NGS Self-Managed – Online investment list
This list is correct as at 15 December 2017. Please note that limits are applied at the time of purchase.
What investments are available through NGS Self-Managed?
NGS Self-Managed – Online investment list
This list is correct as at 15 December 2017. Please note that limits are applied at the time of purchase.
Shares
| ASX code | Name | Max Percentage* |
|---|---|---|
| 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 tables lists ETFs provided in six areas: Australian shares, international shares, emerging markets, listed property, fixed income and commodities.
Australian Shares
| ASX code | Name | Max Percentage* |
|---|---|---|
| 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
| ASX code | Name | Max Percentage* |
|---|---|---|
| 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
| ASX code | Name | Max Percentage* |
|---|---|---|
| IEM | iShares MSCI Emerging Markets | 80% |
Listed Property
| ASX code | Name | Max Percentage* |
|---|---|---|
| VAP | Vanguard Australian Property Securities Index | 80% |
Fixed Income
| ASX code | Name | Max Percentage* |
|---|---|---|
| RSM | Russell Australian Semi-Government Bond | 80% |
| VAF | Vanguard Australian Fixed Interest Index | 80% |
| VGB | Vanguard Australian Government Bond Index | 80% |
Commodities
| ASX code | Name | Max Percentage* |
|---|---|---|
| GOLD | EFTS Gold | 80% |
*Max Percentage - Maximum percentage of your total Accumulation, Transition to retirement or Income account balance that can be invested in a single security
Term Deposits
The following table lists term deposits provided by ANZ, ME Bank, Macquarie Bank and National Australia Bank Limited (NAB).
| Term Deposit |
|---|
| 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 |
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.
Term deposit break fees
ANZ
Any request to withdraw an 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 an ME Bank Term Deposit before the agreed maturity date will be subject to the approval of ME Bank and you providing 31 days’ notice to ME Bank. It will result in an interest rate reduction based on the percentage of the original Term Deposit term that has elapsed.
| Percentage of TD term remaining | 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 | Interest rate reduction on amount withdrawn |
|---|---|
| 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 6 months at 4% pa
after four months John request early withdrawal
since John held the Term Deposit for 4 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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