Wealth
Acquisition of Australian Unity Life Bonds Limited (formerly IOOF Ltd)
We are pleased to announce that Australian Unity has acquired IOOF Ltd and its investment bond business from the Insignia Financial group, effective 31 October 2023. To ensure a smooth transition, Insignia Financial will continue to provide a number of services to Australian Unity under a transitional services agreement for a limited period.
During the transition period, if you have any queries with regards to a new or existing investment, please continue to contact Insignia Financial at 1800 002 217 or email investorservices@insigniafinancial.com.au.
As a part of this transition, IOOF Ltd has been renamed and rebranded to Australian Unity Life Bonds Limited (AULBL).
Transfer of Australian Unity Life Bonds Limited to Lifeplan Australia Friendly Society Limited
At Australian Unity, we seek to support the financial wellbeing and resilience of our members and customers through the delivery of tailored products and services. We are a leader in the investment bonds sector with combined funds under management of over $3.6bn and 165,000 members and customers. Australian Unity is committed to growing and investing in investment bond products that help our customers plan for key life events and milestones.
Following the acquisition, AULBL has operated alongside, but separate to, Australian Unity’s long-established friendly society, Lifeplan Australia Friendly Society Limited (LAFS).
An application has been submitted to the prudential regulator of both AULBL and LAFS, the Australian Prudential Regulation Authority (APRA) to transfer all of AULBL’s business to LAFS. Subject to APRA approval, the transfer will be effective on or before 1 December 2024.
If you would like more information about the acquisition or the transfer, visit our FAQs page here.
Investment bonds are increasing in popularity due to their unique tax structure, providing investors with tax effectiveness, flexibility and accessibility. This means they may be used for a wide range of investment strategies including tax management, wealth accumulation, early retirement and estate planning.
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IOOF WealthBuilder offers investors a comprehensive range of investment options to cater for different needs. The investment options employ a cross-section of investment strategies with different risk return profiles. Each of the WealthBuilder Funds invests in a different Underlying Managed Fund (UMF).
| Fund | Investment objective | Risk/return profile | Fund profile |
|---|---|---|---|
| IOOF WealthBuilder Conservative – MLC MultiActive |
To grow the value of your investment over the medium-term by investing in a UMF providing a diversified portfolio exposure of mostly defensive assets.
The UMF aims to provide stable returns over the medium-term by investing in a diversified portfolio of defensive assets with some growth asset exposure, and to achieve a total return after fees, in excess of the benchmark over a rolling three-year period. |
Low to medium | Fund profile |
| IOOF WealthBuilder Moderate – MLC MultiActive |
To grow the value of your investment over the medium to long- term by investing in a UMF providing a diversified portfolio exposure of growth and defensive assets.
The UMF aims to provide capital growth over the medium to long-term by investing in a diversified portfolio of growth and defensive assets, and to achieve a total return after fees, in excess of the benchmark over a rolling five-year period. |
Medium | Fund profile |
| IOOF WealthBuilder Balanced – MLC MultiActive |
To grow the value of your investment over the medium to long-term by investing in a UMF providing a diversified portfolio exposure of growth and defensive assets, with a higher growth asset exposure.
The UMF aims to provide capital growth over the medium to long-term by investing in a diversified portfolio of growth assets with some defensive asset exposure, and to achieve a total return after fees in excess of the UMF’s benchmark over a rolling five year period. |
Medium to high | Fund profile |
| IOOF WealthBuilder Growth – MLC MultiActive |
To grow the value of your investment over the long-term by investing in a UMF providing a diversified portfolio exposure of mostly growth assets.
The UMF aims to provide capital growth over the long term by investing in a portfolio of predominantly growth assets with minimal defensive asset exposure, and to achieve a total return after fees in excess of the UMF’s benchmark over a rolling five year period. |
High | Fund profile |
| Fund | Investment objective | Risk/return profile | Fund profile |
|---|---|---|---|
| IOOF WealthBuilder Cash Management - IOOF |
To grow the value of your investment in the short-term by investing in a UMF providing exposure to a range of cash deposits and short-term money market securities.
The UMF aims to provide competitive returns with a total investment return (before fees) that exceeds or is at least equal to the benchmark. |
Low | Fund profile |
| IOOF WealthBuilder Income - Henderson |
To grow the value of your investment over the medium-term by investing in a UMF providing exposure to cash, cash equivalent, fixed interest and debt securities.
The UMF aims to achieve a total return after fees that exceeds the total return of its benchmark by investing in a diversified portfolio of Australian income producing assets. |
Low | Fund profile |
| Fund | Investment objective | Risk/return profile | Fund profile |
|---|---|---|---|
| IOOF WealthBuilder International Property Index - Vanguard |
To grow the value of your investment over the long-term by investing in a UMF providing exposure to indexed international property securities.
The UMF aims to track the return (income and capital appreciation) of the benchmark (before fees and tax). |
High | Fund profile |
| Fund | Investment objective | Risk/return profile | Fund profile |
|---|---|---|---|
| IOOF WealthBuilder Australian Shares Emerging Leaders - Ausbil |
To grow the value of your investment over the medium to long-term by investing in a UMF providing exposure to mid and small capitalisation (mid-small cap) Australian shares.
The UMF aims to achieve returns (before fees and taxes) in excess of the benchmark over the medium to long-term. |
High | Fund profile |
| IOOF WealthBuilder Australian Shares Geared - Colonial First State |
To grow the value of your investment over the long-term by investing in a UMF providing exposure to geared Australian shares.
The UMF aims to magnify long-term returns from capital growth by borrowing to invest in large Australian companies and to outperform the benchmark over rolling seven year periods before fees and taxes. |
High | Fund profile |
| IOOF WealthBuilder Australian Shares Core - Fidelity |
To grow the value of your investment over the long-term by investing in a UMF providing exposure to
Australian shares.
The UMF aims to achieve returns (before fees, costs and taxes) in excess of the benchmark over the suggested minimum investment time period of five to seven years. |
High | Fund profile |
| IOOF WealthBuilder Australian Shares Long Short - Perpetual |
To grow the value of your investment over the long-term by investing in a UMF providing exposure to Australian shares where short positions may be taken.
The UMF aims to provide long-term capital growth and income through investment in quality shares and taking short positions in selected Australian shares. |
High | Fund profile |
| IOOF WealthBuilder Australian Shares Index - Vanguard |
To grow the value of your investment over the long-term by investing in a UMF providing exposure to indexed Australian shares.
The UMF aims to track the return (income and capital appreciation) of the benchmark before taking into account fees, expenses and tax. |
High | Fund profile |
| Fund | Investment objective | Risk/return profile | Fund profile |
|---|---|---|---|
| IOOF WealthBuilder International Shares - Magellan |
To grow the value of your investment over the long-term by investing in a UMF providing exposure to international shares.
The UMF aims to achieve attractive risk-adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss. |
Medium to high | Fund profile |
| IOOF WealthBuilder International Shares - Platinum |
To grow the value of your investment over the long-term by investing in a UMF providing exposure to international shares.
The UMF aims to provide capital growth over the long-term through searching out undervalued listed (and unlisted) investments around the world. |
Medium to high | Fund profile |
| IOOF WealthBuilder International Shares Hedged - Walter Scott |
To grow the value of your investment over the long-term by investing in a UMF providing exposure to hedged international shares.
The UMF aims to achieve a long-term total return (before fees and expenses) that exceeds the benchmark. |
Medium to high | Fund profile |
| IOOF WealthBuilder International Shares Index - Vanguard |
To grow the value of your investment over the long-term by investing in a UMF providing exposure to indexed international shares.
The UMF aims to track the return (income and capital appreciation) of the benchmark before taking into account fees and expenses. |
High | Fund profile |
The following options are closed to new investment. View the fund profiles for each of the closed investment options below.
| Fund | Fund profile |
|---|---|
| IOOF WealthBuilder Australian Shares Fund – MLC MultiActive | Fund profile |
| IOOF WealthBuilder Australian Shares Fund | Fund profile |
| IOOF WealthBuilder Balanced Fund | Fund profile |
| IOOF WealthBuilder Capital Guaranteed Fund | Fund profile |
| IOOF WealthBuilder Capital Stable Fund | Fund profile |
| IOOF WealthBuilder Cash Fund | Fund profile |
| IOOF WealthBuilder Fixed Interest Fund | Fund profile |
| IOOF WealthBuilder Global Property Securities Fund | Fund profile |
| IOOF WealthBuilder Global Shares High Alpha Fund | Fund profile |
| IOOF WealthBuilder High Growth | Fund profile |
| IOOF WealthBuilder Global Shares – MLC MultiActive | Fund profile |
| IOOF WealthBuilder Smaller Companies - Perennial | Fund profile |
| IOOF WealthBuilder Australian Broad Based Shares Fund | Fund profile |
Click here for commonly asked questions about the acquisition of IOOF Ltd.
Application form – companies or other investors
Application form – individual / joint investors and sole traders
BPAY – Funds closed to new investors
Additional tax information form - Companies/Trusts and Other Investors
Additional tax information form - Controlling Person
Additional tax information form – Individual
IOOF Deferred Annuity
| IOOF Deferred Annuity Managed Fund | Fund performance | Unit prices |
| IOOF Deferred Annuity Capital Stable Fund | Fund performance | Unit prices |
| IOOF Deferred Cash Management Fund | Fund performance | Unit prices |
IOOF Deferred Annuity Capital Guaranteed Fund
Refer to your investment statement for the latest bonus rate or contact us for more information.
IOOF Estate Essentials
Estate Essentials additional investment form
IOOF Capital Builder Bond
Refer to your investment statement for the latest bonus rate or contact us for more information.
This information is provided by Australian Unity Life Bonds Limited ABN 21 087 649 625, AFS Licence No. 230522, a wholly owned subsidiary of Australian Unity Limited ABN 23 087 648 888.
The information provided is general information only and does not take into account your objectives, financial situation or needs. You should consider seeking professional financial and taxation advice tailored to your personal circumstances. Before making any decisions regarding your policy, you should consider the Product Disclosure Statements (PDS) and the target market determination available on our website.
Any personal information that we collect will be treated in accordance with our Privacy Policy and in accordance with the law. You can obtain a copy of our Privacy Policy here.
If you are a new or current IOOF WealthBuilder investor, please contact your financial adviser to discuss your options or contact Insignia Financial at 1800 002 217 or email investorservices@insigniafinancial.com.au.
If you have any queries regarding the acquisition or Australian Unity, please contact 1300 1300 38 or email enquiries@australianunity.com.au.
