What is a Managed Fund?
Managed funds provide investors with the opportunity to pool money with other investors. The pool of monies is then professionally managed according to the investment objective and style of each fund.
IOOF Portfolio Service Personal Superannuation
- $10,000 minimum initial contribution, or $2,000 with a Regular Contribution Plan.
- Simple establishment and administration of your superannuation account.
- Diversify your portfolio by selecting from a wide range of over 180 managed funds from over 25 leading fund managers and access to over 60 direct shares.
- Competitively priced insurance.
- Track your superannuation online via IOOF's portfolio management tool, Portfolio Online.
IOOF Portfolio Service Personal Superannuation is an administration facility that provides you with a simple, secure, cost-effective yet highly flexible approach to superannuation. You can access a diverse range of investment options - without the considerable administrative burden usually associated with investing in managed funds directly or through a Self Managed Superannuation Fund.
The investment options available through IOOF Portfolio Service Personal Superannuation are managed by a range of leading investment managers, and span both Australian and international investments across various asset classes.
The IOOF Portfolio Service Personal Superannuation Investment List
IOOF believes in ensuring the investment options offered by products within IOOF Portfolio Service is in effect a "live" and manageable list of available investments, providing investors with a fully comprehensive selection of investment options. We conduct regular and extensive research to ensure the latest fund options, quality investment managers and the right mix of funds are available.
As a result the investment list offers:
- term deposits and over 180 managed funds from over 25 leading local and global fund managers,
- over 60 direct shares - a selection based on the top 150 stocks listed on the Australian Stock Exchange,
- a selection of funds within each asset class, and
- options that incorporate the latest in investment thinking such as long-short Australian equity, small cap and Asia equities funds.
Investment categories
The investment options can be categorised as follows:
- Easy Choice - offers a range of IOOF multi-manager diversified and sectoral Trusts.
- Investor Choice - offers over 180 managed funds and term deposits for you to build your own tailored investment strategy. The investment objective of each managed fund is to focus predominantly on a specific asset class or sector.
- Direct Share Choice - offers a range of shares listed on the Australian Stock Exchange.
More information about the investment categories is available in the Investment Strategies Booklet, which is Part 2 of the IOOF Portfolio Service Personal Superannuation Product Disclosure Statement.
Insurance options
IOOF Portfolio Service Personal Superannuation offers access to competitively priced insurance cover. Insurance that is acquired through a superannuation fund can be tax effective - speak with your financial adviser to find out more.
Your options include:
- Death Only; or
- Death & Total and Permanent Disablement; and/or
- Salary Continuance.
Each person's insurance needs may be different. The optimum level of insurance you require will usually differ depending on your age, financial circumstances and family situation. We recommend that you consult a financial adviser to discuss the most appropriate level of insurance cover for you.
The Insurance Booklet, which is Part 3 of this product's Product Disclosure Statement, includes comprehensive information about the insurance options offered through IOOF Portfolio Service Personal Superannuation.
How to invest
Before making a decision to invest in IOOF Portfolio Service Personal Superannuation you should:
- understand this plan and how it may benefit you, and
- understand how this plan operates.
Then you can: - make your investment choices, and
- complete the application process.
This investment process and all related information is clearly explained in the IOOF Portfolio Service Personal Superannuation Product Disclosure Statement, Parts 1, 2 and 3.
You should read all parts of the Product Disclosure Statement before choosing to invest in IOOF Portfolio Service Personal Superannuation, and we recommend that you seek professional advice when determining the specific investment categories that you would like to include in your investment strategy.
IOOF - Your Investment Guardians