Introducing Pursuit
One size never fits all and what you need today may be quite different to what you may need in the future. That's why IOOF has developed a range of flexible investment, superannuation and pension products and services to help you meet your financial needs for today and tomorrow.
Whether you're saving for a house, looking to build wealth, planning for retirement or wanting an income stream during retirement, IOOF has a
range of flexible, cost-effective financial products and services that can be tailored to suit your individual needs.
How does it work?
The Pursuit range of products and services allows you and your financial adviser to construct and manage a range of investments, while the administrative, record keeping and reporting hassles usually associated with direct investment are handled by us. It's an easy and cost effective way to access a carefully selected list of Australian and international investment managers, all within the one investment vehicle.
The Pursuit investment menus
Making the right investment choice is an important part of developing a plan to help you achieve your investment goals. This requires careful consideration of a number of factors including your financial goals, investment risk and return profile and overall financial position.
For this reason, Pursuit offers both a Select and Core model with separate investment menus to provide you with a range of managed funds across investment styles and asset classes.
|
Pursuit Core offers simple, easy-to-use functionality with a focused range of over 35 managed funds and term deposits for
investors who want low maintenance investments and a straightforward investment process. |
Pursuit Select offers greater functionality and a broad range of over 180 managed funds and term deposits, which may suit
investors who want more control and involvement in the management of their investments. The Select
investment menu includes a diverse range of funds, such as small companies, specialist Australian and international shares,
international fixed interest, etc. |
Introducing Switchability
Pursuit has been created to meet the changing needs of investors. Switchability is a distinctive characteristic of Pursuit which provides the flexibility to make this possible.
Switchability* allows you to move:
- between managed funds in the same product;
- between similar products in the Core and Select models; and
- between superannuation products and pension products^ available under the Pursuit banner.
Whether you want a simple vehicle for wealth creation or to maintain control over your investments, Pursuit can be tailored to suit your retirement or investment needs.
Switchability is available between the following Pursuit products:
- |
From |
To |
|---|---|---|
|
Pursuit Core Personal Superannuation |
Pursuit Core Allocated Pension |
|
|
Pursuit Core Allocated Pension |
Pursuit Core Personal Superannuation |
^ Conditions apply - for example, you can not switch from a non-commutable pension option unless you meet a condition of release.
* Subject to the same managed funds held through the Select model being available through the Core model.
How do the Core and Select models compare?
- |
- |
Pursuit Core |
Pursuit Select |
|---|---|---|---|
Managed funds |
35+ |
Around 180 |
|
Fund managers |
15+ |
25+ |
|
Fund styles |
Easy Choice
Investor Choice |
||
Minimum entry |
$2,000 |
$10,000 |
|
Contibution options |
BPAY®, cheque, direct debit facility |
BPAY®, cheque, direct debit facility |
|
Regular Contribution/Savings Plan |
Yes |
Yes |
|
Margin lending |
Yes |
Yes |
|
Withdrawal options |
- On request ($1,000 minimum) |
- On request ($2,000 minimum) |
|
Income distributions |
For Investment Service |
For Investment Service |
|
- |
Insurance (Personal Super only) |
||
Death |
Yes - Unlimited |
Yes - Unlimited |
|
Death & TPD |
Yes - $3M |
Yes - $3M |
|
Salary continuance |
Yes |
Yes |
|
Waiting period |
30/60/90 days |
30/60/90 days |
|
Benefit period |
2, 5 years or to age 65 |
2, 5 years or to age 65 |
|
Adviser insurance commission |
Up to 33%** |
Up to 33%** |
|
**Includes GST but exclusive of any RITCs
® Registered to BPAY ® Pty Ltd ABN 69 079 137 518.
Why choose the Pursuit range of products and services?
-
IOOF - your investment guardian
The IOOF Group has an established reputation in Australia as a secure and successful financial services provider. We have been helping people for over 160 years.
As your investment guardian, our objective is to provide financial solutions which are tailored for you. We offer a range of services to suit your needs, goals and life stages.
You benefit from our expertise with the:- selection of high calibre investment managers and products available under the Pursuit banner; and
- delivery of accurate and timely transactions and reports.
-
Cost effective solutions
Simplicity is great but not if the costs outweigh the benefits. That is why we have provided a simple and competitive fee structure.- Pursuit Core models provide a flat administration fee making it simple to understand the cost of your investment.
- Pursuit Select models provide a highly competitive pricing structure and are based on the value of your portfolio. We cap the administration fees at $3,150 p.a. (at or above an account balance of $500,000) so you are not disadvantaged by having a large account balance.
You can negotiate the Adviser Service Fee(s) with a financial adviser selected by you. If you do not have a financial adviser this fee is not charged at all.
-
Investment choice that makes sense
Choose from a carefully selected range of managed funds and term deposits. The investment menu demonstrates depth and breadth from the choice of fund managers to the asset classes and investment styles available. Together with a financial adviser, you can construct a portfolio to suit your long-term investment objectives.
-
You are in control at all times
As we look after all of the day-to-day administrative duties and regulatory responsibilities in respect of your investment in Pursuit, you can spend more time on the decisions that matter - selecting the most appropriate investment strategy to suit your needs.
You also have the ability to protect your family from financial hardship by selecting appropriate death, total disablement and/or salary continuance insurance cover. (Applies to Pursuit Core Personal Superannuation and Pursuit Select Personal Superannuation models only).
-
Flexibility and transparency
Change your managed fund selections when you want to, simply and without a fuss.
You can track all transactions through your Cash Account.
-
Simple ongoing management
Select all your managed funds on one simple form.
Receive one consolidated report on your investment.
Track and monitor your account on our website at www.portfolioonline.com.au.
If you need to find anything out about your account, just call us on 1800 062 963.
Need more information?
More information on the Pursuit range of products and services is available on our product pages. Simply click on the links below to find out more.
- |
Pursuit Core |
Pursuit Select |
|---|---|---|
How do I start investing?
Before you begin investing through the Pursuit range of products and services you need to obtain a copy of the relevant Product Disclosure Statement/Offer Document. You can download a copy from this website or alternatively your financial adviser can provide you with this. Alternatively you can call an IOOF Client Services Officer on 1800 062 963.
Once you have read and understood the Product Disclosure Statement/Offer Document your financial adviser can help you work out your investment strategy, select managed funds intended to achieve that strategy and assist you to complete your Application.
We look forward to working with you to achieve your financial goals.
IOOF - Your Investment Guardians