over9k
So I didn't tell my wife, but I...
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- 12 June 2020
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Someone has to have the voting rights?
Someone has to have the voting rights?I'll question whether a supposedly passive index fund trying to influence the activities of the underlying companies in the index really makes it still a passive index fund?
Doing that takes them at least one step away from the core concept in my view.
Hi all
looking to invest some of my super In vanguard vas and vgs and was wondering if it’s a good time now to invest?
Someone has to have the voting rights?
Just for info for new investorsAs I said, all investments must sit well with the person holding. With real estate it can be very labour intensive along with the lots of expenses. A hundred grand invested in a flat in 2002 is now worth around $400,000. Plus rent for those years at say average $250pw 13,000 a year multiplied by 17 years = 221,000. Minus body corp average 1000 pa, rates 700 pa water 400pa, repainting every decade $500 these of course, are all tax-deductible on an investment property. The rent can be put into the market by buying selected top 50 stocks which pay dividends or DRPs. There you have the beauty of diversification, chuck a bit of gold into the mix and you are pretty much good to go regardless of what the various markets are doing.
With returns like this,yes just celebrate.Ta @qldfrog for the heads up about XNT.
While it may be interesting (I haven't looked) and useful for others, as the SMSF returned an accounting gain of +11% for FY 2019-2020 and 44% for FY 2020-2021 without reference to the XNT or even involved itself with charting and all those arcane issues, I'll pass on insisting the Trustee, i.e. me, worrying about it - or much else for that matter, such as charting and tarot reading.
With returns like this,yes just celebrate.
Well done
I'm sure others have covered the issue, but Vanguard stated a couple of years ago, that they were going to stop being defacto fund managers for fund managers and restrict access for major superannuation and wealth management funds to their products.
Also as has been disclosed recently Vanguard is starting its own low cost super fund, I'm not sure if this has had the effect of reducing the number of major investors that @Ann was alluding to.
I currently don't have exposure to Vanguard, but am considering VHY.
My apologies, on a phone, makes the whole cross checking process awkward. Thanks for clarifying just wanted to make sure the issue was flagged.
Yorkshire actually and you know what they say us, Scotsmen with the charity removed. LolPossibly you have some Irish heritage to be sure, to be sure.
i'm not even sure what's going on with SYI - are they even tracking the index at all, or has the index simply changed that much between 30 nov and now:
ah yes , that pesky inflation factor , hasn't that been misused by many over the last 50 yearsWas going to answer @Belli but @divs4ever was faster XNT is actually what you were talking about: the dividends returns included.
This is indeed the right baseline..but for the fact it is not inflation corrected..and as you know 1000$ today is not exactly the same as $1000 in the 70's
that was probably good for me , as MQG is currently my largest direct holding , so reducing indirect exposure a little ...No it hasn't really but its Index Methodology required it to rebalance and remove Macquarie Group and ASX Ltd. It was announced to the market on 26 November. The announcement also has a link to the Index Methodology.
I won't buy any stocks or ETF's that don't pay dividends either. Whilst I totally understand the idea of putting it all back into the company and growing the said company I just don't like it or trust it.ah yes , that pesky inflation factor , hasn't that been misused by many over the last 50 years
and that is why i prefer to focus on divs ( and hope to resist inflation on the way ) i can't do much to control inflation , but i can tinker with the div. returns ( i get )
however others have different views , while i don't NEED to be one of a crowd , it is all good
If they're running a passive index fund then I wouldn't expect them to be voting at all.Does anyone think those organisations are going to sit quietly by and not let those who managing their funds know of their position on a number of issues when it comes to shareholder vote?
i do buy a few stocks that aren't paying divs. yet but they are less than 10% of my purchases , TUA for example , and i DRP most of my ETFs ( CURRENTLY) because i am trying to bulk up the portfolio getting ready for the inflation that is comingI won't buy any stocks or ETF's that don't pay dividends either. Whilst I totally understand the idea of putting it all back into the company and growing the said company I just don't like it or trust it.
When VHY pays my dividends every quarter, it is a seen dividend in real $$$ going straight into my super account. Then when the franking credits drop in also, it is the cream on the cake, a nice extra. No tax either as it's in pension phase, very nice.
now i was aware that SOME ETF managers were voting ( not just the two mentioned ) but there are hints , SOME are influencing company choices BEFORE the vote .. and the push towards ESG , 'ethical ' and ' climate friendly theme is a more obvious hint now in earlier years i held AEF ( and had a nice ride ) and they made their investing bias very clear , while other LICs focus on well-managed companies to invest , while some like SOL and SVW will put directors on the board to improve corporate decisionsIf they're running a passive index fund then I wouldn't expect them to be voting at all.
The point of a passive index fund is that it's not actively managed and is simply tracking the index with others making the decisions.
If the same company also runs actively managed funds then I see no problem with them exercising their vote in respect of the shares held in regard to those actively managed funds but for the index funds, being passive is the point of it.
| Ranked by the total value of Bell Direct client holdings on a daily basis or as at the last business day of the month. Total value is based on the closing price of the stock for the day or on the last trading day of the month. |
| 07 Jan 2022 ranking | 06 Jan 2022 ranking | ASX Code | Security Name | 07 Jan 2022 VWAP | LAST | |
|---|---|---|---|---|---|---|
| 1 | 1 | CBA | CWLTH BANK FPO | $102.086 | $102.65 | |
| 2 | 2 | CSL | CSL FPO | $285.562 | $282.40 | |
| 3 | 3 | NAB | NAT. BANK FPO | $29.348 | $29.42 | |
| 4 | 4 | BHP | BHP GROUP FPO | $43.09 | $43.73 | |
| 5 | 5 | MQG | MACQ GROUP FPO | $212.878 | $211.71 | |
| 6 | 6 | ANZ | ANZ BANK FPO | $28.11 | $28.40 | |
| 7 | 7 | FMG | FORTESCUE FPO | $20.067 | $20.37 | |
| 8 | 8 | AFI | AUS.FOUND. FPO | $8.576 | $8.53 | |
| 9 | 9 | ARG | ARGO FPO | $10.219 | $10.20 | |
| 10 | 10 | LYC | LYNAS FPO | $10.946 | $11.06 |
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