Asgard Elements
Important note
Asgard Elements Super/Pension and Asgard Elements - Investment are no longer available to new clients since 5 December 2021. Existing clients are not impacted by the closure and will continue to have access to the current features and functionality of the products.
More about Asgard Elements - Super/Pension
Other features of your Asgard Elements Super Account include:
Transfer from Super to Pension
You can easily transfer part or all of your benefits from an Asgard Elements Super Account to a tax-effective Asgard Elements Allocated Pension Account.
We can transfer eligible investments without selling them, which means there is no disposal for capital gains tax purposes (Super Account only) and no charges associated with buying and selling investments. For the conditions that apply to these transfers refer to the Asgard Elements Super/Pension PDS.
Choice of Fund
Your Elements Super Account is part of a complying super fund under ‘Choice of Fund’ legislation. We can accept any Superannuation Guarantee contributions that you may ask your employer to pay us (if you’re eligible).
Elements Pension Accounts
Other features of your Asgard Elements Pension Accounts include:
Access to benefits
- Allocated Pension Account - with an allocated pension you can adjust the amount of your regular pension payments to suit your needs*. You can also choose the frequency of your pension payments and you can take all or part of your benefits as a lump sum payment.
*Note: This depends upon how much money you have in your Account and is subject to limits set by legislation.
Tax credits
Investment earnings in Elements Pension Accounts are free of tax. You should also receive the full value of any available franking credits on the investments that fund your pension.
Transfers between Pensions
You can transfer part or all of your benefits from an existing Asgard Elements Allocated Pension Account to another Asgard Elements Allocated Pension Account without selling down your managed investments. This can eliminate transfer costs.
- Allocated Pension Account - with an allocated pension you can adjust the amount of your regular pension payments to suit your needs*. You can also choose the frequency of your pension payments and you can take all or part of your benefits as a lump sum payment.
Investment options
With Elements you can invest with some of the most recognised investment brands in the industry. The Elements investment options make up a concentrated, quality-focused investment menu, designed so you can tailor your portfolio to your investment needs and make investing easy.
Investment philosophy
Asgard Elements aims to provide you with:
- superior managers across each asset sector and
- reduced risk through sector, manager and investment style diversification.
Flexibility and choice
Asgard Elements gives you the flexibility to choose any combination of the diversified and sector multi-manager funds or single-manager funds. This ensures you’re able to achieve a portfolio of investments suitable for your needs.
Your mix of investments will depend on what you and your financial adviser decide is best for you, taking into account your personal and financial goals and an appropriate investment risk profile. How involved you want to be is up to you. You can actively participate in managing your investment profile with your financial adviser or just ‘set and forget’.
Your financial adviser can also switch your investments at any time, quickly and easily, as your financial or lifestyle needs change.
Investment menu
Sound historical performance and investment grade ratings are the primary criteria for choosing fund managers for the Asgard Elements menu.
The menu is made up of five diversified multi-manager funds, six sector multi-manager funds and 50 single-manager funds. Each of the multi-manager funds comprises a number of professional investment managers selected for their expertise in a particular sector.
Investment performance
Keep an eye on your investments by reading our Investment Monthly which contains performance and asset allocation information. The monthly report is available on Investor Online.
Insurance
To help protect your lifestyle and investments in the event of a personal crisis, Asgard offers a range of insurance options available through Super.
These include:
- Salary Continuance
- Life Protection
- Total & Permanent Disablement (TPD)
Insurance options are available through:
- AIA Australia - Priority Protection for Platform Investors
Premiums for insurance can be paid directly from your Cash Account.
Regular deposit plan
A Regular Deposit Plan makes it easy for you to make deposits to your Asgard Elements Account.
For as little as $100 per month you can make regular deposits into your Account and keep accumulating wealth in a more disciplined way.
Simply choose how much you want to invest, how often you want to make deposits and for how long.
Remember, the sooner you start the easier it will be to reach your financial goals.
Auto-rebalancing facility
Despite sounding like something your mechanic might do for you, this facility ensures that your investment profile is automatically maintained on either a quarterly, half-yearly or annual basis.
This means you don’t need to constantly monitor your investments or send your adviser manual investment instructions.
How auto-rebalancing works
Over time, the investments in your account will change in value at different rates until they no longer represent the investment profile that you originally established with your financial adviser. Since your original investment profile was carefully constructed to meet your financial goals, it’s important to rebalance your portfolio back to its original agreed proportions. The Elements unique auto-rebalancing facility ensures that your investment profile is automatically maintained on a quarterly, half-yearly or annual basis, so that you don’t need to constantly monitor your investments or send in investment instructions.
Borrowing to invest
With Asgard Elements - Investment, you are able to use a number of margin lending providers to borrow money to invest through your Account. This is called ‘gearing’ and it’s a powerful tool for wealth creation that can help you meet a range of investment objectives.
Gearing can enhance the after-tax return you receive on your investments, enhancing the total value of your investments over time. Conversely, if your investments perform poorly, you have the potential for losses. You should speak with your financial adviser to help decide if this strategy is right for you.
Disclosure documents
Target Market Determinations for these products are available at bt.com.au/tmd
Asgard Elements Investment
Asgard Elements - Investment PDS
Asgard Elements - Investment - List of available investment optionsAsgard Elements Super/Pension
Asgard Elements - Super/Pension PDS
Asgard Elements - Super/Pension - List of available investment optionsFees
With Elements, you pay a simple, flat Administration fee – this fee and any fees that you pay your financial adviser are negotiated directly between you and your financial adviser. The Investment fees you pay depend on the managed investments you choose for your portfolio and we’ve negotiated great pricing for you with the investment managers on the investment menu. It doesn’t get much easier than this. For a full explanation of the fees that may apply, speak to your financial adviser or see the Asgard Elements Product Disclosure Statement.
The table below shows the fees related to Elements. For a full explanation of the fees that may apply to your Asgard Elements Account, speak to your financial adviser or read the Product Disclosure Statements for Asgard Elements Investment or Asgard Elements Super/Pension
For a full explanation of the fees that may apply to your Asgard Elements Account, speak to your financial adviser or read the Product Disclosure Statements for Asgard Elements Investment or Asgard Elements Super/Pension.
Keeping you informed
Consolidated reports
Your Asgard Elements Account consolidates all the transactions from different investment managers into one easy-to-read report.
You also receive a detailed Annual Investor Report each financial year, giving you a comprehensive but simple snapshot of your assets.
24 hour online access
You can also view your personal Account details 24 hours a day, 7 days a week by logging onto Investor Online at http://www.investoronline.info.
Speak to a real person - locally!
If you’re having trouble finding the information you need online, we’re here to assist you with any questions you might have. So, if you prefer speaking with real people, based locally, call us on 1800 998 185.
Awards
When you invest in Elements, you’re investing with Australia’s most awarded investment platform. You can be confident that you’ll receive the very best of service. Speak to your financial adviser about how Elements can make investing easy and free your time for other important things.