Online investment list

NGS Self-Managed - online investment list

This list is correct as at March 2016. Please note that limits are applied at the time of purchase.

NGS Self-Managed – Online investment list

This list is correct as at March 2016. Please note that limits are applied at the time of purchase.

 ASX code

Name  

Maximum percentage of your total super (or pension) balance that can be invested in a single security

Shares
  S&P/ASX 300 – refer to ASX website at www.asx.com.au for current list and trading codes 20%
Exchange Traded Funds (ETFs)
The following table lists ETFs provided in six areas: Australian shares, international shares, emerging markets, listed property, fixed income and commodities.
Australian Shares
IHD iShares S&P/ASX High Dividend 80%
ILC iShares S&P/ASX 20 80%
IOZ iShares MSCI Australia 200 80%
VAS Vanguard Australian Shares Index 80%
VHY Vanguard Australian Shares High Yield 80%
VLC Vanguard MSCI Australian Large Companies Index  80%
VSO Vanguard MSCI Australian Small Companies Index  80%
International Shares
IAA iShares Asia 50    80%
IEU iShares S&P Europe  80%
IJH iShares Core S&P Mid-Cap  80%
IOO iShares Global 100  80%
IRU iShares Russell 2000  80%
IVE iShares MSCI EAFE  80%
IVV iShares Core S&P 500  80%
IXI iShares Global Consumer Staples  80%
VEU Vanguard All-World ex-US Shares  80%
VGAD Vanguard MSCI Index International Shares (Hedged)  80%
VGS Vanguard MSCI Index International Shares  80%
VTS Vanguard US Total Market Shares  80%
WXHG SPDR S&P World ex-Australia (Hedged) Fund  80%
Emerging Markets
IEM iShares MSCI Emerging Markets   80%
Listed Property
VAP Vanguard Australian Property Securities Index 80%
Fixed Income
RSM Russell Australian Semi-Government Bond 80%
VAF Vanguard Australian Fixed Interest Index 80%
VGB Vanguard Australian Government Bond Index 80%
Commodities
GOLD  ETFS Gold  80%
Term Deposits
The following table lists term deposits provided by ANZ, ME Bank, Macquarie Bank and National Australia Bank Limited (NAB) Term deposit providers may have maximum limits. Refer to the term deposit terms and conditions, which are available  through your  Member Online account, for further information.
ANZ – 1 month
ME Bank – 1 month
Macquarie Bank  – 1 month
National Australia Bank Limited (NAB) – 1 month
ANZ – 3 months
ME Bank – 3 months
Macquarie Bank  – 3 months
National Australia Bank Limited (NAB) – 3 months
ANZ – 6 months
ME Bank – 6 months
Macquarie Bank  – 6 months
National Australia Bank Limited (NAB) – 6 months
ANZ – 12 months
ME Bank – 12 months
Macquarie Bank  – 12 months
National Australia Bank Limited (NAB) –  12 months
Term deposit break fees
ANZ – Any request to withdraw a ANZ Term Deposit before the agreed maturity date will be subject to the approval of ANZ and will result in an interest rate reduction based on the percentage of the original Term Deposit and term remaining.

Percentage of TD term remaining

Interest rate reduction on amount withdrawn

0 to less than 20% 20%
20 to less than 40% 40%
40 to less than 60% 60%
60 to less than 80% 80%
80 to less than 100% 90%
ME Bank – Any request to withdraw a ME Bank Term Deposit before the agreed maturity date will be subject to the approval of ME Bank and will result in an interest rate reduction based on the percentage of the original Term Deposit term that has elapsed.

Percentage of TD term elapsed

Interest rate reduction on amount withdrawn

0 to less than 20% 90%
20 to less than 40% 80%
40 to less than 60% 60%
60 to less than 80% 40%
80 to less than 100% 20%
Macquarie  Bank – The interest adjustment is currently 25% of earned interest and will be deducted from the interest paid to your NGS Self-Managed Cash  Account. For example, if you have a $100,000 Term Deposit invested at 5.00%p.a. for a term of 90 days and you terminate the Term Deposit 65 days into the term, then $222.60 will be deducted from the interest paid to you. This calculation is as follows: $100,000 x 5.00% x (65/365) x 25% =  $222.60.
National Australia Bank Limited (NAB) – Any request to break a NAB Term Deposit before the agreed maturity will be subject to the approval of NAB and will result in reduced interest generated on that term deposit.
What is early repayment?
Where you request an early withdrawal of the term deposit prior to the agreed maturity, NAB will reduce the interest generated on the term deposit.

NAB will calculate the reduction in interest based on the proportion of the term remaining according to the percentages shown below:

Percentage of TD term remaining Percentage of interest paid
0 to less than 20% 80%
20 to less than 40% 60%
40 to less than 60% 40%
60 to less than 80% 20%
80 to less than 100% 10%

Here’s an example of how NAB calcluates its reasonable cost:

  • John opens a $100,000 NAB Term Deposit for 12 months at 4% pa
  • after three months John request early withdrawal
  • since John held the Term Deposit for 3 months the percentage of term remaining falls into the category of ’60 to get than 80% which reduces the interest to 20% of the original rate of 4%, i.e 0.8%
  • the calculation is therefore $100,000 x 0.8% pa – $800.00.

 

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