Austock Life Imputation Bonds
Imputation Bonds innovatively combine the long
established benefits of an insurance bond with a modern,
re-engineered investment platform. They are:
- long-term investments for accumulating "Tax-Paid
lump sums - ideal for meeting "life-event" investment
objectives, such as education funding, estate planning, home
ownership, or as an accessible alternative to superannuation;
and
- growth accumulation investments - the Bonds do
not annually distribute taxable income or taxable capital gains to
you - instead, all investment gains (both income and capital) in
the Bond's Investment Portfolios are automatically reinvested
without personal tax impact.
Our Core Proposition to Investors
The true test of an investment is whether it increases your
wealth after taxation, after inflation and after fees - it's what
it delivers in your hands that really counts.
If you're a higher taxed investor and your investment strategy
involves using Managed Funds, then you (or your Financial Adviser)
should consider the product structure that can yield you the best
"after-tax" investment performance.
Best Suited Investors
Imputation Bonds are suitable for investors
seeking a tax-effective investment over a long-term time-frame.
They are ideal for accumulating a Tax-Paid lump sum for a specific
objective or to build an investment nest-egg to draw down over a
future period. (See ‘Strategies and Uses’ section.)
They are especially helpful for investors with
personal Marginal Tax Rates (MTRs) above 30%. It can often be
overlooked that many investors have MTRs of over 40% applying to
each incremental dollar of investment income.
Click here for more information about
Imputation Bonds.
Click
here to find out more about the Investment and Taxation
Structure Benefits.
Quick Facts
| Plan Options |
- Lump Sum Plans and Savings Plans
|
| Unit Pricing |
- Daily for the 25 Investment Portfolios
|
| Investment Maturity Events |
Two maturity events make Investment Benefits payable:
- your selected investment term (1-99 years) ends, or
- if the Bond's 'Life Insured" dies before the selected
Investment Term ends
|
| Withdrawals and Switching |
- At any time (usually processed within 14 business days)
|
| Ownership Options |
- Individuals (joint) & children
- Companies and trusts
|
| Bond Transfers |
- At any time (usually without personal tax or CGT)
|
| Estate Planning |
- Bond Nominations (individual & entities)
- Life Insured feature
|
| Children's Advancement Bonds |
- Set Bond ownership to vest in a child between ages 10 to 25 for
education or endowment purposes
|
| Borrowing & Gearing Facilities |
- Use a Bond's borrowing capacity as loan security
|
How to Invest
Applications to invest can only be made on the application form
accompanying the Product Disclosure Statement (PDS) for the
Austock Life Imputation Bond.
Download PDS
Please click
here to download the PDS for the Austock Life Imputation
Bond. |