Investment Strategies

Unclear BOMAD arrangement ends up in court

Increased reliance on the bank of mum and dad to help young people get into a home has led to an increase in disputes involving family financing arrangements. Richard Gardiner and Robert Dickfos of law firm HopgoodGanim say a number…

Argo positions for a subdued equity outlook

Listed investment company Argo Investments has made a number of changes to its portfolio over the past year, as it seeks to maintain its profile as a source of sustainable and growing dividends. According to Argo’s 2018/19 financial report, it…

CBA updates home loan serviceability tests

Australia’s biggest home lender has made some significant adjustments to its mortgage assessment criteria, reducing its rate floor and demanding more detailed spending data. Commonwealth Bank has decreased its floor rate to 5.75 per cent from 7.25 per cent. It…

Montgomery fund downgraded

Morningstar has downgraded Montgomery Investment Management’s The Montgomery Fund to negative, with a recommendation that “Australian equity investors can find better alternatives.” The Montgomery Fund strategy is to buy high quality companies with strong growth prospects at cheap valuations. The…

Cash economy crackdown

Cash transactions of $10,000 or more will be banned under a black economy crackdown detailed in new legislation. The government has released an exposure draft of a bill that restricts the use of cash and has called for submissions. The…

Banking and investment apps go to the next level

Commonwealth Bank has taken retail transaction banking further in the direction of personal financial management, with the launch of the latest version of its mobile banking app, while upgraded Raiz Invest and CommSec investment apps are focusing on rewards and…

Fidelity Future Leaders upgraded

Morningstar has upgraded the Fidelity Future Leaders Fund to its exclusive ‘gold’ rating, citing the fund’s “most disciplined and well-articulated investment processes”. The fund is an actively managed, diversified portfolio of 40 to 70 small to mid-cap Australian shares and…

Income investors need to focus on risk-adjusted returns

Vincent Chin says investors contemplating a wider range of investment options as they look for income solutions must keep an eye on risk. Chin is a portfolio manager at Clime Asset Management, where he looks after the Clime Fixed Interest…

Australian equity funds upgraded in latest Zenith review

Zenith Investment Partners has upgraded two Allan Gray funds to ‘highly recommended’ in its latest Australian Shares Large Companies review. Allan Gray Australia Equity Fund and Allan Gray Australia Stable Fund join 14 other funds rated ‘highly recommended’. They include…

Researcher picks its preferred REIT fund

Morningstar has issued a rating update for the iShares Australian Listed Property Index fund, giving the fund a ‘gold’ rating largely as a result of its “compellingly low cost” and superior indexing capabilities The Australian listed property trust (A-REIT) sector…