8am-6pm

Monday to
Friday

L1, 6/8 Eddy St

Moonee Ponds
VIC, 3039

Office Ph:

8am-6pm

Monday to
Friday

L1, 6/8 Eddy St

Moonee Ponds
VIC, 3039

Office Ph:

Budgets

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Acquisition of RI Melton

Acquisition of RI Melton

We are excited to announce the acquisition of RI Melton. If you are in the area feel free to join us for a coffee at 85 Unitt Street Melton. We will be retaining all the friendly staff in Julie McCallum a certified financial planner who has been advising for 25 years, Danni Lowry who has been a Paraplanner/adviser for 17 years and Kristen Baker who has been in financial services for 8 years. They bring a wealth of knowledge and experience to IG Wealth. Welcome on board ladies we look forward to working with you.

Melton: 85 Unitt St, Melton VIC 3337

Head Office: L1 8/6 Eddy St, Moonee Ponds VIC 3039

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Intergenerational Wealth – October 2018 Market Wrap

October 2018 Market Wrap

Welcome to the latest edition of our client newsletter,

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want, now and in the future.

 Wall Street bulls keep charging

  • Global shares rose 0.8% on a hedged basis with the US market driving the biggest share of returns once again. The US market continues to deliver strong earnings supported by tax cuts.
  • Strong US share market performance remained even as the trade war ramped up with President Trump broadening his imposition of new tariffs, albeit initially at below 25% on China imports.
  • The slowing pace of Chinese credit growth, US dollar value strengthening, tighter US monetary policy and ongoing trade tensions continued to weigh on emerging markets which returned -0.6% in the month.
  • Australian growth and labour force data remained strong and the ASX 300 returned -1.2%. Resources had a particularly good run in September although Financials were lower, likely related to the continued fall-out from the Banking Royal Commission.
  • The US Federal Reserve continued to respond to US macroeconomic strength with a steady program of quarterly rate hikes. The range is now 2% to 2.25% with markets expecting another rise of 25 basis points in December.
  • In China, GDP growth was steady. Policymakers are playing a difficult balancing act given the large build up in debt and are now modestly erring on the side of growth rather than restraint.

Major asset class performance (%)

Asset classes 1 month 12 months 5 years (p.a.)
Australian Shares -1.2 14.0 8.2
Global Shares (hedged) 0.8 12.9 12.6
Global Shares (unhedged) 0.6 20.8 15.3
Global Emerging Markets (unhedged) -0.6 7.6 9.1
Global Small Companies (unhedged) -1.5 19.5 15.5
Global Listed Property -2.2 2.2 5.4
Cash 0.2 1.9 2.2
Australian Fixed Income -0.4 3.7 4.3
International Fixed Income -0.4 0.9 4.6
Source: JP Morgan & ANZ Wealth, 30 September 2018.Indices: Australian Shares – S&P / ASX 300 Accumulation, Global Shares (hedged/unhedged) – MSCI World ex Australia Net, Global Emerging Markets – MSCI Emerging Markets Net in AUD (unhedged), Global Small Companies (unhedged) – MSCI World Small Cap ex Australia, Global Listed Property – FTSE EPRA/NAREIT Developed Rental Index ex Australia (hedged), Cash – Bloomberg Bank Bill, Australian Fixed Income – Bloomberg AusBond Composite 0+ Yr Index, International Fixed Income – Barclays Global Aggregate Bond Index (hedged).

Please note: Past performance is not indicative of future performance.

Currency

Exchange rates At close on 30/09 % change

1 month

% change 12 months
AUD/USD 0.72 0.5 -7.8
AUD/euro 0.62 0.4 -6.1
AUD/yen 82.1 2.9 -6.8
Trade weighted index 62.2 0.0 -6.0
Source: Bloomberg & ANZ Wealth, 30 September 2018. All foreign exchange rates are rounded to two decimal places where appropriate.

Please note: Past performance is not indicative of future performance.

All the best,

Emilio and the team at Intergenerational Wealth

Disclaimer: This information is current as at 30 September 2018 but is subject to change. This information is provided by OnePath Funds Management Limited (OFM) ABN 21 003 002 800 AFSL 238342. OFM is a wholly owned subsidiary of Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522 but is not a bank. The information is general in nature and does not take into account a potential investor’s personal needs, objectives and financial circumstances. This information is not to be construed as investment or financial product advice, and should not be relied upon as a substitute for professional advice. Before acting on this information, potential investors should consider the appropriateness of the information, having regard to their objectives, financial situation and needs. Potential investors should read the relevant Product Disclosure Statement (PDS) available at onepath.com.au and consider whether the particular product is right for them. Although all the information in this document is obtained in good faith from sources believed to be reliable no representation of warranty, express or implied is made as to its accuracy or completeness. Whilst care has been taken in preparing this material, ANZ and its related entities do not warrant or represent that the information, opinions or conclusions contained in this document (“information”) are accurate. To the extent permitted by law, ANZ and its related entities do not accept any liability from the use of the information. Past performance is not indicative of future performance. The value of investments may rise or fall and the repayment of subscribed capital is not guaranteed. RI Advice Group Pty Ltd ABN 23 001 774 125 AFSL 238429 is a wholly owned subsidiary of IOOF Ltd ABN 21 087 649 625 AFS Licence No. 230522.

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Intergenerational Wealth – September 2018 Market Wrap

September 2018 Market Wrap

Welcome to the latest edition of our client newsletter,

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want, now and in the future.

Wall Street leads shares higher

  • Global shares rose 1.5% and 4.1% in hedged and unhedged terms respectively. Developed markets remained solid, while emerging market shares remain under downward pressure.
  • Global share returns were pushed higher by strong returns to US shares. The S&P 500 rose 3% supported by strong earnings.
  • Meanwhile major bourses in Europe fell as political risks in Italy and trade war concerns dominated sentiment.
  • Trade tensions and the strong US dollar continued to weigh on emerging markets. The MSCI Emerging Markets index was flat.
  • Despite the leadership spill locally, Australian shares performed strongly with the market supported by a solid reporting season and signs that the RBA will be on hold for some time.
  • US Fed Chairman Powell indicated that considerable uncertainty is attached to the underlying economic drivers. The Fed will watch the data flow and are not necessarily set on a pre-determined tightening path. Markets expect another rate rise in September.
  • In Europe, the Bank of England voted unanimously to raise rates by 25 basis points to 0.75% as employment is at a record high and real wages are picking up.

Major asset class performance (%)

Asset classes 1 month 12 months 5 years (p.a.)
Australian Shares 1.4 15.5 8.9
Global Shares (hedged) 1.5 14.7 13.3
Global Shares (unhedged) 4.1 24.3 15.1
Global Emerging Markets (unhedged) 0.0 8.9 9.5
Global Small Companies (unhedged) 5.1 27.7 16.3
Global Listed Property 1.8 7.5 11.0
Cash 0.2 1.9 2.2
Australian Fixed Income 0.8 3.8 4.5
International Fixed Income 0.3 0.8 4.9
Source: JP Morgan & ANZ Wealth, 31 August 2018.Indices: Australian Shares – S&P / ASX 300 Accumulation, Global Shares (hedged/unhedged) – MSCI World ex Australia Net, Global Emerging Markets – MSCI Emerging Markets Net in AUD (unhedged), Global Small Companies (unhedged) – MSCI World Small Cap ex Australia, Global Listed Property – FTSE EPRA/NAREIT Developed Rental Index ex Australia (hedged), Cash – Bloomberg Bank Bill, Australian Fixed Income – Bloomberg AusBond Composite 0+ Yr Index, International Fixed Income – Barclays Global Aggregate Bond Index (hedged).

Please note: Past performance is not indicative of future performance.

Currency

Exchange rates At close on 31/8 % change

1 month

% change 12 months
AUD/USD 0.72 -3.2 -9.5
AUD/euro 0.62 -2.4 -7.1
AUD/yen 79.8 -3.9 -8.7
Trade weighted index 62.2 -2.1 -6.2
Source: Bloomberg & ANZ Wealth, 31 August 2018. All foreign exchange rates are rounded to two decimal places where appropriate.

Please note: Past performance is not indicative of future performance.

All the best,

Emilio and the team at Intergenerational Wealth

Disclaimer:

This information is current as at 31 August 2018 but is subject to change. This information is issued by OnePath Funds Management Limited (OFM) ABN 21 003 002 800 AFSL 238342. OFM is a wholly owned subsidiary of Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522 but is not a bank. The information is general in nature and does not take into account a potential investor’s personal needs, objectives and financial circumstances. This information is not to be construed as investment or financial product advice, and should not be relied upon as a substitute for professional advice. Before acting on this information, potential investors should consider the appropriateness of the information, having regard to their objectives, financial situation and needs. Potential investors should read the relevant Product Disclosure Statement (PDS) available at onepath.com.au and consider whether the particular product is right for them. Although all the information in this document is obtained in good faith from sources believed to be reliable no representation of warranty, express or implied is made as to its accuracy or completeness. Whilst care has been taken in preparing this material, ANZ and its related entities do not warrant or represent that the information, opinions or conclusions contained in this document (“information”) are accurate. To the extent permitted by law, ANZ and its related entities do not accept any liability from the use of the information. Past performance is not indicative of future performance. The value of investments may rise or fall and the repayment of subscribed capital is not guaranteed. RI Advice Group Pty Ltd ABN 23 001 774 125 AFSL 238429.

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Budget proposals & It’s a boy!

Budget proposals

Hi All,

The below link is our analysis of the recent Government budget that was announced.

As always, feel free to pass this onto family and friends. Also, if you have any questions on any of the budget proposals, feel free to contact Emilio.

2018-19 Federal Budget client briefing

 

It’s a Boy!

We would like to take this opportunity to announce the safe arrival of our Director/Senior financial planner Emilio Bangit’s first baby boy Kobe Cruz.

Born on the 18th of April weighing 6 pounds and 8 oz. Below is a photo of their bundle of joy!

 

Yours Sincerely,

Emilio and the team at Intergenerational Wealth

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Intergenerational Wealth – February 2018 Newsletter

February 2018

Welcome to the latest edition of our client newsletter.

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want, now and in the future.

In this edition we discuss managing your money when you move in together and provide you with information on what to do when you come into money and a growing family doesn’t have to blow the budget.

If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us.

In the meantime we hope you enjoy the read.

Intergenerational Wealth – February 2018 Newsletter

 

All the best,

Emilio and the team at Intergenerational Wealth

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Intergenerational Wealth – December 2017 Newsletter

December 2017

Welcome to the latest edition of our client newsletter,

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want, now and in the future.

In this edition we discuss 12 ways to enjoy summer without spending a fortune and provide you with information on one in three Aussies travel without protection and is your insurance overdue?

If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us.
In the meantime we hope you have a wonderful Christmas, and enjoy a the read.

Intergenerational Wealth – December 2017 Newsletter

All the best,

Emilio and the team at Intergenerational Wealth

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Intergenerational Wealth – November 2017 Newsletter

November 2017

Welcome to the latest edition of our client newsletter,

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want,  now and in the future.

In this edition we discuss 2017 has been kind to investors and provide you with information on Digital payment options could see you spend more this Christmas and If you’ve always thought property prices only go up…

If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us.
In the meantime we hope you enjoy the read.

Intergenerational Wealth – November 2017 Newsletter

All the best,

Emilio and the team at Intergenerational Wealth

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November 2016 Snapshot – 54.2 million worries

54.2 million worries

We are going through one of those periods where it seems there is a long list of things for investors to worry about: the US election; the Fed; ever present fears about a break of the Eurozone; and China. To be sure these risks are real and in our view some combination of them could drive a short term correction in shares, but we don’t see them derailing the longer term rising trend in shares. More fundamentally there seems to be a never ending worry list which is receiving an ever higher prominence as the information age enables the ready and rapid dissemination of news, opinion and noise. The danger is that this is making us all worse investors as we lurch from one worry to the next resulting in ever shorter investment horizons in the process. The trick is how to manage the noise to avoid this.

Key points

– The combination of a massive ramp up in financial information combined with our natural inclination to zoom in on negative news is making us worse investors: more fearful, more jittery, more short term.
– Five ways to help manage the noise and turn down the worry list are: put the latest worry list in context; recognise that shares return more than cash in the long term because they can lose money in the short term; find a process to help filter noise; make a conscious effort not to check your investments so much; look for opportunities that investor worries show up.

november-2016-snapshot-54-2-million-worries

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