After 18 June 2019 performance figures (after fees and brokerage) have been recorded from the Australian Equity Income ETF (ASX: INIF) which mirrors the Income Model and after 5 October 2020 performance figures (after fees and brokerage) have been recorded from the Australian Equity Growth ETF (ASX: IIGF) which mirrors the Growth Model. After the 1 July 2015 performance figures (after fees and brokerage) were recorded from the Separately Managed Accounts that mirrored these models. ^^ The performance figures for the Intelligent Investor Income and Growth Model Portfolios are since inception on 1 August 2001 using theoretical buys and sells without brokerage and management fees until 1 July 2015. For the effect of fees on your cumulative returns, please see our report How Fees Can Destroy Your Wealth. Fee data may not include all costs being charged such as platform and adviser fees. Whilst every care has been taken in producing these numbers, InvestSMART does not guarantee the accuracy of the figures produced in the table. Fees are calculated by Morningstar as the average over 10 years. Only funds with > three year returns were included in any fee comparison, and were compared to Morningstar’s nominated benchmark. This may not include all funds available for retail investment in Australia. ^ Only funds and investment products included in the Morningstar Australia database are available for fee and performance comparison. Historical performance is not a reliable indicator of future performance. InvestSMART cannot determine whether or not franking has been included, nor if dividends have been reinvested. The peer calculation is inclusive of admin and management fees excludes brokerage and no withdrawals have been made. The peer comparison figures have been sourced from Morningstar data and is therefore limited to the funds and investment products included in their database. Performance figures for periods greater than one year are annualised and presented as "per annum" values. brokerage and assuming dividends re-invested and no withdrawals. # Performance figures are after management and admin fees excl. For more information about fees and costs, please see the Product Disclosure Statement and Investment Menu. Indirect Costs are estimated to be between 0.09% - 0.30% p.a. * InvestSMART’s capped management fees (capped at $550 p.a.) do not include indirect cost ratio charged by ETF providers nor brokerage. You should consider the PDS, FSG and TMD before making a decision about a product. The PDS for financial products offered through InvestSMART can be downloaded from this website or obtained by contacting 1300 880 160.
Antares free trial professional#
IMPORTANT: This information is general financial product advice only and you should consider the relevant Product Disclosure Statement (PDS), Financial Services Guide (FSG), Target Market Determination (TMD) or seek professional advice before making any investment decision. HOLD.ĭisclosure: The author owns shares in Antares Energy. While the regulator and the company argue their respective cases, the stock is suspended and shareholders must wait and see if this remarkable deal closes. Equally, it is true that a buyer mopping up assets in the Permian would want to remain anonymous since quietly amassing land is cheaper than buying under scrutiny. We agree with the ASX that Antares has a history of woeful disclosure and, given two previous bids mysteriously failed without explanation, their caution is understandable. They also claim that disclosing the buyer now may imperil the deal. The company argues that the bid is all cash so the buyer's identity is irrelevant. The ASX argues that shareholders need to know the buyer to judge the likelihood of the deal's completion. In particular, the ASX is unhappy that the buyer has not been revealed. In dispute is the skimpy disclosure released by Antares which announced the deal's value (US$250m) and its structure (all cash) but little else. The shares have now been suspended from trading indefinitely, with the ASX accusing directors of not adequately disclosing information about the deal to the market. Just a week after revealing a miraculous deal to sell its remaining Permian Basin assets for US$250m (see Antares sells assets) – more than 10 times the market capitalisation of the company prior to the deal – Antares shares surged from $0.10 to $0.50 before being forced into a trading halt by regulators. The drama never seems to end for Antares Energy.