Goldman Sachs JBWere Managed Funds

Goldman Sachs JBWere is a leading Australasian corporate advisory, securities and investment management firm that provides a broad range of services worldwide 

to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals.

Founded in 1840, it is one of the longest-established and largest financial services firms in Australasia.

The firm is headquartered in Australia but, through its direct integration with the Goldman Sachs Group, is represented in all major financial centres around the world.

With around 300 years of combined history and culture to guide the firm, our commitment to clients, teamwork, integrity, professional excellence and entrepreneurial spirit is based on a long tradition.

Goldman Sachs JBWere Asset Management provides a range of investment options for investors from Australian equity and fixed interest investments, to multi-sector investments, and a wide variety of international choices.

Rebate Financial Services will rebate 100% of all upfront commissions, where an ongoing commission is payable, when you invest in JBWere using Rebate Financial Services as your nominated adviser.  Where there is not any ongoing commission payable, Rebate Financial Services will rebate 80% of any upfront commission payable on your investment.  We will instruct JBWere to rebate 100% of all upfront commission as additional units in your investment.  This means you will have more of your investment dollar working for you right from the start.  We will also instruct JBWere to rebate 100% of all commission generated by future additional investments and regular contributions, again as additional units in your investment.   Many investment products have entry fees of around 5%, this upfront saving has the potential to significantly increase your returns over the life of the investment.  Where JBWere pays an upfront commission directly to Rebate Financial Services, we can directly credit your nominated bank account or send you a cheque, once the commission has been received.  Where ongoing commissions are not payable to the nominated advisers, Rebate Financial Services will rebate 80% of the upfront commission payable as additional units in your investment or, if this method is not available, by direct credit or cheque to the investor once the commission has been received.

Where your investment does not generate ongoing commission or there is a set time period for the investment or where commission rebates vary there will be full 

disclosure of what is received by Rebate Financial Services.

Rebate Financial Services will also rebate 50% of the ongoing commission payable on your investment where we receive in excess of $20 per month, per fund manager.

Existing JBWere Investors: 

If you already have an investment in JBWere, or any other financial product, either directly or through a financial planner, you may be paying entry fees on any additional 

or regular investments.  There may also be trailing commissions being paid on your JBWere investment.  

Download and complete the Nomination Form to receive up to 100% rebate or cancellation of future entry fees and up to 50% of any trailing commissions that 

are currently being paid to a financial advisor or being kept by the product issuer. Trailing commissions paid by financial institutions generally range from 0.20-0.60% p.a. 

These commissions are generally paid for out of the management fees levied against your investment are not an additional charge to you.

A managed fund allows individual investors to pool their money with other investors. This pool is then used to invest in a range of different assets in line with the investment policy of the fund. For example, a typical Australian equities fund will be invested in companies listed on the Australian Stock Exchange. Goldman Sachs JBWere Asset Management offers a range of managed funds called unit trusts. 

When you invest in a fund you buy units in that fund; however, this is not a direct investment in the fund's assets. The value of the units an investor holds represents 

the value of their proportion of the assets the fund owns. As the fund's units value can rise and fall, the value of an investor's investment can also rise and fall. 

Why invest in managed funds?  Managed funds offer different benefits to holding direct shares and Listed Investment Companies, as outlined below.

1. Professional management and expertise 

Through managed funds, investors gain access to a team of highly qualified and experienced managers who regularly monitor the fund performance and seek 

opportunities.  Investments in managed funds therefore require less maintenance and involvement from investors, while using otherwise unavailable highly developed risk management techniques with access to advanced technology and trading systems.

2. Access to investment opportunities

By pooling money with other investors, investors can take advantage of the greater buying power and investment opportunities a larger pool of money allows.  This means investors may gain access to investments otherwise unavailable to individuals due to their minimum entry level, or benefit from complex hedging or swap strategies to enable exposure to overseas and alternative markets. 

 

3. Diversification

Managed funds provide reduced risk exposure by spreading investments over a wide range of assets and accessing a broader spread of assets.

4. Reporting

Goldman Sachs JBWere publishes reports for each managed fund every six months.

 

 

Investing in the Goldman Sachs JBWere Australian Equities Funds (the ‘Funds’) offers investors the opportunity to gain access to companies listed on the 

Australian Stock Exchange that have strong capital-growth potential over the medium to long term. The Funds are managed by our highly experienced Australian 

equities team who take an active, research-driven approach to managing domestic equities.

Capable of delivering top quartile performanceˆ over the short and long term, with the ability to manage through both strong and weak markets and deliver outperformance.

Style neutral investment process providing exposure to diversified portfolios of medium-to-large capitalisation Australian equities.

Access to a well-established and strong investment team.

Providing investors with a unique opportunity to access one of the fastest growth sectors in the Australian share market, the Goldman Sachs JBWere Australian 

Infrastructure Wholesale Fund comprises a portfolio primarily made up of high-yielding infrastructure securities. Managed by an experienced and specialised 

infrastructure investment team, the Fund boasts a proven and rigorous investment process aimed at delivering income and capital growth to investors.

Access to the fast growing and liquid infrastructure sector with low correlations with other asset classes.

Potential for strong, consistent returns and distribution yields at moderate risk.

Management by a highly experienced and qualified infrastructure investment team.

Addressing the growing demand for funds able to provide more than benchmark-like returns on a net basis and in all market conditions, the  Goldman Sachs JBWere Core Plus Australian Fixed Income Fund (‘Core Plus’) targets a substantially higher level of active returns than typical Australian fixed income funds. It employs a much wider opportunity set to generate excess returns, while maintaining Australian benchmark 

exposure (UBS Composite Bond Index – All Maturities A$). This makes Core Plus an appropriate replacement for existing core Australian fixed income holdings. The Fund is co-managed by Goldman Sachs JBWere Asset Management and Goldman Sachs Asset Management.

Core Plus offers investors the following advantages:

Access to a globally integrated, experienced team with a proven track record of generating excess returns

Significant excess return potential from a wide opportunity set

Compelling diversification and risk/reward benefits.

Placing considerable importance on capital preservation and risk management, the Fund provides investors with the opportunity for consistent, income-based returns. With exposure to multiple asset classes, including cash, money market products, domestic 

fixed interest and a range of high yielding investments, including domestic hybrid investments, property, infrastructure and utilities securities and international fixed interest assets, the Fund’s diversified approach and low correlation with other assets/managers means it can be used as a stand-alone income investment or as part of a wider balanced portfolio.

Highly diversified exposure to multiple income-producing asset classes with low portfolio risk.

Opportunity for consistent, income-based returns and medium-term capital growth.

Proven long-term track record of delivering consistent excess return.

A decision has been made by Goldman Sachs JBWere Managed Funds Limited to terminate the Goldman Sachs JBWere Multi-Strategy Fund ARSN 104 751 135, the Goldman Sachs JBWere Retail Multi-Strategy Fund ARSN 104 764 883 and the 

Goldman Sachs JBWere Multi-Strategy Fund IDPS ARSN 114 217 622 (together ‘the Multi-Strategy Funds’), with effect from 2 February 2009.  We appreciate that the volatility and uncertainty in financial markets has made this a difficult time for investors. We will endeavour to realise the Multi-Strategy Funds’ assets and return the proceeds to investors as quickly and effectively as possible.

Disclaimer: Information provided by Rebate Financial Services on this fund manager and its products is either factual or concerns observations of investor behaviour. This infotmation is not intended to be, and should not be considered to be recommendations or advice. If you require advice please contact your financial advisor, or contact Rebate Financial Services for a referal to one.