It’s been a difficult year in super…
so it’s more important than ever to make sure every cent counts!
 There’s no doubt your super’s had a tough time of it over the past 18 months or so. And it’s during times like these, when there seems no easy way for your super to get ahead, that every cent counts.
Read more |
Super continues to stack up as a great long-term investment
Despite all that’s happened on markets, over the long term super still remains one of the best and most tax-effective ways you can save for your retirement.
Read more |
Three easy things you can do to make every cent of your super count
1. Combine all your super in one fund, 2. Take advantage of all the ways you can tip money into your super, 3. Invest for growth.
Read more |
Budget changes make getting the most out of your super more important than ever
Changes in the government’s recent budget mean it’s now more important than ever to make sure you’re doing all you can to maximise your super savings. There’s four things in particular from the budget that you should know about.
Read more |
Investment news … new manager lineup for our bonds asset class
There are now 11 managers (up from five) along with a greater mix of bond investment styles, approaches and sectors.
There are two main reasons for the change:
- To reduce the asset class’s volatility and to make its returns more consistent. A greater mix of managers and investment styles – that is, greater diversification – means poor performance from one manager, style or sector will now have less impact on the asset class’s overall return.
- We have added new sectors to the mix, with the appointment of absolute return, credit (bonds issued by companies) and government bond investment managers. While making the asset class more diversified, we also expect this to boost its return potential.
The two major changes:
1. The asset class is now invested in three new bonds sectors – absolute return, credit and government bonds
- Absolute return: We now have five absolute return bond managers managing 45% of the bonds asset class. Their goal is positive ‘absolute’ returns regardless of what is happening in the broader bond market. They invest in all types and styles of bond assets.
- Credit: We now have two credit managers managing 25% of our bonds asset class. Credit is bonds issued by companies. Our managers can only invest in ‘investment grade’ credit, which means it must be highly rated by a ratings company such as Standard and Poor’s. The higher the rating the more secure the ratings company thinks the investment is. While lower rated investments earn higher returns, there is a greater risk of losing your money.
- Government bonds: We now have one government bonds manager managing 10% of our bonds asset class. It is the most defensive (or secure) part of the bonds market and will therefore make the asset class less volatile. Our manager can only invest in government bonds with terms of five years or greater.
2. We have reduced our investment in inflation-linked bonds
- We now have two inflation-linked bond managers managing 20% of our bonds asset class, down from 50%. Most of our investment is in Australian inflation-linked bonds.
Did you know ... all our Lifecycle Strategy options are partly invested in bonds. Read our Product Disclosure Statement for more information on this.
Read our full list of investment managers.
|
|
Are you expecting a government co-contribution this year?
The Australian Taxation Office (ATO) has advised us that there could be a delay in the government making these contributions to your super due to problems with their systems.
Read more |
|
 |
| Contact Us |
 |
If you have any questions about this newsletter or your AUSCOAL Super account, you can contact us by email, phone, face-to-face or post. |
|
 |
| |
|
| In this issue |
|
|
|
| |
|
| Quick Links |
|
|
|
|
|
|
|
Want to stay in touch with your super?
|
|
Well, it’s time to sign up to our new Stay in Touch programme! ... register your email address and choose exactly what, how and when you hear from us. Easy!
|
|
|
|
|
|
Member seminars in September and October
|
|
Making the most of the ‘super’ recovery... find out when we’re visiting a location near you!
|
|
|
