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This course is a diploma-level course that meets nationally recognised units of competency.
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The course will provide learners with a broad understanding of how superannuation is invested. The course is suitable for people at all levels of the industry, covering both basic and advanced investment concepts. It may be completed as a standalone subject or combined with AIST's superannuation industry specific RG146 and Insurance for the superannuation industry to attain a FNS50715 Diploma of Superannuation.
Topics will include
Module 1: Introduction to Investments
- Income & Capital Return
- Time horizon
- Compounding
- Basic Investment terminology
- Risk and return
- Diversification
- Debt and equity
- Liquidity
- Investment risk
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Module 5: Service providers and market participants
- Custodians
- Actuaries
- Asset consultants
- Fund managers
- Auditors
- Capital market participants
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Module 2: Asset Classes
- Major asset classes
- Alternatives and Unlisted assets
- Hedging and Derivatives
- Short selling
- Arbitrage
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Module 6: Asset Valuations
- Asset Valuations
- Future / Present values
- Annuity calculations
- Simple and compound interest
- Rates of return
- Rule of 72
- Discounted cash flow
- Crediting and unitization
- Perpetuity
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Module 3: Investments, economics and regulation
- CPI
- Economic Risk
- Supply and Demand
- Legislative risk
- Consumer sentiment
- Market regulation
- Dividend
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Module 7: Management styles
- Selecting and monitoring Fund managers
- Manager styles
- Alpha and Beta
- Benchmarking
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Module 4: Managed Investment Products
- Managed investment products
- Portfolio theory
- Standard Deviation
- Statistics and probability
- Listed investment companies & ETF's
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Module 8: Trustee considerations
- Investment objectives
- Investment Strategy
- Strategic Asset allocation
- Tactical asset allocation
- Implementing strategies
- Monitoring investments
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Who should register?
Investment for the Superannuation Industry is designed for a
wide range of participants working in superannuation.
Training methods
Facilitated Training
Face-to-face facilitated training is delivered over 3 full days, made up of group discussions, practical exercises and examples. Facilitated training provides a structured learning environment and provides a platform for networking and forming relationships with people within the industry.
Self-paced Learning
AIST offers self paced learning as an alternative to facilitated training. Self-paced learning enables you to control the pace of your learning providing you with the opportunity to take maximum advantage of your preferred learning style and time.
Some benefits of self-paced learning are as follows:
- You are able to set your own pace and timelines therefore you are not dependent on the structure and pace established within a facilitated course
- Flexibility to start and end the course at your convenience ensuring efficient use of your time
- Access to trainers for mentoring and answering questions, ensuring any difficulties are overcome during your learning experience.
Assessment
In order to be found competent in your course you will be required to successfully complete two (2) assessments, they are as follows:
- Open book exam: This is a two hour exam. You must be supervised at AIST's office or at your workplace with an approved supervisor.
- Assignment: This is an assessment of case studies and scenarios.
All participants have 6 months to complete the assessments. If you have not completed the assessment within the 6 month period you will be required to re-enrol in the course and incur the full enrolment fee again.
Nationally Recognised Units of Competency
This course comprises of 2 units of competency from the FNS Financial Services Training Package.
FNSFMK505 Comply with financial services legislation and industry codes of practice
FNSORG604 Establish outsourced services and monitor performance
AIST CPD Hours
18 hours (including assessments).