HUB24 Limited – Inflows in check


HUB24 Limited (ASX: HUB) has recently recorded significant annual net inflows ($2.4bn) as the group benefitted from regulatory superannuation changes. For FY18, monthly net inflows on an average are $202 million compared to $161 million for FY17. With white label versions of the platform receiving the 31% of net inflows, HUB24’s retail products received 69% of net inflows. Net inflows were equally split between IDPS and Super accounts and were diversified across both new and existing advisers.

Funds under Administration (FUA) of $8.3b as at 30 June 2018, were up 51.2% on June 2017. Including Fitzpatricks Private Wealth with initial flows already received, 22 new licensees signed distribution agreements during the quarter representing significant growth opportunities. HUB24 ranked 1st in terms of adviser primary platform advocacy, 2nd in terms of adviser investment platform satisfaction in the Adviser Ratings 2018 Australian Financial Advice Landscape report and 3rd for overall adviser platform satisfaction in the Investment Trends May 2018 Planner Technology Report.

Development has commenced to facilitate the FUA transition of Fitzpatricks MDA which is on track to occur in late calendar year 2018 and a new HUB24 core offering will be launched during the next month to secure clients with lower average balances seeking simpler, lower cost solutions. HUB24 Limited traded at a market price of $14.29 and has seen a daily price change of $1.5 or a percentage change of 11.73%, on July 19, 2018, 4:10 pm AEST.

[pluginops_form template_id=’23834′ ]


Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Checkout our Free Dividend Stocks Report

Specially made for income-hungry investors, Invest in growing Franked Dividends an opportunity that should not be missed.

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report