Nucleus Research and Insights

Why Portfolio Turnover Matters More Than Pre-Tax Returns Most investors are trained to focus on returns. Did the portfolio make 8% or 10%? Did it beat the market? Did the manager outperform? It sounds sensible. But it misses something important.

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, explores the hidden cost of portfolio turnover — examining how frequent trading can quietly erode long-term returns through higher tax bills, why every taxable transaction matters, and how a more tax-aware investment ...

Although there are four ways you can contribute to super, the ATO only recognises two tax categories:

Investment ideas tend to be pitched as one-size-fits-all. In reality, they rarely are. The usefulness of any strategy depends on two things. Where you are in your financial life, and how taxes interact with that stage. Direct indexing is no different.

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, examines why falling Australian property prices still aren't translating into better housing affordability. We unpack the forces keeping home ownership out of reach for many Australians, why lower prices alone aren't ...

If you zoom out, the story of investing over the past 100 years is not really about products. It is about technology.

Theethical investingboom has hit a structural wall. For years,super fundsand fund managers have funnelled billions into "Sustainable," "ESG," or "Ethical" Exchange Traded Funds (ETFs). To the average Australian investor, these labels imply a clean conscience.

The tax question that doesn’t matter Generation X is entering what is likely the most important financial decade of their lives.

This article is part of our “Underlying Assets” article series: A chance to step inside Nucleus Wealth and meet the people who bring our investment philosophy to life. In each piece, we share the stories, passions, and expertise that quietly underpin the work we do every day. You don’t need a ...

Most Millennials are asking the wrong question Millennials have spent much of the past decade navigating housing affordability, rising interest rates, higher living costs and shifting tax policy. Labor’s latest reforms add another layer of uncertainty, particularly around capital gains.

Everyone is talking about tax. Gen Z should be talking about time. Whenever governments announce tax reforms, the debate quickly shifts to winners and losers. Who gets a tax cut? Who pays more? Which strategies stop working?

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, is joined by Leith van Onselen of MacroBusiness to examine why Australia’s inflation problem may be far from over — looking beyond the headline numbers to uncover the pressures still building beneath the surface. We ...

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, explores the next wave of automation — examining the companies at the forefront of robotics, why China is rapidly scaling physical robots while the U.S. focuses on AI, and whether robotics could become one of the ...

Every week, investors ask some version of the same question: Are we in a bubble? It's a reasonable question. Stock markets have been at elevated valuations. Geopolitical tension is real. Interest rates remain high by recent historical standards. There's plenty to feel nervous about. But that ...

In this week’s podcast, we're diving into the latest company earnings season — separating the winners from the losers, identifying the key themes emerging across sectors, and examining what the results reveal about the health of the economy, corporate profitability, and the outlook for investors.