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Hello Entrust Member,
In this month’s edition we review the mixed results in markets, consider how much is enough in order to start thinking about a SMSF and consider what elements go into defining the right asset mix for a portfolio.
Advisor
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How much is enough?
A common question asked by those considering a Self Managed Super Fund (SMSF) is “..how much do I need?” This is typically dependent on the structure, complexity and level of personal involvement they want to have in operating the fund.
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Index / Indicator |
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AUSTRALIAN EQUITIES |
30/09/2017 |
Change 1 Month |
Change 12 Months |
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ASX200 Accum |
56,137.99 |
-0.02% |
9.25% |
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ASX200 Resources Accum |
21,370.10 |
-1.39% |
18.46% |
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ASX200 Industrials Accum |
114,613.34 |
0.27% |
7.53% |
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INTERNATIONAL EQUITIES |
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MSCI World Index |
2,000.55 |
2.08% |
15.93% |
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S&P500 (USA) |
2,519.36 |
1.93% |
16.19% |
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FTSE 100 (UK) |
7,372.76 |
-0.78% |
6.86% |
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Nikkei 225 (Japan) |
20,356.28 |
3.61% |
23.75% |
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Shanghai Composite (China) |
3,348.94 |
-0.35% |
11.46% |
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CURRENCY |
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A-Dollar / US-Dollar |
$0.7835 |
-1.39% |
2.30% |
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Trade Weighted Index |
66.1 |
-0.30% |
3.44% |
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FIXED INTEREST |
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Aust 90 Day Bank Bills |
1.71% |
-1bps |
-3bps |
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Aust 10 Year Govt Bonds |
2.84% |
12bps |
93bps |
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US 10 Year Govt Bonds |
2.33% |
21bps |
74bps |
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ENTRUST PRIVATE WEALTH MANAGEMENT
Level 18 Alluvion 58 Mounts Bay Road
Perth Western Australia 6000
PO Box Z5034 Perth Western Australia 6831
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Telephone (08) 9476 3900
Facsimile (08) 9321 6333
info@entrustpwm.com.au
www.entrustpwm.com.au
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This publication has been compiled by Entrust Private Wealth Management ABN 80 100 088 168 AFSL 222152 (Entrust). This publication is current as at time of preparation. Past performance is not a reliable indicator of future performance. Any outlooks in this publication are predictive in character. Whilst every effort has been taken to ensure that the assumptions on which the outlooks given in this publication are based are reasonable, the outlooks may be based on incorrect assumptions or may not take into account known or unknown risks and uncertainties. The results ultimately achieved may differ materially from our outlooks. Material contained in this publication is an overview or summary only and it should not be considered a comprehensive statement on any matter nor relied upon as such. The information and any advice in this publication do not take into account your
personal
objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. This publication may contain material provided directly by third parties and is given in good faith and has been derived from sources believed to be reliable but has not been independently verified. Entrust is not responsible for such material. To the maximum extent permitted by law: (a) no guarantee, representation or warranty is given that any information or advice in this publication is complete, accurate, up-to-date or fit for any purpose; and (b) neither Entrust, nor any member of the Entrust group of companies or its authorised representatives, is in any way liable to you (including for negligence) in respect of any reliance upon such information or advice. It is important that your personal circumstances are taken into account
before making
any financial decision and we recommend you seek detailed and specific advice from your adviser before acting on any information or advice in this publication. Any taxation position described in this publication is general and should only be used as a guide. It does not constitute tax advice and is based on current laws and our interpretation. You should consult a registered tax agent for specific tax advice on your circumstances. More information? For further information on any issue discussed in this publication, or on any financial matter, please contact your financial adviser.
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