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Showing 511 - 520 of 2164 results for "Plus"

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... benefit. The new product, called the lifePLUS Protect, will charge members an insurance fee of $1.50 per month (or $18 a year) plus the cost of the cover. "The cost of your cover will be based on your level of cover and current age...For Death and TPD ...

SEC charges COVID-19 microcap scammers

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... securities laws, and is seeking "permanent injunctions, conduct based injunctions, disgorgement of allegedly ill-gotten gains plus interest, civil penalties, and penny stock bars".

Zenith defends LICs/LITs

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... investment strategy will continue to be the material driver of returns over the longer-term and, if investors have a five-year plus holding period, the structure they have invested via should be no reason to change that view," he said. Such a decision ...

Industry funds continue risk-adjusted domination

HARRISON WORLEY  |  FRIDAY, 12 JUN 2020
... that, it was an industry fund whitewash, with Prime Super, First State Super, BUSSQ, Media Super, AustralianSuper, Cbus, Club Plus and NGS Super taking the remaining eight spots in the top 10. The sector dominated most of the report, with nine of the ...

UBS Australia launches new CBRE fund

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... estate. The fees are 1.2% per year in base fee and a performance fee of 20% on the performance above a hurdle of RBA cash rate plus 5% after fees. The fund will be priced daily but have monthly application/redemption windows. At the moment, UBS is marketing ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
ASIC has trumped the Commonwealth Bank for failures in its AgriAdvantage Plus Package, with the Federal Court of Australia ordering the bank to cough up a $5 million penalty. On Friday, the Court found that the bank had breached the ASIC Act and Corporations ...

BlackRock drops fees on bond ETFs

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
... period. BlackRock recently added two new ETFs to its fixed income lineup, taking the total to eight funds. The iShares Yield Plus ETF (IYLD) tracks a customised Bloomberg index that measures the performance of the Australian corporate bond market after ...

Global manager shuts fund

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
... Investment Managers has decided to close a $109 million fund as its largest investor pulls out. The AXA IM Global Dynamic Equity Plus fund invested in global equities and was 3.06% under its benchmark MSCI World Index ($A, unhedged) after fees for the ...

Charter Hall extends JV, makes acquisition

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
... includes the ALDI distribution centres, which were designed and built by ALDI and sold with seven-year lease back initial terms plus multiple seven-year options. The four asset portfolio comprises Sydney logistics facilities located in Minchinbury and ...

Zurich pledges to COVID-19 support

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... Zurich said the funding is on top of the around $2.28 million, which is donated annually to its "hero" community programs, plus an additional $1 million donated by its foundation to various charities in the wake of the Australian bushfires earlier this ...