Issue:
January 2012
Welcome to the January edition of 2020's Investor Intelligence newsletter.
Happy New Year! For our first newsletter we look to the year ahead with Michael Lannon and Russell Investment's outlook for 2012. Michael also explains why you may wish to consider fixed interest investments as a defensive investment option for your portfolio.
| MARKET UPDATE |
A relatively quiet month for the Australian share market
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December was a relatively quiet month in the Australian share market. Trading volumes were relatively low, particularly leading into the Christmas and new year holiday period. In the month as a whole the S&P/ASX 200 Accumulation Index closed 1.35% lower, extending its decline in 2011 to more than 10%.
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INVESTMENT FEATURE
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Defensive option for your investment portfolio
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Many Australian investors have overlooked the bond market or fixed interest as a good defensive option because it is difficult for investors to access government bonds or corporate bonds directly. Professionally managed bond funds or fixed interest funds allow investors to access this asset class with professional management.
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| MICHAEL'S COMMENTARY |
2012 - The Year Ahead
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For many investors 2011 was challenging to put it mildly. In 2011 growth assets (shares and property) performed poorly whilst defensive assets (cash and fixed interest) produced positive result with fixed interest the clear standout winner. Personally, I believe that 2012 will present investors with two very different halves.
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| INVESTOR EDUCATION |
Russell Investment's 2012 Global Outlook
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Russell Investment provides a global outlook for 2012. In a low-return environment, every basis point counts. Corporate earnings, particularly by U.S. companies, are set to slow after two years of outsized gains. Even so, modest profit growth will likely balance the scales on the positive side.
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| Fund Bites |
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Macquarie
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New Macquarie SuperOptions Supplementary Product Disclosure Statement (SPDS), effective 19 December 2011. |
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Equity Trustees (EQT)
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New EQT Flagship Fund Supplementary Product Disclosure Statement (SPDS), effective 9 December 2011. |
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Tyndall |
New Tyndall Australian Equities Funds Product Disclosure Statements (PDSs), effective 12 December 2011. |
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| Standard & Poor's re-rated funds |
| Hunter Hall Australian Value Trust |
On Hold |
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| Hunter Hall Global Ethical Trust |
On Hold |
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| Hunter Hall Global Deep Green Trust |
On Hold |
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RATINGS PROVIDED BY:
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Find out what the star ratings mean
See all recently re-rated Managed Funds
See all recently re-rated Super Funds
See all recently re-rated Pension Funds |
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