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The Vanguard Diversified High Growth (VDHG) ETF holds positions in seven other Vanguard funds to provide exposure to Australian, International, Small Company and Emerging Market equities, as well as a small amount of Australian and International bonds. Vanguard publishes the holdings of these funds separately, but does not provide an overall list of holdings and proportions for VDHG. I've combined the holdings of the individual funds (excluding the bond funds), and weighted their proportions by the individual funds' weights in VDHG to give their overall proportion, as at 31 October 2020. The proportions are presented as the value of the individual holding per $100,000 of VDHG.

The normal, unreliable way Australia recently completed a piece of financial infrastructure called the New Payments Platform (NPP), which for the first time enabled real-time transfers between banks for retail customers, instead of the 1-2 business day transfers we had accepted historically. The problem is that the ability to send and receive instant transfers is still far from universal, for a couple of reasons: Many banks are still not properly connected to the NPP . As of 2020, many banks in Australia are still not able to either send, or receive through the NPP. This means that if the sender of funds is with a bank that does not support sending through the NPP, or the receiver of funds does not support receiving through the NPP, then the transfer will not be real-time. As of March 2020, only 78% of accounts were reachable via the NPP . Most banks have intentionally added delays to the system . As a fraud prevention measure, most banks will delay the first NPP payment to a new payee...

What are the two rules of credit cards? You don't need to know exactly how credit cards work to use them, because the right way to use a credit card is easy to summarise in two rules: Always pay your statement balance by the due date Only use your card for purchases - not to access cash If you find your statement balance and due date on your monthly statement, and make sure you pay that statement balance by that due date, and you do that every single month, and if you only use your card for purchases, then you will be using your card perfectly, even if you don't know the nuts and bolts. That said, understanding how a credit card works will help you understand why you need to follow those two rules, and know what to do if you ever break one of them. What is a credit card? A credit card account is a line-of-credit. That means that it is a standing offer from the bank to lend you any amount of money up to your credit limit, without needing to apply for a separate loan each time yo...