Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy
You can access both of our platforms from a single Saxo account.
Setting an SMSF investment strategy
SMSF
Saxo Markets
Summary: An investment strategy for your self-managed superannuation fund (SMSF) is not only prudent in practice but required under Australian superannuation law.
The strategy should outline the SMSF’s plan for making, holding and realising assets consistent with overarching investment objectives. In other words, the plan should explain how SMSF trustees will invest the money in the fund – and why this approach has been taken.
The investment strategy may take into account:
- The age of SMSF members;
- The employment status of SMSF members;
- Members’ specific retirement needs.
It should also consider:
- The likely investment returns following from the strategy, and any associated risks;
- The composition of the fund, and its approach to investment diversification;
- The liquidity of the SMSF’s assets;
- Insurance-related expenses for each SMSF member.
As noted by the Australian Taxation Office, the asset allocation within the SMSF “should support and reflect your articulated investment approach towards achieving your retirement goals”. Investment decisions must also align with the SMSF’s trust deed, and meet the “sole purpose test” of existing solely to provide retirement benefits to members.
Superannuation law also requires that the SMSF trustee regularly reviews (at least annually) the fund’s investment strategy, ensuring it remains fit for purpose and corresponds with the fund’s specified retirement goals. Reviews may be required when market conditions change, members join or depart the fund, or members begin to receive a pension.
Each year, the SMSF’s auditor will also consider whether the fund’s investment strategy meets the minimum requirements under superannuation law.
Latest Market Insights
Quarterly Outlook
-
-
Quarterly Outlook
Equity Outlook: Will lower rates lift all boats in equities?
Peter Garnry
Chief Investment Strategist
After a period of historically high equity index concentration driven by the 'Magnificent Seven' sto... -
Quarterly Outlook
FX Outlook: USD in limbo amid political and policy jitters
Charu Chanana
Chief Investment Strategist
As we enter the final quarter of 2024, currency markets are set for heightened turbulence due to US ... -
Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
The Fed started the US rate cut cycle in Q3 and in this macro outlook we will explore how the rate c... -
Quarterly Outlook
Commodity Outlook: Gold and silver continue to shine bright
Ole Hansen
Head of Commodity Strategy
-
Quarterly Outlook
FX: Risk-on currencies to surge against havens
Charu Chanana
Chief Investment Strategist
Explore the outlook for USD, AUD, NZD, and EM carry trades as risk-on currencies are set to outperfo... -
Quarterly Outlook
Equities: Are we blowing bubbles again
Peter Garnry
Chief Investment Strategist
Explore key trends and opportunities in European equities and electrification theme as market dynami... -
Quarterly Outlook
Macro: Sandcastle economics
Peter Garnry
Chief Investment Strategist
Explore the "two-lane economy," European equities, energy commodities, and the impact of US fiscal p... -
Quarterly Outlook
Bonds: What to do until inflation stabilises
Althea Spinozzi
Head of Fixed Income Strategy
Discover strategies for managing bonds as US and European yields remain rangebound due to uncertain ... -
Quarterly Outlook
Commodities: Energy and grains in focus as metals pause
Ole Hansen
Head of Commodity Strategy
Energy and grains to shine as metals pause. Discover key trends and market drivers for commodities i...
Disclaimer