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Hello Entrust Member,
In this edition we review a good month in markets following an uneventful reporting season, look at how you can generate negative returns on cash and
consider the benefits of utilising the current superannuation contribution rules to improve after tax returns and future flexibility.
Advisor
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Let’s get real?
Many retirees are in a particularly difficult position as interest rates have fallen to historically low levels
but they remain cautious about the possibility of losing capital in other asset classes.
However many fail to realise that they may in fact be losing capital by holding cash at current rates.
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Index / Indicator |
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AUSTRALIAN EQUITIES |
31/03/2017 |
Change 1 Month |
Change 12 Months |
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ASX200 Accum |
56,652.87 |
3.32% |
20.49% |
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ASX200 Resources Accum |
20,059.12 |
0.66% |
40.54% |
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ASX200 Industrials Accum |
117,341.53 |
3.84% |
17.45% |
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INTERNATIONAL EQUITIES |
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MSCI World Index |
1,853.69 |
0.82% |
12.47% |
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S&P500 (USA) |
2,362.72 |
-0.04% |
14.71% |
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FTSE 100 (UK) |
7,322.92 |
0.82% |
18.59% |
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Nikkei 225 (Japan) |
18,909.26 |
-1.10% |
12.83% |
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Shanghai Composite (China) |
3,222.51 |
-0.59% |
7.28% |
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CURRENCY |
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A-Dollar / US-Dollar |
$0.7630 |
-0.35% |
-0.36% |
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Trade Weighted Index |
66.3 |
-0.75% |
3.59% |
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FIXED INTEREST |
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Aust 90 Day Bank Bills |
1.80% |
2bps |
-48bps |
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Aust 10 Year Govt Bonds |
2.69% |
-4bps |
20bps |
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US 10 Year Govt Bonds |
2.38% |
-4bps |
61bps |
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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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