals as to the Commercial Valuation of thoroughbreds.

Dean Watt evaluates each weanling that passes its Veterinary Inspection as to the maximum Commercial Value after taking in such factors as:

* The Individual's Conformation
* Sales of Progeny with Similar Commercial Pedigrees by the Sire
* The Sire’s Service Fee both current and at date of Conception
* Sales of other progeny from the 1st & 2nd Dams in pedigree
based upon the Service Fee value of the sire of that mating.
* Any Sale recorded of the Dam herself.
* Racetrack Appraisal of the immediate family (Siblings / Dam).
* Working horses in the immediate family (Likelihood of the family
improving commercially by producing a Stakes Winner in the near future)
* Historical Sale Average of the Actual Sale being Conducted.
* Current Economic & Political environment.

A specific formula is applied to each of these variables and a figure is determined. This is our Ceiling Price. The price we are prepared to pay up to in a bidding war in the Salering. The maximum price we set at which we will withdraw from the heat of battle.

We set a strict ceiling price on all the horses that pass Veterinarian Inspection and write that figure on the Catalogue Page of each lot that passes to ensure that we do not make bidding errors during the auction.

Having completed all our Due Diligence reviews based upon Pedigree, Conformation, Veterinary Acceptance and Market Appraisal, we are always prepared to bid up to our limit to secure what we considered is an outstanding individual.

Valuation Price:

Considering his outstanding conformation and the strength and depth of the female family and the pedigree genetics scoring “A” this individual was secured at a price representing terrific value to the team at Dynamic.

We had valued the weanling at that time at $120,000

To secure this fantastic individual for $100,000 + GST was a 16.6% ($20,000) discount to our market appraisal of the true commercial value and this represented exceptional value that we now can pass onto our owners.

On 17 November 2021 MAGIC MILLIONS did a MARKET APPRAISAL on the FILLY prior to the commencement of the Yearling Sales in January.
They have valued the Filly at $160,000 + GST = $176,000

A Pictorial Guide To Equine Conformation:

This diagram is offered to give clients an understanding of conformational defects that many horses possess.
It is part of our Due Diligence to reject horses with defects that are likely to increase the risk of injury or break down.

VETERINARY INSPECTIONS & INSURANCE

Dean Watt with: Dr. Tim Roberts (Our Vet) & Richard Logan (Logans Insurance)

“Our Due Diligence Is Your Quality Assurance”

VETERINARY REPORT:

This yearling has passed a complex physical veterinary inspection by our
Contracted Veterinarian - Dr. TIM ROBERTS.

Dr. Tim Roberts - An integral part of Team Dynamic

Dynamic Syndications have had a long and close working relationship with

Dr. TIM ROBERTS of CENTENNIAL PARK VETERINARY PRACTICE.

Tim and Dean have developed an understanding, good working relationship and friendship.

Tim is a vital member of Team Dynamic

Tim and Dean have a Simple but Golden Rule -

"If In Doubt - Rule It Out."

We take a ZERO TOLERANCE policy on X-RAY issues.

X-RAYS being inspected in the X-Ray Repository at the Sales

We are looking for thoroughbreds with athleticism, size, strength and scope to grow into quality equine athletes.

Tim has been advising (& educating) Dean on conformation evaluation, with attention to structural defects likely to increase the risk of breakdown.

Dr. Tim Roberts is instrumental to our foundation Runners:Winners Ratio of 82.5% - which has now improved to over 90% and Runners: Prizemoney Earners over 96%.

Veterinarian Dr. TIM ROBERTS - Contracted Veterinarian

It’s no surprise that Dynamic Syndications has achieved outstanding success built on sound business philosophies of our 4 pillars: Transparency, Integrity, Client Service and Racetrack Results.

For over 15 years, Dean Watt has been using the services of astute Sydney based veterinarian Dr. Tim Roberts of Centennial Park Veterinary Practice.

Dean Watt and Tim Roberts have developed an intrinsic understanding of one another’s thought patterns and processes over these years.

Tim assisted Dean develop and refine his personal equine knowledge and heighten Dean’s awareness and understanding of the bio-mechanics of horse conformation and movement.

Over the past few years, Tim has also been mentoring Adam Watt to the same knowledge base, allowing Adam to develop a sharp eye for these same bio-mechanical conformation and movement factors. This has ensured the Team at Dynamic have the necessary succession plans in place and the vital skills demanded in such a complex working environment.

Tim is also acutely aware of Dean and Adam’s unwavering importance placed upon critical analysis of every horse. A strict policy is implemented of never allowing any horse which is not the “Best of the Best” to survive the saleyard selection culling process.

Dean, Tim & Adam watching a yearlings walking action

Both Tim and Dean have an excellent working relationship which has resulted in their high volume of winners.

By working so closely together, this formed the basis for Dynamic Syndications foundation Runners : Winners Ratio of 82.5% which has continued to grow and as at MARCH 2019 sits at 93.1%.

Dr. Roberts understands the significance for Dynamic Syndications to at all times protect our Owners interests and at all times to protect our “hard won business reputation as leading racehorse syndicators,” by allowing Team Dynamic to only purchase “The Best of the Best”.

Sound, Athletic horses with “No Significant Findings” (low risk) noted on any of the 42 X-rays available for inspection in the saleyard repository and further, each horse must then pass as “Clean” on Endoscopic evaluation.

Also as a stated business practice and as it appears in our PDS, we ensure each yearling we purchase is blood tested as it leaves the salering, to ascertain that under the Australian Rules of Racing, there is no prohibited substances present.

By being extremely focused on this area of veterinary inspections at the yearling sale, our due diligence results in Dynamic Syndications Owners being offered the maximum opportunity to achieve racetrack success.

It’s Really Simple: Dr. Tim Roberts ensures we only buy Athletic, Strong, Well Grown and Sound Thoroughbreds which he has Passed Clean on X-ray, Endoscopic Evaluation and Blood Testing.

It’s not rocket science or magic – its attention to detail.

Yearling Inspection in progress with Tim Roberts

Dr. Roberts, having been a racing surgeon for many years in South Africa, developed a keener understanding of the relationship between form and function.

That is: “What conformational defects increase the likelihood of a breakdown injury and what conformational defects have little impact?”

However, the one issue that is never questioned is X-rays. Dr. Roberts has continued to stress the importance of X-rays upon Team Dynamic for more than 15 years.

Dynamic Syndications understands and embraces Dr. Roberts Golden Rule: “IF IN DOUBT – RULE IT OUT”.

X-ray issues are never good. They usually require surgery to address the issue (if that is possible) but most certainly, it multiplies the risk of breakdown significantly and / or time lost from racetrack training through recuperation.

You would never buy a house without getting a building and pest report done – so why would you ever buy a horse without obtaining an X-ray report and the other reports available?

We are guided by a philosophy that Racehorse Trainer’s can break down 100% sound horses – so they certainly don’t need to start off with a problem !

As humans, we are not blessed with X-ray vision, so without the assistance of an experienced veterinarian reading the X-rays, buyers of horses who do not get the X-rays checked are playing Russian roulette.

Sadly we see at every sale – Horses with significant X-ray issues that are considered High Risk, are purchased, often for large sums, with little chance of being a racing prospect as the skeletal structures simply won’t be able to stand up to the rigours of training.

We have identified over the years that 8% (1 in 12.5 or 8 in every 100) of the horses we like on physical inspection, fail their X-ray inspections. That risk is far too high.

If there were no abnormalities present on X-ray (i.e. low risk), then Dr. Roberts will pass that yearling and it is approved for purchase.

Should we be successful and buy the horse in the Salering, each yearling is allowed to be examined immediately by endoscopic evaluation, to check its throat function and wind flow. Horses found with any significant issues here, the sale rules allow the buyer to cancel the sale. The same process with blood testing – any prohibited substances and the sale may be cancelled by the purchaser.

Dynamic Syndications as part of our Due Diligence reporting and Quality Assurance, will always supply a copy of our Veterinary Certificate for each horse on the webpage. We also attach this report as an annexure to our Product Disclosure Statement.

During the racing career of the horse, should any training or racing issues develop with the horse, we use Dr. Roberts as our independent consulting veterinarian, to act in conjunction with the stables own veterinarians, as Dynamic Syndications own expert.

Tim is on call for Team Dynamic should ever any need arise.

THE PROCESS:

* All yearlings that Dean identifies as possible purchases MUST pass a detailed physical examination by Dr ROBERTS.

* We re-inspect our selections with Dr. ROBERTS to discuss each horse on its merits.

* If a yearling passes this physical examination then at that point, Dr ROBERTS is engaged to:
   (1) Review the Video Endoscopic Evaluation in the repository - if that is acceptable then -
   (2) Inspect a full set of 42 x-rays held in the sale repository.

* If the yearling passes these inspections, which is only done by the fact that there were no abnormalities present of any significance (low risk) on any of the x-ray films, and the videoscope was considered Grade 1 = no issue, then the yearling is approved by Dr. ROBERTS to Dynamic for purchase.

* After being purchased, each yearling is allowed to then be examined at the sale by an endoscope to check its throat function and windflow capabilities. Even if we have checked the videoscope in the first instance, we still check post-sale to ensure no issues have developed in the interim.

* After being purchased, each yearling is also "blood tested" to ensure that there was no "prohibited substances present" as defined under the Australian Rules of Racing.

Photo of the endoscopic evaluation showing correct working of the upper airway.

* We advise Dr. ROBERTS of our salering successful purchases and he will then review the scoping on our behalf. If a horse is found to have an issue, the sale is void and the horse is returned immediately to the vendor.

* Then Dr. ROBERTS at the end of each sale, writes a Veterinary Certificate for inclusion with our Product Disclosure Statement for submission to Racing NSW or Racing Victoria as ASIC Lead Regulators, prior to the horse being allowed to be promoted to the public.

This confirms:

* Time, Date and Place of Inspection
* Confirmation that the horse has passed Physical Inspection
* Confirmation that the horse has passed Stethoscope Evaluation
* Confirmation that the horse has passed X-ray Inspections
* Confirmation that the horse has passed Endoscopic Evaluation
* Confirmation that the horse was recommended by Dr ROBERTS as a suitable candidate
   for both purchase and for insurance
* Disclaimer ensuring clients are aware there is no potential for conflict of interests that
   Dr ROBERTS has no financial involvement with the horse, the promotion of the horse
   or with the Dynamic Syndications business.

The Veterinary Certificate is located in the Documents Section of this promotion

HORSE INSURANCE:

LOGAN LIVESTOCK INSURANCE AGENCY P/L

" LOGANS "

Dynamic Syndications have been able to structure a specific policy for Dynamic Syndication clients through LOGAN LIVESTOCK INSURANCE AGENCY PTY LTD (‘Logans’)

We are able to include insurance from the Fall of Hammer to 1st November the year of purchase.

Further this premium is pro-rata to the expiry date thus ensuring our clients have access to a reduced insurance premium as well as access to our commercial buyers discounted premium based on both volume and over 30 years of dealings.

Our policy is unique to Dynamic Syndications and includes:

Mortality due to: Accident, Sickness or Disease
Theft
Emergency Surgery (inc Colic) cover to $10,000
Disability / Impairment guarantee
Professional Indemnity cover.

Please Note: Dynamic Syndications are independent of Logans and the insurance provider has no financial interest in any promotion.

For details specific details about insurance most information can be found on their website. www.logans.com.au

RICHARD LOGAN - Managing Director

ABOUT LOGANS:

Logan Livestock Insurance Agency Pty Ltd is an independent insurance broker specialising in Equine Insurance.

It is a family-owned company which has been arranging insurance and negotiating claim payments for a wide selection of clients for over 45 years.

Logans are foundation members of the National Insurance Brokers Association of Australia and are registered under Australian Financial Services License Number 238959.

BOB LOGAN - Founder

Bob Logan commenced in insurance in the early 1960's and together with his wife Lorraine Logan founded Logans in 1965 which is now recognised around the world as a leader in the specialist equine insurance market.

BOB & RICHARD LOGAN

Their son, Richard Logan joined the company in 1984.

Richard is a fellow of the Australia & New Zealand Institute of Insurance and Finance and the National Insurance Brokers Association of Australia.

Richard is now the Managing Director of Logans following the sudden death of Bob at the Easter Broodmares Sales in 2007.

This was a tragic loss to his countless number of friends, clients and the horse industry overall.

Quality, practicality, experience and teamwork are of paramount importance in today's highly competitive market. This criteria, plus 24-hour personal service, forms the basis of the business philosophy they offer to Dynamic Syndications and our clients.

Logans have developed unique market strengths in the horse industry and are respected worldwide for their depth of knowledge and expertise.

At Dynamic Syndications we look for hands-on experience, easy contact and if needed, support in difficult situations. They have a detailed understanding of the risks we face and we take their advice as to the most efficient way to manage these risks.

As a consequence Logans take great care in understanding Dynamic Syndications requirements and worked with us to develop various policies that suits our needs.

Richard Logan and Dean Watt have been working closely together since 1984. Logans have assisted us with several claims during this period and we are delighted with the service and the quick payout periods.

A specific example was when Dynamic Syndications Dual Gr1 Winner HE’S NO PIE EATER was tragically destroyed after a training mishap at Randwick; the horse was insured with Logans for $5 million. This payout claim was an Australian record for any horse in training. Logans paid out the claim within 7 days of the lodgement of the claim.

At Dynamic, our clients gain the benefit of over 30 years of our dealings with Logans together with the one insurance provider and the obvious advantages this association carries.

The Insurance Memorandum is located in the Documents Section of this promotion

Richard Logan is our man and equine insurance is all they do.

LOGANS are experts –
that's why we deal with them !

THE PRICE:

ALL INCLUSIVE to 30 JUNE 2022

$23,776 (inc GST) per 10% Share

$11,888 (inc GST) per 5% Share

$5,944 (inc GST) per 2.5%* Share
(*conditions apply)

PRICING STRUCTURE

Per 10% share, 5% share and 2.5% share:

Once Registered, from 30 June 2022 owners pay their pro-rata portion of the accounts incurred, monthly in arrears.

For a horse trained by CIARON MAHER RACING we recommend clients budget

$305 per month ($10.00 per day / $3,650 per annum) for a 5% share.

See FAQ Section of this website for further detailed explanation.

What's included in the price ?

Everything Below !

Purchase Price

GST

Full Insurance at Syndicated Value of $237,760 until 1/11/22 covering:

*Mortality - Accident Sickness & Disease
*Theft
*Emergency Surgery Cover
*Disability / Impairment Guarantee
*Statutory Professional Indemnity Cover

Pre-Paid First Entry Fees for the (refer to the PDS for specific eligibility):

William Inglis Race Series or Magic Millions Race Series (if eligible)
(* dependent upon from which auction sale company the yearling was purchased)

BOBS 2yo & 3yo Series (* if by a BOBS eligible Sire based in NSW)

BOBS Extra 4yo+ Series (* if by a BOBS eligible Sire based in NSW) (*if bred to run beyond 2000m)

Super VOBIS / VOBIS GOLD (*if eligible or by a Victorian based Sire)

QTIS (* if eligible or by a Queensland based Sire)

Golden Slipper

Golden Rose

Blue Sapphire

Blue Diamond

Horse Husbandry Costs including:

Pre-Purchase Veterinary Inspection Expenses

Transport home from the saleyard

Spelling Paddock - Agistment Costs

5-6 weeks Breaking-In & Education

Second Re-Education & Refresh Session

Track Fees

Farriers

Veterinary Costs

Dentists

Racing NSW Registration Costs

Promotion Costs

Auditors Fees & Legal Expenses

+ All Other Miscellaneous Costs.

A very detailed “Full Disclosure and Analysis” of every expenditure incurred is available.

It is attached as Annexure H to the Product Disclosure Statement (PDS).

That document is located in the Documents Section (Tab 2) of this Promotions webpages.

Dynamic Syndications Syndicate Structure:

20 Share Syndicate

Dynamic Syndications Owners Will Receive:

All Dynamic Syndications owners who purchase a 5% share under the
Australian Rules of Racing shall now be entitled to receive:

Full Race Day Owner's Privileges

These include (subject to the individual race club's own policy):

On a 5% Share Basis (Double per 10% Share)

* Free racecourse entry for the owner named in the book,
* 1 x Members Stand ticket per 5% share,
* 1 x Racebook,
* 1 x Mounting Enclosure entry to speak with your trainer and jockey pre and post race.
* Privileged Entry to the Owner's Room post race for replay reviews and refreshments.
* Winning owner's have our own private celebration rooms, etc.

Dynamic will always attempt to assist every owner wherever possible to obtain additional ticketing where circumstances allow.

Dynamic Syndications throughout the racing career of the horse, attend to all Management and Administration Duties on behalf of All Owners.

This involves:

* The initial registration of the horse with Racing NSW,
* Maintaining the Trust Account & Annual Audit of the Horse Accounts,
* Any future transfers or ownership registrations with RISA,
* Minimum – a weekly update about your horse sent to each owner,
* Minimum – five (5) updates a week when the horse competes in races,
* Arrangement of Stable Visits by appointment,
* Raceday meet and greets,
* Representation of owners on raceday and in any post race Stewards Inquiries (when required)
* Organisation of additional ticketing requirements (whenever & wherever possible)
* Ongoing racing management, including race programming,
* Organisation of horse transport to and from Spelling and Pre-Training and in and out of trainers stables,
* Maintaining the Administration & Management of the co-owners horse as per the specified details in the Racing Syndicate Deed,
* Supply of weekly "stable mail" direct to your own website mailbox.
* For owners to constantly get successful racetrack results, it is very important to be associated with the True Market Leaders

Our results are without peer !

83.9% RUNNERS : WINNERS

97.7% RUNNERS : EARNERS

Always seriously consider the track record of anyone with whom you contemplate entrusting your equine investment dollars !

We recommend to all potential owners to only use

Fully Licensed Professional Syndicators with a Readily Identifiable and Demonstrated Track Record of Constant & Multiple Group 1 Success !

A companies resume speaks for itself !

Dynamic Syndications resume of success is without peer !

* Australia’s Highest Profile Syndicators +

* Market Leading Syndicators +

* Only The Highest Quality Thoroughbreds +

* Only Leading Trainers +

* Only Leading Jockeys =

* Dynamic Results !!!

OUR BUSINESS SUCCESS HAS BEEN BUILT UPON 4 PILLARS:

TRANSPARENCY,

INTEGRITY,

CLIENT SERVICE &

RACETRACK RESULTS

Your invited to
"LIVE THE DREAM & JOIN OUR TEAM"

LUKE NOLEN knows the Dynamic WINNING FEELING !

HUGH BOWMAN know the Dynamic WINNING FEELING !

TOMMY BERRY knows the Dynamic WINNING FEELING !

TIM CLARK knows the Dynamic WINNING FEELING

NASH RAWILLER experiences the Dynamic WINNING FEELING too !

Another Dynamic Syndications WINNING TEAM !

Dynamic Syndications is the holder of
Australian Financial Services Licence No 336808

IF YOU WISH TO FIND OUT MORE JUST CALL OUR OFFICE FOR A CHAT

Contact ADAM WATT

on (02) 9540 1511 during office hours

or 0409 464 378