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Showing 91 - 100 of 9685 results for %22Index%22

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... is shuttering after 14 years. It returned 11.6% in the year to June 2023 and aimed to beat the S&P/ASX 300 Accumulation Index. Total returns since inception stood at 7.9% as at September. The fund's responsible entity Australian Unity said it has ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... past decade," he said. Superannuation funds, in comparison, returned 9.3% on average, according to Rainmaker's MySuper Index, thanks to higher tilts in equities. APRA figures show that MySuper funds had 53% invested in equites, of which 28% was in ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... the lack of a compulsory retirement income stream being what holds it back. The latest Mercer CFA Institute Global Pension Index sees Australia placed fifth, coming in behind Netherlands, Iceland, Israel and Denmark, all of which received an A grade. ...

BlackRock unveils new gold ETF

CHLOE WALKER  |  TUESDAY, 17 OCT 2023
... GLDN reflects the fund manager's commitment to providing lower-cost investment solutions, together with a range of core index building blocks and other portfolio offerings, BlackRock Australasia head of wealth Chantal Giles said. "Gold has had a long ...

Magellan mulls converting closed-end fund

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... recorded a NAV of $1.93. Since its inception in 2020, MGF has returned 4.4% per annum, while the MSCI World Net Total Return Index achieved 10.1%. MGF shares the same upheavals with the embattled Forager Australian Shares Fund (FOR), which is at risk ...

The ugly truth: Unattractive fund managers are investment darlings

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... large firms." Notably, the study zeroed in on actively managed open-end equity funds and hybrid equity funds, excluding index funds and principal guaranteed funds from its analysis.

Best and worst ETFs of past 12 months

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... annual assets under management (AUM) growth. Some of the largest ETFs in Australia, such as the Vanguard Australian Shares Index ETF (VAS) and the Vanguard MSCI Index International Shares ETF (VGS) gained $1.9 billion and $1.7 billion in assets over ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
The National Farmer's Federation (NFF) has voiced strong opposition to the government's draft reforms on tax concessions for superannuation balances over $3 million, signalling potential ramifications for rural communities. The NFF said that ...

Global small caps outperform Aussie counterparts: SSGA

ANDREW MCKEAN  |  THURSDAY, 28 SEP 2023
... offering higher annual returns and lower volatility. The US$3.6 trillion asset manager noted that the MSCI World Small Caps Index has yielded an 8.39% annual return over the last 22 years, outperforming the Australian small caps index by 2.9%. Additionally ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
The Consumer Price Index (CPI) experienced a slight increase in the month of August, jumping to 5.2% from 4.9% in July. Data released by the Australian Bureau of Statistics (ABS) revealed that the major contributors to the price increase included housing ...