More Funds & New Medical Insurance

We are pleased to announce the addition of some new products to the Affinity range. These have been selected as they are considered the best in their class.

    1.  FUND OF HEDGE FUNDS
    2.  AUSTRALIAN MORTGAGE FUND
    3.  INTERNATIONAL MEDICAL INSURANCE

  FUNDS OF HEDGE FUNDS

Consistent with our strategy of recommending fund of funds we have added these funds of hedge funds for lump sum investors as a sensible diversification alongside equity fund of funds, fixed income securities and property.

Infiniti Capital run 3 funds at different risk levels using over 200 of the best hedge fund managers, selected from the total pool of over 5000 hedge funds. They have been doing this since 1999 with considerable success, showing consistent growth with low volatility.  They started out managing the personal money of one of the wealthiest families in Germany and then expanded this to other high net worth individuals and institutions.  Now the funds have been opened to anyone investing $50,000 or more.  Infiniti Capital claim to be the first fund manager that does not charge a fixed fee.  Such is their confidence in their results that they only charge a performance fee. If the investor is not making money, nor is the fund manager. There are 3 funds (each with a minimum of $50,000):

SECURITY   -  low risk, alternative to cash deposits, somewhere to "lock-in" profits from other investments.
                      average return: 10.3% per annum with 3,4% volatility

GROWTH     -  medium risk, moderately aggressive fund
                      average return: 20.2% per annum with 6.4% volatility

MOMENTUM - reasonably speculative
                      average return: 25.6% per annum with 8.6% volatility

An investment of $50,000 or more in each fund would have seen an average annual growth of 17.3% over the past 5.25 years.

These funds provide a sensible diversification alongside equity funds and other investments.

Mortgage Income Fund

With Australian property prices declining, many clients are selling their investment properties and have asked us for somewhere to deposit their AUD until the market picks up. If you have Australian dollars sitting on deposit and want a better return for the short to medium term, then this could be for you. Rated by Morningstar (the main independent international fund analysis and reporting company) as the best income fund in Australia, this fund lends money to commercial organisations for short fixed interest loans, secured against property. It is not dependent upon property prices for its returns and never lends more than 60% of the valuation of the security offered.

Australian 3 year Government Bond pays 5.4% effective rate
Westpac & HSBC pay 5% for 12 month term deposit effective rate
There is a withholding tax for non residents of 10%

The "At Call" fund is only available through a portfolio bond or institution and cannot be entered directly by retail investors, unless you deposit over A$1 million.

Click here for more information and the factsheets

  Medical Insurance

Aviva is the new name for the old CGNU, formed as a result of the merger of Commercial Union, General Accident and Norwich Union in the UK. They are launching a range of offshore products based in Singapore, rather than the Isle of Man or Channel Islands.

Their medical insurance is a new product designed to be competitive with the market leaders. There are 2 versions, one that covers you world-wide and another that excludes North America. Once started, the cover can be continued until age 65 regardless of health. It can also be taken back with you to most home countries. We recommend you check out their costs in comparison to your own insurance. They will also set up company schemes.

Click here for access to their brochure and prices

If you would like any more information please contact us