Page last updated Friday, 20 November 2009

Demographics

On this page we provide the following profile information about our members:

Age and Sex of Members:

Age Male Female Total
       
20 0% 0% 0%
30 0% 0% 1%
30-39 3% 2% 5%
40-49 13% 4% 18%
50-59 27% 9% 36%
60-69 25% 6% 31%
70+ 8% 1% 9%
       
Total 77% 23% 100%

Employment Status of Members:

State and Sex of Members:

State Male Female Total
       
ACT 3% 0% 4%
New South Wales 22% 7% 28%
Northern Territory 0% 0% 0%
Queensland 19% 7% 26%
South Australia 7% 2% 9%
Tasmania 1% 0% 1%
Victoria 18% 5% 23%
Western Australia 7% 2% 9%
Overseas 0% 0% 0%
       
Total 77% 23% 100%

Member Investment Profile:

  • 66% have managed fund investments. The main reason for investing in managed funds were diversification and professional management. Poor performance and cost were the most common reasons given for not having managed funds.
  • 21% have more than 50% of their investments in managed funds whilst 52% have less than 25% of their investments in managed funds.
  • 25% purchase managed fund investments direct from the fund manager.
  • 35% use discount providers or the internet to purchase managed fund investments.
  • 98% invest directly in the Australian Sharemarket with 55% using the internet for transactions.
  • 27% use stockbrokers for transactions.

    Over 75% of members are computer literate and internet competent.

Value of Members' Investments:

 

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