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ETFs and asset allocation

One member looks at European-focused ETFs, while another discusses asset allocation.
By · 18 Sep 2013
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European-focused ETFs

Can you please advise if there are any ASX-listed European share exchange-traded funds, in particular financials?

Many thanks

RW

Editor’s response: Thanks for your letter. There is currently just one Europe-specific share ETF listed on the ASX: iShares S&P Europe (IEU) ETF.

Asset allocation

Are there any recent articles that have focused on the appropriate asset allocation at different stages of life, such as the percentage allocation to shares, fixed interest and cash? I am 63.

DM

Editor’s response: Thanks for your letter. Eureka Report’s Monday edition is now dedicated to portfolio construction and asset allocation. I think you would find Doug Turek’s articles of interest, given his regular focus on the subject of asset allocation. To read Doug’s articles, go to The Team on our home page navigation and select Doug Turek.

Franking credits and account-based pensions

In the case of a SMSF that has an accumulation component and an account based pension, can franking credits that are generated from assets that support the tax exempt income of the account based pension be applied to the fund as a whole to offset the fund's assessable income?

BV

Editor’s response: Yes, when franking credits are generated from assets that support the tax exempt income of the account-based pension, they can be applied to the fund as a whole, but if in doubt, check with your financial adviser for advice specific to your needs.

Dividends demystified

I am new to trading and would like some clarification on dividends: is it true that I only have to be the registered owner of the shares on ex-dividend day? - that in effect I can sell the shares the next day and still collect the dividend?

In addition, thanks for the Eureka Report - it always contains invaluable advice and direction.

JH

Editor’s response: Thanks for your letter. Dividends are paid to the holder of the shares, as specified on the share register, on the day before the ex-dividend date.

Super-funded infrastructure

I think we should be tapping into the $1.5 trillion in superannuation funds to build the infrastructure we need for our cities now. The government could give tax breaks to the super funds for investing in infrastructure.

Name withheld

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