Visit Our Website | Contact Us
THE ALLIOTT INVESTMENTS REPORT OCTOBER 21, 2009
The key focus of Alliott Investments is the prudent and disciplined approach to the creation and protection of our clients wealth.
IN THIS UPDATE
The Rising Cost of Health Care
An Investment Opportunity
THE RISING COST OF HEALTH CARE
As anyone with health insurance will be aware, the cost of health cover has been increasing significantly.
There are two main factors that influence the cost of your health cover -
Your age
The general cost of treatment
Age related increases are affected by two factors - the increased need for medical attention and the requirement for more expensive treatments.
The general cost of treatment is rising due to the increased sophistication of medical procedures, equipment and treatments. In 2006, a knee replacement cost between $15,000 - $20,000 while for the same operation in 2008 the cost was now between $24,000 to $26,000 which was a significant increase of 43%.
These factors affecting your health insurance premiums are unable to be controlled by you.
However, you are able to control the type of cover you have and whether a policy excess is worthwhile.
In the first instance talk to our Alliott's insurance expert, Gerard Gill, about your options. Call Gerard on (09) 520 9200.
INVESTMENT OPPORTUNITY IN AUSTRALIA
We have an allocation of a fixed interest issue in Australia we believe will be ideal for our clients.
The security offers a 3-year term paying 8.79% and it will be listed on the Australian Stock market. The stock market listing means that if you wish to cash up before the 3 year term expires you have a means to do so but we anticipate most investors will view this as a 3-year fixed-term investment.
The investment is issued by Brookfields, an international infrastructure and property manager and is secured by a first mortgage over their half ownership share of 111 Bourke St in Melbourne. The total issue is for A$65m and the half share of the property has been valued by CB Richard Ellis at A$111m.
The ‘A’ grade 20-level building is 100% occupied with 97% of the space being taken by Australian Post - a committed tenant until 2019 and wholly owned by the Australian Government.
Talk about a top quality tenant! (The other 3% of space is retail shops on the ground floor.)
For many investors this offers a high degree of security and a useful diversification of currency for their fixed interest programme. Interest will be paid quarterly (14 days after the end of March, June etc, beginning 14 April 2010).
To take advantage of this opportunity we need to have your commitment by this Friday 23rd October with cash paid in by 15 November.
If you are interested contact David Burt or Alexandra McKenzie at Alliott's immediately for more details and a copy of the prospectus.
Simply email db@alliott.co.nz or phone (09) 520 9200.
ALLIOTT INVESTMENTS ADVISORS
INSURANCE AND KIWISAVER ADVISOR GERARD GILL
Gerard is an insurance consultant who operates his own independent brokerage company specialising in both business and personal risk protection and KiwiSaver advice.
In 2008 and 2009 Gerard was named Professional Investment Services (NZ) Adviser of the Year.
INVESTMENTS ADVISOR DAVID BURT
David is an independent investment specialist with responsibility for managing portfolios for many of Alliott NZ's clients.
He offers a consultancy service advising on such matters as reviewing the investment strategies of a family trust, appraising managed portfolios and calculating retirement or other personal funding needs.
David also can assist with the migration of UK pension funds to New Zealand and has found that, in most cases, a proportion of the funds can be immediately freed up as ready cash.
David Burt’s Disclosure Statement is available free of charge upon request.
Visit Our Website | Contact Us
ALLIOTT NZ 109 CARLTON GORE ROAD NEWMARKET AUCKLAND
