Then out of left field along comes a virus
Published 17 March 2020
As the rate of COVID-19 (coronavirus) cases rises at an alarming rate across the globe the uncertainty about the economic consequences has hit share markets hard. Here’s our assessment of what’s happening and our investment view.
OnePath Custodians Pty Limited (ABN 12 008 508 496 AFSL 238346 RSE L0000673) (OPC) is the issuer of “ANZ Smart Choice Super”. ANZ Smart Choice Super is a suite of products consisting of ANZ Smart Choice Super and Pension, ANZ Smart Choice Super for employers and their employees and ANZ Smart Choice Super for QBE Management Services Pty Ltd and their employees.
OPC is a member of the IOOF Group of companies, comprising IOOF Holdings Limited (ABN 49 100 103 722) and its related bodies corporate (IOOF Group). The information contained in this document is issued by OPC.
The Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 brand is a trademark of ANZ and is used by the IOOF Group under licence from ANZ. ANZ and the IOOF Group (including OPC) are not related bodies corporate.
You should know that this information is of a general nature and has been prepared without taking into account your personal needs, financial situation or objectives. Before acting on this information, you should consider whether the information is appropriate for you.
OnePath Custodians is the issuer of ANZ Smart Choice Super but is not a Bank. Except as set out in the relevant Product Disclosure Statement (PDS), this product is not a deposit or other liability of ANZ or its related group companies. None of them stands behind or guarantees the issuer or their products.
Superannuation is a long-term investment and the rules and regulations governing it are subject to change. We recommend that you keep informed of changes to superannuation and any potential impact any changes may have. We also recommend you seek professional advice where appropriate, including specialist tax advice, and read any relevant product disclosure statements, including terms and conditions before making any financial strategy or product decisions.
This information is current as at 17 March 2020 and is subject to change. Although all the information in this document is obtained in good faith from sources believed to be reliable, no representation of warranty, express or implied is made as to its accuracy or completeness. Past performance is not indicative of future performance. The value of investments may rise or fall and the repayment of subscribed capital is not guaranteed.