Continue the Contribution
Ease and Flexibility
You have full control and access to your funds at any time, whether t for educational expenses, or any other purpose.
Tax Effective Investing
Due to the unique structure, Futurity Education Bonds offer multiple tax benefits.
These benefits include:
Education Tax Benefit
The Education Tax Benefit is a special concession in tax law that represents a refund of fund tax already paid by us.
When you make a withdrawal from your EdSaver for the purpose of funding education costs, you’ll enjoy the Education Tax Benefit. This amounts to an additional $30 for every $70 withdrawn from your investment earnings, when paid as education benefits.
EdSaver has been designed with ease and flexibility in mind
EdSaver provides a streamlined application journey that introduces you to our Family Education Bond’s essential features including a customised selection from our full Investment Menu. Over time, your Education Bond can grow and adjust as your needs change. To help you make the most of your Education Bond, we will provide you with information about features that might suit you as your journey continues. Simply choose from the below investment options and follow the steps listed at the bottom of the page.
Once your EdSaver is set up you can consider the estate planning and intergenerational wealth transfer features available.
Investment Risk Profile - Medium
A Balanced investment option gives you a moderate level of exposure to some growth assets, combined with defensive assets. A Balanced investment strategy invests across a mix of asset classes like cash, fixed interest, property and shares, targeted to achieve medium to long-term capital growth, while balancing that with less short-term risk caused by market fluctuations.
EdSaver offers two Balanced options:
Futurity Managed & Blended – Balanced Portfolio (FM1)
Investment Objective
To outperform (before fees and tax) the balanced portfolio asset class mix based upon the long-term strategic asset allocation of the Fund.
Investment Strategy
To construct investment portfolios aimed for stable and reliable returns, without taking excessive risk, over the long-term. A key focus is the Fund’s diversified long-term strategic asset allocation amongst asset classes, investment managers risk types and individual securities.
Annualised performance as at 31 October 2024 (net of fees and taxes)
Total Management Fees per annum: 1.23%
Buy / sell costs: 0.15% / 0.15%
Futurity Diversified Indexed – Balanced (DP2)
Investment Objective
This UMF seeks to track the weighted average return of the various indices of the underlying funds in which it invests, in proportion to the Strategic Asset Allocation.
Investment Strategy
The Fund provides low-cost access to a range of sector funds, offering broad diversification across multiple asset classes. The Balanced Fund targets a 50% allocation to income asset classes and a 50% allocation to growth asset classes, and is for investors with a balanced tolerance for risk.
Annualised performance as at 31 July 2024 (net of fees and taxes)
Total Management Fees per annum: 0.90%
Buy / sell costs: 0.10% / 0.10%
Investment Risk Profile - Medium to High
Growth investments are typically used when targeting a higher rate of return. But this does mean you will be taking on a higher level of risk, so these investments are better suited to meeting longer term financial goals of five years or more. Growth investments include shares, property and alternative investments.
EdSaver offers two Growth options:
Futurity Managed & Blended – Growth Portfolio (FM2)
Investment Objective
To outperform (before fees and tax) the growth portfolio asset class mix based upon the long-term strategic asset allocation of the Fund.
Investment Strategy
To construct investment portfolios aimed for stable and reliable returns, without taking excessive risk, over the long-term. A key focus is the Fund’s diversified long-term strategic asset allocation among asset classes, investment managers risk types and individual securities.
Total Management Fees per annum: 1.25%
Buy / sell costs: 0.18% / 0.18%
Futurity Diversified Indexed – Growth (DP3)
Investment Objective
This UMF seeks to track the weighted average return of the various indices of the underlying funds in which it invests, in proportion to the Strategic Asset Allocation.
Investment Strategy
The Fund provides low-cost access to a range of sector funds, offering broad diversification across multiple asset classes. The Growth Fund targets a 30% allocation to income asset classes and a 70% allocation to growth asset classes, and is for investors seeking capital growth.
Annualised performance as at 31 July 2024 (net of fees and taxes)
Total Management Fees per annum: 0.90%
Buy / sell costs: 0.09% / 0.09%
Investment Risk Profile - High
If positive environmental, social or ethical issues are important to you then this investment strategy not only feels good, but offers growth style investment return potential. Also known as ethical, sustainable or socially conscious investing, this option avoids investment in industries and companies that produce goods harmful to health, society or the environment. It offers a high growth option with 100% invested in shares or property. Because it’s a high growth, more aggressive style investment option, this option is better suited to those with a longer term investment horizon, as short-term negative returns can be experienced.
These types of investments offered in EdSaver are:
Futurity Managed & Blended – Responsible Investment Portfolio (FM3)
Investment Objective
To outperform (before fees and tax) the S&P/ASX 300 Accumulation Index over the medium to long-term.
Investment Strategy
To construct a multi-manager blend of underlying managed funds that invest using RI principles. The Fund invests about 80% of its assets in Australian Equities and about 20% in International Equities.
Annualised performance as at 31 July 2024 (net of fees and taxes)
Total Management Fees per annum: 1.30%
Buy / sell costs: 0.18% / 0.18%
Futurity Sectoral Indexed – Responsible Investment (SP6)
Investment Objective
To track (before fees, expenses and tax) the return of the FTSE Developed ex Australia ex Non-renewable Energy, Vice Products and Weapons Index in Australian dollars.
Investment Strategy
The Fund provides exposure to many of the world’s largest companies listed in major developed countries. It offers low-cost access to a broadly diversified range of securities that excludes companies with significant business activities involving fossil fuels, alcohol, tobacco, gambling, military weapons and civilian firearms, nuclear power and adult entertainment. The Fund is exposed to the fluctuating values of foreign currencies, as there will not be any hedging of foreign currencies to the Australian dollar.
Annualised performance as at 31 October 2024 (net of fees and taxes)
Total Management Fees per annum: 0.84%
Buy / sell costs: 0.07% / 0.07%
Investment Risk Profile - Very Low
This type of investment option generally has a lower level of risk so it delivers lower but more stable positive returns. Making it an option for those seeking to protect wealth and diversify their portfolio.
Futurity Sectoral Active – Cash (SA1)
Investment Objective
To outperform (before tax and fees) the returns of Australian money markets over rolling two year periods as measured by the Reserve Bank of Australia cash rate.
Investment Strategy
The Fund invests in high quality money market securities, with short-term maturities, to achieve a stable income stream. The Fund invests in assets that offer value-for-risk by taking into account economic analysis and market trends. Derivatives may be used for risk management.
Annualised performance as at 30 September 2024 (net of fees and taxes)
Total Management Fees per annum: 0.46%
Buy / sell costs: 0% / 0%
Download Fund Fact Sheet
