An all-in-one wealth solution

Did you know that Australians aged over 60 are expected to transfer around $3.5 trillion to younger generations by 2034?³

At the same time, many young people may struggle to build up this same level of wealth without help. Australians currently take more than a decade to save a 20% deposit for a home⁴, and if current policy settings stay the same, Sydney home prices will not be affordable for those relying on a full-time wage alone by 2031.⁵

So what can older generations do to put aside wealth for their children and grandchildren until they’re ready to receive full financial advice? One option is a multi-asset ETF – an all-in-one diversified portfolio that is professionally managed, can be easily purchased on the ASX and held alongside existing client assets.

The low-cost and convenience of multi-asset ETFs means they’re greatly in demand among financial advisers and their clients - almost a quarter of advisers in large practices say they would like ETF providers to offer more of these types of products.⁶

Most investors would generally agree that the primary goal of investing is to generate the highest possible return for the lowest risk. Diversification can help you obtain this balance.

By spreading investments across asset classes, geographies and sectors, investors lower their risks as the poor performance of one investment can be offset by stronger performance in another, and vice versa. This may help you to build wealth faster over time compared to less diversified investments, such as a more concentrated portfolio of individual shares.