Your Wealth

Self-managed superannuation funds make up 30% of the $2.3 trillion total superannuation pool and there are more than 1.1 million SMSF members, according to the Australian Taxation Office. From gearing to renting out vintage wedding cars, SMSFs offer investors the ability to deploy a wide variety of investment strategies and the structure provides various tax and other benefits. However, investors need to understand the complexities and obligations involved in running an SMSF. ----more---- In this episode of Your Wealth, Gemma Dale talks to Peter Hogan, Head of Technical at the SMSF Association, about: Investment strategies available to SMSFs, The proposed change to the maximum number of SMSF trustees and members, What to be cautious of when borrowing inside an SMSF, In specie transfers and contributions, and How SMSFs can be used to introduce kids to investing. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

With the Asian region expected to host 4 of the world’s 5 largest economies in less than 12 years, investors are starting to take note of our northern neighbours. Despite the fierce growth and positive demographics of the Asian region, global indices under-represent its key markets, and most Australian investors have little to no exposure at all. ----more---- In the latest episode of Your Wealth, Dr Mary Manning of Ellerston Asian Investments talks to Gemma Dale about why she believes Asia is the best structural growth story on earth, and covers such diverse topics as: Asian vs US tech megacaps: why MAGA is the new FANG, and STAT is the new MAGA Why India is her top pick of Asian sharemarkets, delivering 1300% returns over the last 25 years How to access the rise of the Chinese consumer and over 1bn Asian millennials, and The potential impact of trade talks and tariffs on longer term valuations. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

Former Financial Review journalist Bianca Hartge-Hazelman created the Women’s Index in 2017 to track women’s financial progress over time – the wage gap, tertiary enrolments, board representation and more. The data isn’t positive – in one telling statistic, women in Australia retire with just 73% the superannuation balance of men, despite living an average of four years longer. ----more---- In this episode of Your Wealth, Gemma Dale interviews Bianca about: The unique life experiences that affect women’s ability to create and grow wealth, Structural and policy challenges for women and those taking breaks from the workforce, Why women’s financial opportunities matter to men, businesses and the economy, and Ways to minimise the impact of gender roadblocks on yourself, your wife, your daughters and employees. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

The growth of technology stocks over the last decade has completely reshaped investment markets, and investor returns - the technology-based NASDAQ index is up an astonishing 240% over 10 years, while the tech-lite ASX200 still languishes below its pre GFC highs. The technology sector itself, however, is diverse and complex, ranging from producers of core components to disruptive innovators. ----more---- In this episode of Your Wealth, Gemma Dale speaks to Alex Barbi, Portfolio Manager of the Platinum International Technology Fund, which has focussed purely on global technology opportunities since its inception in 2000. Over the ensuing 18 years, Alex has experienced the ups and downs of a rapidly developing market, and shares his insights regarding: The key trends that have driven the rise of technological dominance for both industry and consumers, Specific mega-caps and smaller tech companies that he believes still offer upside, The outlook for the FANG stocks, including saturation and regulatory risk, and How to break down the technology sector to find value and invest for the long term. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

With the official cash rate at just 1.5% for the past two years, many Australians have become used to historically low rates on their mortgages – and their deposits. In addition, at the peak, 40% of all home lending in Australia was originated on interest only terms. Warnings of rising rates may feel overblown as the RBA maintains a neutral stance, and yet the funding pressures on lenders are increasing. So what does this mean for your portfolio? ----more---- In this episode of Your Wealth, Gemma Dale speaks to InvestSmart Chief Market Strategist Evan Lucas about the outlook for rates in Australia, and such considerations as: Whether the RBA’s next move is likely to be up or down, and how soon this move is likely to occur, The impact of international central banks and global funding costs on your mortgage and deposit rates, The outlook for consumption and markets in a rising rate market, and How the move to principal and interest, among other factors, will impact markets and shares such as banks. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

In a recent podcast, a respected investment strategist said that increasing downside risks were forcing him to allocate a proportion of his investment portfolio to gold – and he hates gold! So what can precious metals offer your portfolio? ----more---- In this podcast, Gemma Dale speaks to ETF Securities’ Kris Walesby about the history of precious metals, and what role they can play in a portfolio, including: How gold and silver tend to perform during different market cycles, The gold/silver ratio and what it can tell you about valuations, The demand and supply factors affecting platinum and palladium, such as industry usage, and How to access each asset in a diversified portfolio. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

Appetite for ethical and sustainable investments has increased dramatically in recent years, as investors increasingly seek to avoid harmful corporate behaviour and support positive industries such as renewable energy and green alternatives to traditional waste management. While there are some universal values to which investors subscribe (such as avoiding modern slavery and cluster munitions, for example), however, the range of ethical investment choices can seem infinite to the uninitiated. ----more---- To help you understand ways you can invest with an ethical focus, Gemma Dale interviews Simon O’Connor, CEO of the Responsible Investment Association of Australasia, demystifying the jargon and covering such issues as: Whether investing with an ethical lens reduces your portfolio return, How to align your portfolio with your own personal values, Simple ways to introduce ethical, social and governance (ESG) factors to your investing decisions, Real examples of ESG done well – and poorly, and Hard-headed reasons to pay attention to sustainability issues, even if you’re not passionate about the cause. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

Most investors understand the principle that diversification reduces risk and potentially improves returns in a well-constructed investment portfolio. Yet when the whole of Asia ex-Japan represents approximately 2% of the MSCI World Index (according to MSCI data as at June 2018), are they really getting access to the opportunities they’re looking for? ----more---- In the latest episode of Your Wealth, Gemma Dale talks to Blackrock’s Blair Hannon about the world of opportunities available to investors, and how to avoid some of the pitfalls, including: Sector concentration risks in the domestic market, How and why diversification can help protect your portfolio, What you are really buying when you invest in an index tracking product, and  How to access opportunities that are not yet well represented in the major indices. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

Small and mid-cap companies are often overlooked by investors, as the information available to assist with investment decisions, can often be harder to find when compared with those companies in the ASX top 50.  Yet many small and mid-cap stocks offer long-term growth opportunities that may exceed the mature investments that dominate investor portfolios. ----more---- In our latest episode of Your Wealth, Gemma Dale interviews Simon Herrmann of investment research provider Wise-owl about some of his investing insights, including: Why contrarian investing for small caps doesn’t work, The stock he bought that did nothing for five years - then increased 10 fold, How to assess value in companies that are not well covered, His current buying ideas, and His 5 step process for investing outside the top 50. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

US markets have rallied strongly in recent years, shrugging off concerns about over-valuation and stretched fundamentals. The US economy is showing strong signs of growth also, buoyed by a decade-long period of low interest rates, huge tax cuts and Trump’s protectionist policy announcements. So are all lights turning green? Or will tapering and tariffs present headwinds that clash with tailwinds from Republican fiscal policy? ----more---- In this timely podcast, Evan Lucas, Chief Investment Strategist for InvestSmart, discusses whether this is an inflection point for the US market and the globe, and expands on: The current signal that has predicted a US recession with nearly 100% accuracy over the last 100 years, Why neither textbooks nor history books have prepared us for the current scenario, The likely implications of macro economic factors for Australian investors, and The surprising asset he’s adding to his own portfolio right now. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.   The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au

Investors have generally been rewarded for holding – and sticking with – growth stocks throughout FY18, with the ASX delivering another year of strong portfolio returns. Many valuations look stretched, however, and headwinds are facing many popular stocks and sectors. ----more---- As the new financial year presents an opportunity to review your strategy, veteran market commentator Paul Rickard talks with Gemma Dale about: His views on current value in the Australian sharemarket, Three stocks worth buying at current prices, What to do with CSL and other highly valued blue chips, and What to look for in the financial year ahead. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.   The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au

The collapse of Lehman Brothers in 2008 is often seen as the catalyst for the Global Financial Crisis, which wiped trillions of dollars from global markets and shook confidence in financial systems across the world. According to veteran investor and commentator Graham Hand, the GFC actually started a year earlier in the global credit markets, but the equity markets ignored it. With hindsight, everyone had the chance to exit shares at elevated prices with plenty of notice, as the credit markets were screaming for all to see, in every part of the world. ----more---- As Graham tells Gemma Dale, panic hit the multi-billion dollar borrowing programme he was managing a full 13 months before the Lehman crisis. In this fascinating and timely podcast, Graham discusses: How global funding markets effectively closed overnight, never to re-open The warning signs as a subprime debt crisis swept across the Atlantic How equity markets ignored the signals for over 12 months before collapsing, and What he learned, including steps he takes to protect his investments from similar risks in the future. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.   The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au

End of financial year is a common time for people to think about gearing – the potential deductibility of a year’s worth of interest cost can reduce your tax while borrowing to invest can boost your returns. This strategy is not without risk, however, and understanding the implications of both the strategy and the structures you use is critical. ----more---- In this timely podcast, Gemma Dale interviews Craig Saunders, lending expert and nab Head of Margin Lending Sales, about the issues you need to consider including: Whether borrowing to invest could be right for you Positive vs negative gearing The importance of getting your loan structure right How to avoid margin calls, and The impact of tax on your borrowing strategy. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.   The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au

The end of the financial year offers an ideal opportunity to review your financial position, and to take advantage of tax concessions and strategies that are offered to help you grow and protect your wealth. This year offers significant new benefits for many investors, as well as pitfalls to avoid, so the time to prepare is now. ----more---- In this timely podcast, Gemma Dale interviews personal finance expert Katie Whiffen about the range of strategies you could consider prior to 30 June 2018, including: What to look for when reviewing your portfolio, Tax deductions of up to $20,000 for business assets, Deductions of up to $25,000 for super contributions, even if you’re an employee, How to get a 50% guaranteed return on your super contribution, and Strategies to ensure every member of your family benefits this financial year. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.   The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au

With a decade of record-low interest rates, retail investors have previously steered away from the bond market and have focused their capital on equity markets. Now that the Federal Reserve has announced a rise in rates, should we be worried? Considering the current level of global household debt, a small rise in rates could have a dramatic impact on the Australian and global economies.  ----more---- Gemma Dale interviews Mark Todd, Head of Customer Direct at NAB to discuss the current state of the Australian bond market and his view on: What the Australian and global bond market is currently looking like How record-low rates are impacting global debt The implications of rising U.S. rates for equity markets, and How you can take action to protect your wealth from an increase in rates.   You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.   The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au