Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 1519 results for "Minimum"

Blossom launches new fixed income product

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
... an "alternative investment option" to build savings for longer term financial goals. The Blossom Plus Fund has a $5000 minimum investment and offers quarterly withdrawals. Blossom co-founder and chief executive Gaby Rosenberg said the new offering is ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... shares that offer above average income returns and may also hold cash and may use derivatives, Morningstar's analysis read. Minimum investment amount was $500,000. Portfolio manager Jim Taylor has overseen the fund since its 8 January 2003 inception. ...

Fidelity launches global bond fund

CHLOE WALKER  |  WEDNESDAY, 28 FEB 2024
... geographies, currencies, sectors, and maturities to meet the funds' return and risk objectives." The fund has a suggested minimum investment period of five years and is suitable for investors with a medium tolerance for risk. The minimum initial investment ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... partner of Colonial First State's new Edge platform. Centrepoint said the offering will be competitively priced, with no minimum fee, account aggregation, and a capped fee structure. It will also feature an extensive range of managed accounts, Centrepoint ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... the licensee. Six licensees based their product approvals on availability of options within certain Choice products or a minimum external product research rating, without records of further research or consideration, ASIC noted. The regulator said it ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... in retirement, regularly drawing down more than required. The research found two in three people draw income above the minimum, finding the average draw down is 40% more than required, even excluding lump sum withdrawals. Meanwhile, 90% of men and 80% ...

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... ESG resolutions to in 2024." SIX will go live in share trading in March with a beta mode, Verwey said. There will be a minimum trade size of $500 and minimum trade cost of $9.90 and Verwey said trade costs are "in the middle" for industry standards. ...

BlackRock iShares adds to factor ETFs

JAMIE WILLIAMSON  |  MONDAY, 5 FEB 2024
... BlackRock iShares is introducing three new ETFs later this month, while also making changes to its existing iShares MSCI World Minimum Volatility ETF (WVOL). The iShares MSCI World ex Australia Momentum ETF (IMTM) will track the index of the same name ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... assumption of a steady disinflation and gradual economic slowdown, calling it insufficiently nuanced. He suggested that, at a minimum, these risks could lead to sporadic "bouts of extreme market volatility," resulting in significant shifts in market ...

ME Bank fined $820k for misleading borrowers

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... the bank sent 589 letters to home loan customers between 25 May 2018 and 3 September 2018, informing them of incorrect minimum repayment amounts to be paid after the expiry of either a fixed-rate or interest-only period. Each of the letters contained ...