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Rebate Offer
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-
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Minimum Initial Investment
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$5,000
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Expected Close Date
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Ongoing
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| Product Disclosure Statement |  Download Product Disclosure Statement (PDS) |
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The 2020 DIRECTINVEST BlueChip Series BlackRock Index Top 20 model portfolio seeks to match the income and capital growth of the S&P/ASX 20 Accumulation Index, before taking into account model fees and expenses. Managed by BlackRock Investments Australia, the model invests in a portfolio of shares comprising of Australia's 20 largest and most liquid stocks.
Blackrock Index Top 20 is a separately managed account that provides investors access to a professionally managed blue chip share portfolio of Australia's top 20 companies including Rio Tinto, BHP, Woolworths, Macquarie Group, Commonwealth Bank, Origin Energy, Woodside Petroleum, Wesfarmers, AMP, Foster’s, NAB, Telstra, Westfield and Westpac.
As a separately managed account, investors retain beneficial ownership of the underlying securities and are therefore eligible for dividends and franking credits. Learn more about separately managed accounts.
| Gross Performance as at 31 October 2011 |
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3 mths
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6 mths |
1 yr |
2 yrs (pa) |
3 yrs (pa) |
Since inception (pa)^ |
| Portfolio Return |
-0.03% |
-8.81% |
-2.75% |
0.14% |
6.78% |
5.41% |
| Benchmark Return |
-0.10% |
-9.10% |
-2.91% |
0.18% |
6.89% |
N/A |
The Benchmark for the Index Top 20 Portfolio is the S&P/ASX 20 Leaders Accumulation Index.
Key Features
- Beneficial ownership: you own the shares, not units in a managed fund.
- Diversification: own the 20 largest companies in Australia by market capitalisation for as little as $5,000 minimum investment
- Low cost: half the cost of a managed fund and only 0.05% brokerage
The BlackRock Index Top 20 model portfolio is designed for investors who:
- Seek exposure to Australian equities through a portfolio of large capitalisation stocks.
- Are happy to receive index returns without any active investment management.
- Accept the risk of significant price fluctuations.
About BlackRock
BlackRock Investment Management (Australia) is the manager of this model and is the responsible entity of the 2020 DIRECTINVEST BlueChip Series. BlackRock Investment Management Australia is part of BlackRock Inc which operates in 24 countries and manages over US$3.36 trillion~ worldwide.
2020 DIRECTINVEST is the distributor of the BlueChip Series separately managed account. By aggregating the collective buying power of the members of our allied professional associations, we are able to provide direct access to this innovative and low cost product with no entry fee, exit fee or adviser service fees.
| Fee Disclosure | | There are no entry or exit fees in the 2020 DIRECTINVEST BlueChip Series. 2020 DIRECTINVEST receives a dealer group service fee of up to 0.35% pa. |
| Download Product Disclosure Statement (PDS) | | Quarterly Performance Report |
#The performance Gross Return incorporates a 2% cash holding
^Model performance inception date: 8/11/2005
Past performance is not an indicator of future performance. Long term performance returns show the potential volatility of returns over time. The value of investments and the income fromthemcan fall as well as rise and is not guaranteed. You may not get back the amount originally invested. Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially. Model portfolio composition and performance have been based on theoretical tracking of the model portfolio and are gross of fees and do not take tax positions into account. Please note, actual portfolios may not perform in the same manner as the model depicted in this document, depending on the nature of your personal Portfolio and any customisations. Rounding used in the presentation of data may result in minor variations.
~As at 31 March 2010.
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