BlackRock Index - Top 20

BlackRock Index – Top 20

The investment objective of this Model Portfolio is pursued by investing in a representative sample of shares held in the S&P/ASX 20 Accumulation Index. The Index is comprised of the 20 largest and most liquid stocks in the Australian stock market. The Model Portfolio may invest in shares that have been or are expected to be included in the Index.

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; and
• Accept the risk of significant price fluctuations.

Performance to 31/12/2012

^Benchmark: S&P/ASX 20 Leaders Accumulation Index

Fees

As this Model passively tracks its benchmark index, the S&P/ASX 20 Accumulation Index, the Model Portfolio Manager does not currently charge fees for this Model.

• Investment Fee - Nil
• Performance Fee - N/A

Further details on fees can be found on page 23 of the Product Disclosure Statement.

* The Blackrock Administration fee is a tiered stucture which reduces based on the size of the portfolio. Please see page 23 of the Prodct Disclosure Statement for more information.

InvestSMART makes no recommendations as to the merits of any investment opportunity referred to on this website. Before making any investment decision on the basis of any reports or information provided you must read the disclosure document and make your own investigations regarding the accuracy, reliability and completeness of this information.

Killing a golden goose

The Age 22/05/2013 | A piece of broker research came out last week that described the budget as a sensible one but an almost suicidal one for a government four months out from an election. Instead of trying to buy votes, it seemed intent instead on putting as many noses out of joint as it possibly could.

Tinkering undermines the system

The Age 22/05/2013 | In last week's budget, the government missed what will probably be its last opportunity to make the superannuation system fairer and more sustainable. While the government made some tough decisions, such as reneging on promised tax cuts, one of the fastest-growing expenses is the tax concessions for superannuation.

Has gold got more shimmer to shed?

The Age 22/05/2013 | At a time when international central banks are printing money in massive amounts and governments, Australia included, are borrowing heavily, one could expect to see gold in demand as investors fear currency debasement. But the opposite has happened, with the gold price falling for most of this year. The fall has become particularly dramatic in the past few weeks.

Exposure appeals as recession looms

The Age 22/05/2013 | What chance recession?

The numbers you need

The Age 22/05/2013 | 120,000

Ask Noel

The Age 22/05/2013 | Each week, financial adviser and international best-selling author Noel Whittaker answers your questions. noelwhit@gmail.com.

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