Market Update: Positive start to the new financial year
| After falling to a 10-month low in early July, Australian shares performed relatively well in the remainder of the month. The S&P/ASX 200 Accumulation Index added 4.5% in the month as a whole.
Investor attention is now firmly on the fiscal full year earnings reporting season. Most companies with a June year end will release their annual results to the market in the next four weeks.
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Featured Fund: Australia's 20 largest and most liquid stocks
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BlackRock Index Top 20
Own a professionally managed share portfolio comprising of Australia's 20 largest and most liquid stocks - companies such as:
Rio Tinto, BHP, Woolworths, Commonwealth Bank, Wesfarmers, AMP, Foster’s & Westfield.
Unlike a managed fund, BlueChip Series is transparent and allows investors to retain beneficial ownership of all shares held.
More on the Featured Fund |
Education: Investing for children
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Investing for children or grandchildren can be complex because there are limitations on how the investments can be held.
This month's education discusses the use of investment bonds and education savings plans as investment vehicles when investing for a child or grandchild.
Read more
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Standard & Poor's re-rated funds
Latest Offers
Special offer: Compare investment bonds
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2020 offers a 100% entry fee rebate on all investment bonds. Research and compare the various investment bonds on the market:
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Fund Bites
- Challenger Socially Responsive Share Fund has been renamed the Alphinity Socially Responsible Share Fund.
- Avival Investors Personal Choice Investment Funds closed to new investors.
- Wilson HTM launches Priority Core Fund.
- New Australian Unity Healthcare Property Trust PDS issued.
- Goldman Sachs JB Were Retail Funds closed to new investors.
- ING OneAnswer to issue Supplementary PDS 16 August
- ING to be rebranded OnePath