Your Entrust Wealth Management "Monthly Musings" for the month of April has arrived.
In this edition we will:
observe the market movements for the month,
launch a brand new episode of our short video series "3 Minute Tech" titled “Debt Recycling”,
provide some insight in Focal Point covering an End of Financial Year Checklist,
provide a great insight into our senior Private Wealth Adviser, Matt Reece and,
suggest another book that might be worth a read.
As always, we hope you enjoy.
MARKET UPDATE As at end of April 2023
As at end of April 2023
Observations from April
The Australian market lifted over the month with all major sectors except for Materials recording a gain.
The ASX 200 accumulation index is now up over 5% since the start of the calendar year.
Major indices in the US also posted gains as the recent volatility seen in stock markets declined during April. Earnings reports from big technology companies were generally well received.
3 MINUTE TECH New Release! ''Debt Recycling''
One of our core pillars at Entrust is education, and sharing our knowledge with our client community.
Our goal with 3 Minute Tech is to provide quick and to the point videos to explain sometimes technically challenging topics in simple and easy to understand language.
These 3 Minute Tech episodes cover important issues. If you would like to discuss further please do not hesitate to contact us.
The June 30 deadline that marks the end of the financial year is steadily approaching. This is a great time to look at reviewing planning opportunities to maximise your position. We summarise some key planning strategies within our EOFY checklist. If you have any queries please don’t hesitate to contact your Adviser.
We understand that referring Entrust to a family member or friend represents trust that the service we provide has an important role to play.
Please do not hesitate to forward this edition of "Monthly Musings" to those who you believe may benefit, or alternatively they are welcome to contact us.
BOOK SUGGESTION OF THE MONTH
Mastering the Market Cycle
Getting the odds on your side
Howard Marks
That completes this month's edition of "Monthly Musings". Please do not hesitate to contact us if we can be of assistance.
This publication has been compiled by Entrust Wealth Management, a division of Euroz Hartleys Limited ABN 33 104 195 057 AFSL 230052.
This publication is current as at time of preparation. Past performance is not a reliable indicator of future performance. Any outlooks in this publication are predictive in character. Whilst every effort has been taken to ensure that the assumptions on which the outlooks given in this publication are based are reasonable, the outlooks may be based on incorrect assumptions or may not take into account known or unknown risks and uncertainties. The results ultimately achieved may differ materially from our outlooks. Material contained in this publication is an overview or summary only and it should not be considered a comprehensive statement on any matter nor relied upon as such. The information and any advice in this publication do not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. This publication may contain material provided directly by third parties and is given in good faith and has been derived from sources believed to be reliable but has not been independently verified. We are not responsible for such material. To the maximum extent permitted by law: (a) no guarantee, representation or warranty is given that any information or advice in this publication is complete, accurate, up-to-date or fit for any purpose; and (b) neither Euroz Hartleys Limited, or its representatives, is in any way liable to you (including for negligence) in respect of any reliance upon such information or advice. It is important that your personal circumstances are taken into account before making any financial decision and we recommend you seek detailed and specific advice from your adviser before acting on any information or advice in this publication. Any taxation position described in this publication is general and should only be used as a guide. It does not constitute tax advice and is based on current laws and our interpretation. You should consult a registered tax agent for specific tax advice on your circumstances. For further information on any issue discussed in this publication, or on any financial matter, please contact your adviser.
