EON Financial Group SMSF Podcast

EON speak to Douglas Isles from Platinum Asset Management on the outlook for global investing in 2018.  Platinum has been a significant contributor to the podcast since the start.  We have been beating the drum about the importance of global investing since the podcast started.  If you acted, you have been rewarded with significant outperformance over the Australian market.   Douglas shares Platinum’s outlook for 2018 including; ·       Where they see opportunities for growth ·       Opportunities in China ·       Greater Asia growth ·       Australian banking sector view (and therefore its importance to the Australian market returns) ·       New ways to access Platinum’s expertise   This is great episode for trustees to fine tune their asset allocation in 2018 to improve results.   Compound your wisdom!

EON speak to Jonathan Wu from Premium China Funds Management about investing in China.    There is a great deal written and said in the Australian press about China.  Overwhelmingly, the commentary negative.   This surprises me, given the significance of China to our economy.   We sought the views of a professional, with 10 years focused on investing in China, to balance the view. We cover; ·       China as a long-term investment opportunity ·       The much talked about debt levels ·       Ghost cities ·       The target of doubling disposable income by 2020 ·       Lower risk exposure to China through Fixed Interest versus Equities   This is a great episode for all trustees investing their own funds.  The impact of China on the global economy and equity markets will impact returns for decades.  Get the real news on the EON Financial Group SMSF Podcast.   Compound your wisdom!

EON Speak to Mugunthan Siva from India Avenue Investment about investing in India.  India is a unique opportunity to diversify from Australia, with several key differentiators; 1.       Younger average population age of 29 versus 40 for Australia 2.       India is a commodity importer, Australia a commodity exporter 3.       Indian companies pay significantly less dividends as there is no capital gains tax for investors when they hold for longer than 12 months 4.       India’s population is massive compared to Australia 5.       Significant efficiency gains to made through Technology across the government sector 6.       Massive economic reform under the Modi Government 7.       Consumption economy with a growing middle class   This is a great episode for all trustees to learn about investment opportunities beyond our borders.  It is easy to stay local but there are real benefits to your portfolio to invest globally.  The diversification strengthens your portfolio and the returns are likely to be significant over the long term.   Compound your wisdom!

Mark Wenzel was on an adviser panel at the recently held Financial Standard ETF Forum. The Forum was aimed at advisers but is equally relevant to SMSF trustees.   Mark provides his insight into the day including How advisers are using ETFs in their practices Where to access ETF research New ETFs in the market Traditional vs Smart Beta indexing Portfolio construction using ETFs This is a great episode for all SMSF Trustees to learn from professionals about how they are using ETFs to meet the long term requirements of clients. Compound your wisdom!

EON speak to Michelle Gibbings from Change Meridian about decision making in your Self Managed Super Fund.   There are many decisions to make before, during and to end a Self Managed Super Fund.  Michelle introduces a decision making framework setting a successful structure to make decisions judging the importance of the decision how to avoid procrastination how to frame long term decisions This is a great episode for all trustees who struggle to make decisions, are over confident in their decision making, feel responsible for all the decisions made within the super fund and who are looking to improve the decision making in their super fund. Compound your wisdom!  

EON speak to David Erdonmez from fixed income manager PIMCO about fixed interest and the impact of rising interest rates on fixed income portfolio's.  We discuss the characteristics of fixed income how rising interest rates are likely to impact why should maintain exposure to fixed income in your SMSF the current outlook for fixed income the differences between Hybrids and bonds the difference between Term Deposits and bonds Global opportunities to generate higher income from fixed interest This is a great episode for all trustees who don't really understand why fixed interest is an essential component of a diversified portfolio. have large exposures to hybrids, cash and term deposits in their portfolios. Who are looking for stable income in your fund Who are confused about the noise around fixed interest in the media Compound your wisdom!  

EON speak to Peter August from the Melbourne Mint about the benefits of owning physical gold in your Self Managed Super Fund. We delve into the historical significance of gold importance of gold backing currencies the purchasing power of gold over centuries the impact of currency printing on the value of money a monopoly example to show the impact of money printing on the economy how to invest in physical golf in your Self Managed Super Fund why you should have an allocation to gold in your Self Managed Super Fund Compound your wisdom!

EON speak to Jack Lowenstein from Morphic Asset Management about their global Ethical Investment Listed Investment Company.  Chad Slater & Jack Lowenstein have a rich history in ethical investment, having been at Hunter Hall during its glory days. Morphic Asset Management have a strong risk management focus which we talk about in depth.  This discipline means the returns are achieved with significantly less volatility than if you invested in a broader index.  The benefit of this is often hard to see day to day but are a significant benefit for long term investors. The fund is global focused, so is another opportunity to diversify from the Australian market.  The investment criteria is discussed in detail but will exclude companies that add to global warming, which Jack views as the biggest issue of our time, gambling, alcohol and coal. This is a great episode for all trustees who want to learn how to invest better and are interested in global and ethical investment. Compound your wisdom!

EON speak to Michael Aked from Research Affiliates about Fundamental Indexing. Fundamental Indexing is an alternative to Market Cap weighted indexing using sales, dividends, growth and book value to weight the stocks in the index.  Research Affiliates introduced Fundamental Indexing as a result of the Tech Bubble in the early 2000’s.  They could not understand how companies with no revenue or profitability could be held by an index purely because of the market value.  They took this information and developed a Fundamental Index that, according to Research Affiliates, has outperformed the S&P 500 over the period.  The genius in the methodology is the inputs are measured over 5 years, reducing turnover and therefore costs. The Fundamental Indexing approach used by Research Affiliates can be adopted across all markets and has produced strong returns in Australia.  The last 12 months have benefited from larger positions in resource stocks, contributing to a return of 19% for the index, ASX code QOZ. This is a great episode for all trustees looking to invest in Australian & US markets. Compound your wisdom!

EON Speak to Owen Hegarty from EMR Capital, a former director of Fortescue Metals Group, former CEO of Oxiana Resources and resource company investor. Owen has built vast wealth for shareholders over his career.  We are grateful that Owen shares his experience and knowledge on: ·       How he became involved in the mining industry ·       Building Oxiana ·       EMR Capital’s 4 preferred commodities ·       What to look for when investing in a Resource company ·       His views on the ASX Listed company’s that EMR invest in ·       Why the resource industry will be a mainstay of your portfolio for many years to come ·       The importance of Asia to Australia’s economic future   This is a must listen to episode for anyone investing in the share market.  The insights and knowledge Owen provides is invaluable for your long-term wealth creation.    Compound your wisdom!

EON speak to Michael Glennon from Glennon investment management about his love of investing in Smaller companies.  Michael has a long history of investing in small companies and provides valuable insight into this profitable opportunity for SMSF trustees. We discuss: Michael's history in investing Why he started Glennon Investment Management and why he likes the fund management industry Why he love's investing in Small Companies Making money when small become large How to judge management The risks of small companies Patience when investing Glennon Small Companies Listed Investment Company This is a great podcast for trustees wanting to learn more about small company investing and why small companies should be a part of your Self Managed Super Fund. Compound your wisdom!

EON speak to David Bassanese, Senior Economist from BETASHARES Exchange Traded Funds, reviewing the economy in 2016, his outlook for 2017 and the flow of funds since Donald Trump was elected president. This is an episode with valuable information for all trustees.  We cover: An economic review of 2016 Australian economy Australian share market Australian real estate Australian interest rates Bond yields International outlook US economy International share markets Preferred international markets Preferred global sectors Outlook for 2017 for: Sector rotation since US election Compound your wisdom!

2016 Making the break is a compilation of the some of the best content from the EON Financial Group SMSF podcast over 2016.  Guests include: Simon Michelle from FIIG Miriam Sandkuhler from Property Mavens Chad Slater from Morphic Asset Management Simon Shields from Monash Absolute Return Pamela & Meaghan from Burke & Associates Douglas Isles from Platinum Asset Management Oliver Trussler from Schroders Tim Bradbury from MSCI Charlie Jamieson from Jamieson Coote Bond Fund This is a great episode to relive the wonderful guests we had on the EON Financial Group SMSF Podcast in 2016. Compound your wisdom!

EON speak to Douglas Isles from Platinum International about the global change in the last 6 months, the outlook for 2017 and the noise around Platinum on performance. We discuss: High valuations in the US Positioning of the Platinum International Fund Opportunities in Europe & Asia Japan The short sellers in Platinum stock Compound your wisdom!

Mark Wenzel, Principal of EON Financial Group, discusses the changes to the contribution limits for Super Funds coming into effect on the 1st July 2017. Topics discussed include: Taxable contributions Non-taxable contributions Contribution splitting Strategies to consider for your SMSF Who can benefit most Opportunity cost of not taking action This is the first in the summer series.  The summer series is 5 podcasts over 5 weeks over the Christmas holiday period for you to compound your wisdom to set 2017 up as a great year for your SMSF.   Compound your wisdom!

EON speak to Pamela Nasiakos & Meghan Warren on the important topic of binding death benefit nominations.  Much energy goes into building up and investing your superannuation.  This good work can be unwound if your desired beneficiary does not receive the money. We cover how to ensure that nominations are valid (the lawyers were quick to point out the importance of ensuring the nomination is valid!), when to leave the money to your Estate and when to nominate specific people to receive your superannuation benefits. We delve into when to use lapsing and non lapsing binding nomination and when to use non-binding nominations. We cover case studies to show the implications of not executing your nominations correctly and dispel the myths about age, family status and small asset base being excuses for not making death benefit nominations. Compound your Wisdom!        

EON speak to Oliver Trusler from Schroders about the newly listed Exchange Quoted Managed Fund - GROW.  GROW has a real return objective of Consumer Price Index (Inflation) + 5%.  A real return objective is an alternative strategy to the traditional Asset Allocation model.  The Real Return model allows for greater involvement from the manager to allocate assets to achieve their objective, taking into account of prevailing market conditions.  The end result should be a more consistent return with lower risk. Oliver provides great insight into how to construct a Real Return style portfolio, how the portfolio is positioned in the current environment, risks that could increase the volatility in markets and how you can use GROW in your Self Managed Super Fund. Compound your Wisdom!

Mark Wenzel, principal of EON Financial Group, provides 10 insights from the reporting season, the Future Fund quarterly report and the Self Managed Super Fund Associations Retirement report.  These insights are invaluable to help you make better decisions for your Self Managed Super Fund, leading to more income for you in the future. The insights include comment on: 1)  Challenging investment environment 2)  Level of risk you should be taking 3)  Portfolio review 4)  The role of income in your returns 5)  Alternative investments 6)  State of the economy 7)  Large Cap vs Small Cap 8)  SMSF retirement insights 9)  Return targeting 10)  Costs A very informative episode for all SMSF trustees. Compound your wisdom!

EON speak to John Pereira from India Equities Fund about the recently launched Listed Investment Company.  The original launch was delayed due to economic conditions. The update includes details of the offer, the progress the Modi government has made in reforming the Indian economy and analysis of the opportunity India presents to Self Managed Super Fund trustees. This is a great episode for trustees looking for offshore exposure in their fund, particularly to the fast growing Indian economy. Compound your wisdom!      

EON speak to Simon Shields from Monash Absolute Return Listed Investment Company about some of the strategies they adopt to produce sustainable positive returns for their investors. An enviable 5 year track record of greater than 14% per annum highlights their success. We discuss some of their long positions and how they identify the right opportunities, we talk about how one of their current short positions was identified, how Monash profit from pairs trading and anomalies in the market that present opportunities to add alpha. This is a great episode for anyone interested in how Absolute Returns can add alpha to SMSF portfolio's and how owning a Listed Investment Company like Monash can add diversification to your Self Managed Super Fund. Compound your wisdom!

EON speak to Tim Bradbury from MSCI about the evolving Exchange Traded Fund market. There is a wave of new ETF's appearing in the exchange which can add alpha to your portfolio. We go discuss the pro's & con's, how you can benefit and which ETF's work for your situation. This is an episode not to be missed for anyone investing in listed securities. Compound your wisdom!

EON speak to Miriam Sandkuhler from Property Mavens about the 7 Mistakes SMSF Property Investors make. Miriam is a successful property investor and Property Advocate. She has experience in advising SMSF trustees on which properties to buy to meet their needs. We have an in depth discussion on the 7 mistakes and the steps you can take to avoid them. We delve into the detail so that you can make the best decisions for you and deliver great investment returns for the members of your SMSF. This is a great episode for anyone considering buying a property in their SMSF. Compound your wisdom!

EON Financial Group bring you the important changes announced in the budget on superannuation and their impact of Self Managed Super Fund trustees. The budget has made some significant changes to superannuation.  We present the changes made, the impact on your fund and strategies to benefit from the changes. Changes include: 1) Concessional Contribution limit 2) Non Concessional limits 3) Lifetime tax free cap 4) Work test 5) Transition to Retirement Compound your wisdom!  

EON speak to Chad Slater from Morphic Asset Management on the changing investment environment since the start of the year. We talk the current state of the market, their expectations for the year ahead, some identifiers for changing market conditions, their view on Woolworths and the importance of a decent exposure to international markets for SMSFs.This is not just market prediction from a global fund manager, it is a great episode that goes much deeper into an investment managers psyche to extract real value for all SMSF Trustees.Compound your wisdom!

EON speak to Rob Hay from Westpac warrants about the newly listed Vanilla Instalment Equity Warrant. The VIEWs offer higher leverage and shorter time frame than the traditional Self Funding Instalment Warrants from Westpac. This typically provides a higher yield with increased risk if the stock moves against the owner.As with all warrants it is important to have a positive outlook on the stock and the market. There is no point in earning high yield but losing equity. VIEWs, like all warrants, provide a super charged exposure to the stock or index invested in and should only be used by trustees that can assess the risk involved.For those of you who are willing to accept more risk, VIEWs can be a great way to increase income and exposure to the stock or index.Compound your wisdom!

EON Financial Group bring you snippets of the best episodes of 2015.   2015 On the Record provides a great introduction to the podcast and the quality of guests. The podcast is one example of the philosophy of EON Financial Group's commitment to learn to help us produce better results for our clients and the continuous improvement required to be successful in the advisory business. We wish you a very prosperous 2016. Compound your wisdom!

EON speak to Mark Mazzarella an analyst at APN Property Group about the advantages of AREITs to produce income for your SMSF, why AREITs have been such great performers over the years and the lower cost of entry when compared to direct property ownership.This is a great episode for all trustees. The need for income is high once you start the retirement phase. The certainty of income provided by AREITs is characteristic that appeals whether you are in draw down or in accumulation. Compound your wisdom!

EON speak to Dave Gedeon from NASDAQ and Vinnie Wadhera from Betashares about the newly listed NASDAQ 100 ETF listed on the ASX.The NASDAQ 100 is an index Australian investors should consider for diversification away from the Financial, Resource and Energy heavy ASX. The NASDAQ 100 has virtually no exposure to these sectors and provides exposure to technology heavy weights Microsoft, Apple and Intel. The NASDAQ 100 exposes your portfolio to disruptive companies such as Tesla, Netflicks, Costco, Facebook and Comcast.This is great listening for all SMSF trustees about this important index.   Compound your wisdom!

EON Financial Group head Mark Wenzel shares his view on changes politically, economically and in lending to Self Managed Super Funds.This episode is not the normal format but provides great insight to all SMSF Trustees.Compound your wisdom!

EON speak to Mike McNamara from Strategic Buyers Agent about buying an established property for investment purposes. Mike talks about why you should consider a buyers advocate rather than choosing the property yourself. There is a cost for using a buyers advocate. The questions I want answered on the podcast centre on the value created by buyers advocates, the importance of spending time researching your potential purchase, insights into what Mike has learned about property and the key figures he uses to identify the best opportunities.A great discussion with an experienced property professional.Compound your wisdom!

EON speak to Douglas Isles from Platinum about their Platinum Asia Listed Investment Company. For patient investors Asia represents a great opportunity to grow wealth in the fast growing region in the world. The difficulty for most investors is finding the right opportunities at the right price. Platinum have a strong track record with their Asia Fund, returning an average to 16.2% over 13 years. The features of an Listed Investment Company allow for smoother income payments from the fund, franked dividends and advantage of being listed on the ASX.There is some great insight into why you should expose your portfolio to Asia.Compound your wisdom!

EON Speak to Rod Leembruggen from Capital Claims about the benefits of claiming depreciation against your property assets.The podcast is equally beneficial for trustees fund and personal assets. The importance of claiming non cash items to improve your overall return cannot be understated.Essential listen for trustees that own a property in their fund or an investment property in other tax structures.Compound your wisdom!

EON speak to John Periera from India Fund about the opportunity investing in India provides SMSF trustees. The Listed Investment Company will invest in equities and bonds, providing a good example of how a professional manager plans to manage risk in their portfolio. We discuss why you should invest in India, where the opportunities are likely to be and what income you can expect from investing.A great discussion for anyone looking to invest in this important country for Australian investors.Compound your wisdom!

EON speak to Rob Hay from Westpac Specialist Investment Solutions about Self Funding Instalment Warrants.Self Funding Instalment Warrants can be used by trustees for leveraged long term exposure to listed companies and Exchange Traded Funds. The advantages of Self Funding Instalment warrants include increased exposure for your portfolio, no margin calls and a limited recourse loan. The disadvantages include increased risks by using borrowed funds, you pay for the cost of the protection through put options and they are time bound which means you must make a decision at expiry.We discuss all these issues and more...Compound your wisdom!

EON speak to Angus Coote and Charlie Jamieson from Jamieson Coote Bond Fund about Australian Government Bonds, why you should own them in your fund and why they are a great alternative to Term Deposits.Most Self Managed Super Funds do not have an exposure to Government Bonds in their funds. When you contrast this with the rest of the world, where the average portfolio would hold over 30% in bonds, we have a long way to go. Is the low investment in bonds a result of lack of a awareness or lack of knowledge? Either way this podcast will bring you up to speed on this important fund exposure.Compound your wisdom!

EON speak to Lisa Papachristoforos, from Just Super, about the most common questions Just Super are receiving from their 1,500 funds. Just Super is an administrator of over 1,500 funds, which means they have 1,500 funds with similar questions that you want answers to. We cover pensions, work test, contributions, multiple pension accounts and much more...Essential listening for all trustees.Compound your wisdom!

EON speak to Melinda Nash from IntegriLend Loan solutions about the important steps to take when taking out a loan in your SMSF. Borrowing in your SMSF requires careful adherence and respect to process. Not organising your loan correctly can result in delayed settlement, penalties and unnecessary expense. This podcast is essential listening for anyone considering or in the process of taking out a loan in a super fund.The information on this podcast could save your time and money!Compound your wisdom!

EON speak to Peter Griffin about his career in financial and investment markets. Peter has been involved with starting a hugely successful stockbroking firm, a ground breaking funds management business and is an accomplished investor in his own right. In this episode we speak about portfolio concentration, leverage, identifying great investments, global investing, the success he has had 'backing the man', property development and much, much more...The insights from Peter are invaluable for all trustees. Compound your wisdom! 

EON speak to Michael Reid from AIA Insurance about the underwriting process. We felt that if trustees could have a better understanding about what happens behind the scenes when you apply for insurance in your fund, another barrier would be broken down to stop trustees implementing the appropriate amount of cover to protect themselves.Insurance is a way to share the risk of the life events impacting on your retirement strategy. By sharing the risks with an Insurance company you are effectively moving the risk from your self to a large institution. Underwriting is the process where insurance companies assess the risk of you making claim. By going inside the underwriting process you will be better informed about this important process.Compound your wisdom!

EON speak to Paul Resnik from Finametrica about risk profiling and its impact on volatility in your Self Managed Super Fund. Finametrica have completed over 770,000 individual risk profiles based on psychometric understanding of your risk tolerance. The outcome of this testing is an Asset Allocation you are comfortable with.The Asset Allocation of your fund is a key driver of both return and the amount of volatility in your returns. If you can achieve the right mix of the returns you need at an acceptable level of volatility, your enjoyment of life will be significantly enhanced.A great discussion with a leader of the industry.Compound your wisdom!

EON speak to Penny Holcombe from Care3 about her experience helping families deal with aging. While this is not directly related to SMSF, age care is something we are all going to have to face. Whether that be looking after older parents or through our own experience, aged care services are an important consideration in your long term financial planning.The insight Penny provides into preparing your self and your parents for aged care services make this an episode not to miss.Compound your wisdom!

EON speak with Nathan Papson from Papson Legal about Succession Planning for your SMSF. Succession planning deals with the important issue of incapacity. If there are no succession plans in place, the fund can be locked up, limiting the access and adding unnecessary burden when you require clear access.Managing a SMSF requires more than investment selection. In terms of priorities your Succession planning should be high on the list. This podcast tells you how to prepare for Succession and why!Compound your wisdom!  

Real Estate Investment Trusts and Infrastructure have been great investments over the last 5 years. With interest rates falling, assets with regular and consistent cash flow have been major beneficiaries.But what happens from here? We speak with Andrew Smith & Tim Hannon from Freehold Investment Management about the outlook for AREITs & Infrastructure, their view of residential property market and how Freehold add alpha to their funds through intelligent trading.Compound your wisdom! 

Auditing is an annual requirement of running a Self Managed Super Fund.  Depending on your point of view it is either a pain in the neck or a compliance requirement.  Today we speak to Jo Heighway from Engage Super Audits about why she sees your annual audit as an opportunity to have an accurate assessment of your retirement savings.     We speak about what to look for when choosing an auditor, how selecting your Accountant or Financial Adviser impacts the likelihood of being on the ATO audit list, some the of obscure assets Jo has audited in clients SMSFs, common mistakes that Engage Super Audits find and how to avoid them and much, much more....   Compound your wisdom!   

We speak with Jack Lowenstein from Morphic Asset Management.  I do not want the podcast to be a precession of fund managers promoting their funds.  The discussion I have with Jack provides great insight into the psychological workings of the market, strategies to counteract natural human tendencies and the importance of international markets to SMSF trustees.     The importance of international exposure to your SMSF is highlighted in the attached article Morphic produced.  The introduction to the paper is so powerful I decided to read it on the podcast.  The essence of the article is that things can go wrong in economies, even when they appear strong. Australia might not be immune from long term underperformance versus global markets.     If you do not have exposure to global markets, its not too late, as Jack explains on the podcast, increasing your exposure on the way up, can be a great strategy that counters the natural inclination of not buying after a price rise.   Compound your wisdom!

Christopher Joye has had a distinguished career.  He has held high office at the RBA, was a major backer of Mark Bouris’s Yellow Brick Road, is a contributing editor at the Australian Financial Review and a director at Smarter Money Investments.  We are grateful for his insights into topics that are relevant to us as SMSF Trustees. We tap into his expertise in the Fixed Interest & Bond markets and how you should be positioning the defensive side of your portfolio, including his strong views on Hybrid Securities.  We cover the outlook for interest rates and inflation in Australia and his opinion about the residential property market. This is a must listen to discussion with one of Australia’s emerging leaders. Compound your wisdom!