August 2020 123 Investment Insights with investment implication “We are Australian” “Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own” Matthew 6:34 “ In time of such unprecedent circumstances, we need a collected intelligent thoughts of our former Prime Ministers ( Ministers), former opposition leaders; the good thing is we have many of them, and they all been elected or selected by all ( or some ) of us previously” __________________________________________________________________________ Camilla Collection from Melbourne Royal Botanic Garden and Melbourne Private Gardens © 2020 123 Investment Management Pty Ltd © 2020 123 Investment Management Pty Ltd © 2020 123 Investment Management Pty Ltd Dear Clients, I hope these beautiful in season photos will please your eyes and make you feel happy. That is probably the best thing I can do in the stage 4 lockdown. Equity markets around the world have gone back to “normal”. In May and July there was much discussion in our sister publication 123 IGF Update, that equities had been well supported by the unprecedent fiscal stimulus (or hand out), and the lowest (or if not negative) interest rates around the world. Peacefulness, good health, and a normal life are now the things people around the world long for. Most places on the earth have been blessed with peace and fewer health issues for more than 70 years. We therefore need to be thankful for what we have got and achieved. Luckily, for the great effort and hard work of many people, we in Australia still have plenty of food, care, and places to enjoy activities. Image when the early settlers came to this land, they need to remain on their ships for months in rough sea, and when they arrived, waiting for them was the harsh bush. We love this land, our country and Victoria. Invest more in our own beautiful country, that is what I want to say, at least by ourselves (using our super). “I am, you are, we are Australian” Hold Strong Together & Best Wishes Charley Wang Managing Director 123 Investment Management Pty Ltd [email protected]; tel: 613 9639 8882 102W, The Block Arcade, 282 Collins Street, Melbourne © 2020 123 Investment Management Pty Ltd Notes & acknowledgements * "I Am Australian" (or "We Are Australian") is a popular Australian song written in 1987 by Bruce Woodley of The Seekers and Dobe Newton of The Bushwackers. Patriotic song that celebrates diversity and is often sung and used at celebrations and sporting events. (source: Wikipedia) 123 Investment Management Pty Ltd is the Investment Manager for 123 Investment and Growth Fund ( 123 IGF ). Charley Wang is the CIO of 123 IGF, he has been working in the financial industry for over 20 years, including 16 years with Morgan Stanley Wealth Management (formerly known as Smith Barney Citigroup). He has a Master of Finance degree from Melbourne University and a Post Graduate Diploma from Securities Institute of Australia. 123 IGF is available for wholesale clients (as defined in the Corporations Act 2001) only. 123 IGF is not registered with ASIC as a managed investment scheme. The Information Memorandum for 123 IGF can be downloaded from www.123investment.com.au or www.EQT.com.au/insto Important Information: This document is published by 123 Investment Management Pty Ltd (ABN 39601788274, AFSL 469061), who can be contacted at 102W, Level 1, “The Block Arcade” 282-284 Collins Street, Melbourne Vic 3000, or on +61 3 9639 7773. This document provides market commentary and strategy ideas to clients of 123 Investment Management Pty Ltd or its subsidiaries. Such commentary and ideas are based upon generally available information at the time. Although the information has been obtained from sources believed to be reliable, we do not guarantee its accuracy. Such information may be incomplete or condensed and may change over time. This document and its contents are proprietary information of 123 Investment Management Pty Ltd and may not be reproduced or otherwise disseminated in whole or in part without our written consent unless required by law. This material contains general advice. General advice is prepared without taking into account your objectives, financial situation or needs. Reference in this document to any financial product is not an offer to invest in that product. You should refer to the offer document for any product referred to and seek advice before considering an investment. © 2020 123 Investment Management Pty Ltd .