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Centuria LifeGoals Pendal Short Term Income Securities Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100398-2024-06-15-02:20.pdf
FUND MANAGER Pendal Institutional
ASX Code
APIR OVS5415AU
ASSET CLASS INVESTMENT BONDS
INVESTMENT STYLE

The fund invests in a combination of shortterm money market instruments and medium-term floating and fixed rate securities.

INVESTMENT PROFILE

The fund aims to provide a return (before fees, costs and taxes) that exceeds the Bloomberg AusBond Bank Bill Index.

CURRENCY MANAGEMENT Active management
INCEPTION DATE 01-10-2015
BENCHMARK N/A
FUND SIZE N/A
DISTRIBUTION FREQUENCY N/A
NO. OF HOLDINGS
FEES 0.48% p.a.
STRUCTURE

Benefits

Benefits

Benefits of investing in the Centuria LifeGoals Pendal Short Term Income Securities Fund

Invest tax-effectively

Centuria pays tax on the investment earnings at the company tax rate of 30%, no matter what your personal taxable income and marginal tax rate is.

If you hold your Bond for more than 10 years, you pay no personal income tax on withdrawals.

Build your wealth

You can make additional contributions (up to 125% of the value of total contributions made in the previous Bond Year) and retain your tax-free withdrawal position calculated from the start of your Bond.

Your Bond growth is reflected in the unit price for Unit-Linked Options and in the bonuses allocated to your Bond annually for the Capital Guaranteed Option. Income is reinvested so you get the benefit of compounding returns. And, you are not personally taxed on the accruing returns.

Choice

There are seven Unit-Linked Options to choose from and one Capital Guaranteed Option.

You can switch between any, or all, of the Unit-Linked and the Capital Guaranteed Options without attracting any personal tax or impacting your 10 year tax period.

Accessibility

You can access your funds at any time.

Only if you withdraw within the first 10 years may some of the growth be assessable.

Versatility

Your Bond can be used to meet your investment and savings goals. It can also be used for tax-effective retirement savings, without the limitations of superannuation, or it can be used to give you certainty in estate planning.

Simplicity

Your Bond is a simple savings solution without any administration burden. You won't have to complete tax returns or keep ongoing tax records. We don't even require your tax file number. Because we handle the tax, you can set and forget your Bond.

Peace of mind

Your Bond can be used for estate planning. Where you are both the Bond Owner and Life Insured, you can nominate multiple beneficiaries to receive a specific share of the investment proceeds on your passing.

Your Bond is a smart way to avoid the potential complications of wills. And the investment proceeds are tax-free in the hands of dependant and non-dependant beneficiaries, irrespective of the start date of your Bond.

As your Bond is technically a life insurance policy, your investment funds can be safe from creditors if you face bankruptcy.

RISK LEVEL 2
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

Centuria's Investment Bonds are designed for investors seeking a tax-effective investment over the medium to long term. The Bonds are intended for individuals who want simplicity in their investment, tax planning and estate planning needs covered in one tax-effective investment. Centuria's Investment Bonds have a range of Investment Options that are referred to as Bonds. The PDS provides details about Centuria Investment Bonds.

If you have a goal, we have the strategy

Are you building wealth, saving for a property, setting aside an education fund? Do you want to complement your superannuation strategy with a more flexible investment?

Centuria Investment Bonds give investors with medium- to long-term goals the capacity to make tax-effective investment decisions outside superannuation.

Tax paid for you

The growth and earnings of Centuria Investment Bonds are taxed at a maximum rate of 30%, paid by Centuria from the earnings of each Bond.

Tax-free after 10 years

You pay no personal income tax on your investment during the Term, and if you hold your investment for more than 10 years, you pay no tax on withdrawals. You can make once-only, or regular contributions and benefit from the advantages of compound growth to create long-term wealth.

We do not distribute any income until you withdraw your investment. Each Bond's net investment earnings are automatically reinvested, which means you benefit from compounding returns.

No annual tax reporting

As long as your money remains invested, we will pay tax on investment earnings and there is no requirement to declare those earnings in your annual tax reporting.

Simple

Establish your investment. We pay the tax and report to you annually. No tax declarations, and no more paperwork.

Flexible

There are no limits on contributions in the first year and you can contribute up to 125% of the previous year's contributions after that without changing the original start date of your Bond for tax purposes. There are no limits on withdrawals. You can make once-only or regular contributions and withdrawals whenever you like. You can use your Bond to build wealth for the future, supplement your income or save for that big expense.

Versatile

You can nominate beneficiaries who will receive the proceeds of the Bond without reference to your will. This provides peace of mind knowing your intended beneficiaries will be looked after.

Mandate

How we invest your money

Investment Strategy

To invest in established investment managers, term deposits, cash and other listed and unlisted debt securities to achieve consistent and stable returns over the long term.

Asset allocation

  • Australian Fixed Interest: 0%-100%
  • International Fixed Interest: 0%-100%
  • Cash: 0%-100%