ARG is an older-style LIC, listing on the ASX in 1963. ARG has a conservative approach to investing, with a long term investment horizon, and a focus on providing investors with capital growth and a dividend stream that, over time, grows faster than inflation.

BOND is an index fund that tracks the S&P/ASX Australian Fixed Interest Index. BOND seeks to achieve this by holding a sample of the securities in the index to build a representative portfolio that provides a return and characteristics comparable to that of the index.

MLT focuses on large cap stocks and on those stocks that provide attractive dividends. As such, the portfolio tends to be overweight banks and underweight resource stocks. MLT offers investors access to a portfolio of ASX-listed securities and other investments at minimum cost, with a management fee of just 0.16%. MLT is heavily weighted to banks, and as such, investors should be bullish on this sector.

VAS is an index fund that tracks the S&P/ASX 300 Accumulation Index. VAS seeks to achieve this by holding all, or substantially all, of the securities that make up the index. The securities will be held in the same proportion as the index but may marginally diverge from time to time.

VGB is one of six Australian Government Bond ETFs listed on the ASX. Each of the ETFs mimic a different fixed interest index. Compared to the other ETF portfolios, VGB is the cheapest from a fee perspective at just 0.20%p.a. The portfolio is low risk with the portfolio largely being allocated to securities with a AAA rating.