Investment Policy Statement Workbook for M & S Ford

Investment Policy Statement
Workbook
[Michel & Susan Ford]
5 May 2019
Prepared by[Student]
Student No[sxxxxxxx]

Table of Contents
◉Current Financial Situation......................................................................................3
Personal details............................................................................................................................................. 3
Assets & Liabilities........................................................................................................................................ 3
Current Cash flow.......................................................................................................................................... 4
◉Financial Objectives................................................................................................ 5
Primary Goals................................................................................................................................................ 5
Secondary Goals........................................................................................................................................... 5
Five Year Cash Flow Analysis......................................................................................................................... 6
Return Objective........................................................................................................................................... 7
Risk Objective............................................................................................................................................... 7
RBS Morgans Risk Profile Questionnaire........................................................................................................ 9
◉Constraints........................................................................................................... 14
◉Proposed Asset Allocation.....................................................................................16
◉Portfolio Monitoring and Review............................................................................16
Action plan.................................................................................................................................................. 16
Staying ‘on target’...................................................................................................................................... 16
Authority to proceed............................................................................................... 17
Investment Policy Statement Workbook for M & S Ford 2

◉Current Financial Situation
Personal details
Your personal profile Michel Susan
Name Mr Michel Ford Mrs Susan Ford
Date of birth 01/04/1955 15/05/1955
Current age 64 64
Marital status Married Married
Residential address 200 Broadway AV, West Beach SA 5024, Australia
Telephone [phone] 264 523
Email address [e-mail]
Employment status Employed (Full time) Retired
Position Professional accountant Home Duties
Employer ABC Company Ltd N/A
Salary (Net of Tax) $75,000 N/A
Living Expenses $35,000 p.a.
Your health Michel Susan
Current health Good Good
Member private health fund? Yes (Hospitals and Extras) Yes (Hospitals)
Smoker? No No
Family History Considerations? Nil Nil
Assets & Liabilities
Financial Assets Owner Value ($)
NAB Bank Savings Account Michel $125,000
Westpac Bank Savings Account Joint $25,000
Sub Total $150,000
Non-Financial Assets Owner Value ($)
Residential Building Joint $1,000,000
Household Furniture and
Appliances
Joint $45,000
Motor Car Michel $30,000
Sub Total $1,075,000
Financial Assets – Super Owner Value ($)
Super Fund Michel $750,000
Sub Total $750,000
Investment Policy Statement Workbook for M & S Ford 3

Assets Total $1,975,000
Liabilities Owner Value ($)
Credit cards, home loans, HECS
debt, business debt Joint $0
Liabilities Total $0
Total Net Worth $1,975,000
Dependents Current Age D.O.B. Financially
Dependent
Jonny Ford 25 10/04/1994 No
Current Cash flow
Income Amount
Michel’s Salaries $75,000
Interest Income $3,000
Total Income $78,000
Expenses Amount
Daily Living Expenses $55,000
Total Expenses $55,000
Estimated Cash Surplus/Deficit $24,000
Investment Policy Statement Workbook for M & S Ford 4