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Where am I now? Lawlink > NSW Trustee and Guardian > Investing-money-with-OPC
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Money invested through NSWTG and the effect of market cycles
Investing money with the NSW Trustee and Guardian
NSWTG Financial Planning Unit
Benefits of Investing with NSWTG
How does the NSWTG decide what to invest in?
How and where is the money invested?
Investment Fees
Investing money with the NSW Trustee and Guardian
The NSW Trustee and Guardian (NSWTG) invests substantial sums on behalf of directly managed clients but NSWTG is also able to invest funds for privately managed clients.
NSWTG Financial Planning Unit
The Financial Planning Unit was established in March 2001 for the purpose of providing the clients of the NSWTG with a financial plan that was specific to their individual situation and needs. This followed the change in the Trustee Act in relation to the investment of funds to allow funds to be invested in a diversified manner according to the Prudent Person Principle. Our team has over 50 years combined experience and our team members come from a variety of financial planning backgrounds including technical, share markets, banks, trustee companies etc.
At NSWTG financial plans are developed in consultation with the private manager to ensure that we identify each client’s needs and plans over the longer term and devise an appropriate investment strategy.
Benefits of Investing with NSWTG
· Low investment fee of 0.5%per annum of the capital value of the funds invested, sometime referred to as the Management Expense Ratio or MER.
· No fund entry or exit fees and NSWTG does not accept up front or trailing commissions.
· Expertise in creating financial plans and investment strategies for individuals with a disability.
· Dealing with a government agency which is focused on the needs of the clients as opposed to making a profit for the organisation.
· NSWTG offers diversified investment strategies which balance risk against the need for growth.
How does the NSWTG decide what to invest in?
The Financial Plan allows for the development of investment strategies for the client and the management of risk by spreading their funds across the major asset classes of cash, fixed interest, property and shares. Each plan will consider the client’s short and long term needs, taxation position, capital growth and eligibility for Government payments.
How and where is the money invested?
The structure of the investment funds is similar to that of other fund managers and provides clients with access to a full range of asset classes, allowing for appropriate diversification and risk management to be undertaken. This facilitates the objectives of each client’s financial plan to meet the short, medium and long-term financial resource needs of clients.
The investment funds include:
§ Australian Cash Fund
§ Australian Cash Plus Fund
§ Australian Fixed Interest Fund
§ Australian Share Fund
§ Australian Listed Property Securities Fund
§ International Bond Fund
§ International Share Fund
For more details about these funds and our current returns on investment visit our investment page (link)
Investment Fees
NSWTG’s investment fee is 0.5% per annum of the capital value of the funds invested.
Any investment in funds by commercial fund managers involves fees which are usually referred to as Management Expense Ratio or MER. They generally vary between 1%pa and 3%pa or more depending on the type of fund. At NSWTG they are called investment fees and are only 0.5%pa no matter which fund is used.
Under normal circumstances there is no fee for the development of a financial plan for a protected person. There may be a fee levied in the event of very complex matters however this would be discussed and agreed with the private manager prior to the plan being prepared.
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