A
A |
B |
C |
D |
E |
F |
G |
H |
I |
J |
K |
L |
M |
N |
O |
P |
Q |
R |
S |
T |
U |
V |
W |
X |
Y |
Z
Accumulation Fund
A fund where the benefit received by the investor is determined by the contributions that have been invested plus the investment earnings, less any fees, taxes and insurance premiums.
A fund where the benefit received by the investor is determined by the contributions that have been invested plus the investment earnings, less any fees, taxes and insurance premiums.
Adviser Nomination Referral Fee
Professional Investment Services' growth and development strategy hinges on the internal referrals received from our existing accountants and advisers. In recognition of the commitment that referring individuals make to the company, we make available a referral fee equivalent to 10% of the commission split retained by Professional Investment Services for any new advisers who have joined us as a direct result of the initial referral and encouragement.
Professional Investment Services' growth and development strategy hinges on the internal referrals received from our existing accountants and advisers. In recognition of the commitment that referring individuals make to the company, we make available a referral fee equivalent to 10% of the commission split retained by Professional Investment Services for any new advisers who have joined us as a direct result of the initial referral and encouragement.
All Ordinaries Accumulation Index
A measurement of the average movements in share price of a selection of major Australian companies listed on the Australian Stock Exchange. It is an accumulation index, which means that it assumes that dividends have been reinvested.
A measurement of the average movements in share price of a selection of major Australian companies listed on the Australian Stock Exchange. It is an accumulation index, which means that it assumes that dividends have been reinvested.
Allocated Pension Or Annuity
A retirement income investment where an individual invests their superannuation money and receives an income payment periodically. The value of the account depends on the investment earnings and the amount of income taken less any fees or taxes. The capital is accessible and the income is set between Government minimums and maximums. Income will continue to be paid for as long as the account balance is greater than zero.
A retirement income investment where an individual invests their superannuation money and receives an income payment periodically. The value of the account depends on the investment earnings and the amount of income taken less any fees or taxes. The capital is accessible and the income is set between Government minimums and maximums. Income will continue to be paid for as long as the account balance is greater than zero.
Annuity
A regular income stream paid to an individual from a lump sum investment, usually for the purposes of generating a retirement income stream.
A regular income stream paid to an individual from a lump sum investment, usually for the purposes of generating a retirement income stream.
Application
To apply for an investment in a unit trust or managed fund and application must be signed and submitted.
To apply for an investment in a unit trust or managed fund and application must be signed and submitted.
Application Price
The price per unit or share of an investment in which applications are made.
The price per unit or share of an investment in which applications are made.
Appreciation
The increase in the value of an asset.
The increase in the value of an asset.
Approved Deposit Fund (ADF)
A concessionally taxed investment fund for superannuation monies. Similar to a superannuation fund, however an ADF can only accept ETPs (eligible termination payments) and cannot allow contributions. For this reason superannuation funds have become more popular.
A concessionally taxed investment fund for superannuation monies. Similar to a superannuation fund, however an ADF can only accept ETPs (eligible termination payments) and cannot allow contributions. For this reason superannuation funds have become more popular.
Approved Product List
Members of the Group have access to our Approved Product List, which can be found on the adviser section of the PIS website. Professional Investment Holdings provides one of the most comprehensive Approved Product Lists, which has over 1,000 products making up a stable of available investments that our advisers can recommend. Research of these and other available products is an ongoing enterprise.
Members of the Group have access to our Approved Product List, which can be found on the adviser section of the PIS website. Professional Investment Holdings provides one of the most comprehensive Approved Product Lists, which has over 1,000 products making up a stable of available investments that our advisers can recommend. Research of these and other available products is an ongoing enterprise.
Asset Allocation
A representation of how a portfolio is invested among the various available asset classes eg a balanced fund may have an asset allocation of 30% Australian shares, 25% international shares, 10% property, 20% fixed interest, 10% international fixed interest and 5% cash.
A representation of how a portfolio is invested among the various available asset classes eg a balanced fund may have an asset allocation of 30% Australian shares, 25% international shares, 10% property, 20% fixed interest, 10% international fixed interest and 5% cash.
Asset Classes
The range of financial securities, such as shares, bonds, property and cash.
The range of financial securities, such as shares, bonds, property and cash.
Asset Purchase (Leasing)
Assets are technically hired to the user until the last payment of the agreement, at which point the user, referred to as the hirer, becomes the outright owner. Depending on business usage, the interest portion of the regular repayments and depreciation can be claimed as tax deductions. Flexibility of the structure is an attractive feature. No minimum lump sum payment (balloon) at the end of an asset purchase agreement. Maximums are the same as for lease residual amounts and are set down by the ATO.
Assets are technically hired to the user until the last payment of the agreement, at which point the user, referred to as the hirer, becomes the outright owner. Depending on business usage, the interest portion of the regular repayments and depreciation can be claimed as tax deductions. Flexibility of the structure is an attractive feature. No minimum lump sum payment (balloon) at the end of an asset purchase agreement. Maximums are the same as for lease residual amounts and are set down by the ATO.
Asset Value
The value of assets underpinning a security. These may not be fully reflected in the price of a security.
The value of assets underpinning a security. These may not be fully reflected in the price of a security.