Historic performance of the investment strategy

This shows hypothetical returns for the model portfolio that this investment strategy is based on (and does not reflect trading in actual accounts). It is based on a single hypothetical portfolio of $100,000 opened on 1 April 2014. Returns are after fees but before tax.

Amounts are indicative of returns, but the actual returns experienced by investors will vary depending on many factors, including:

  • The exchange rate of the New Zealand dollar
  • The return of funds and underlying asset classes
  • New Zealand interest rates
  • The timing and amount of investment/investor cash flows into and out of the portfolio
  • The overall cost of transactions
  • The timing and amount of rebalancing trades
  • The fee paid to the financial adviser

IMPORTANT:
Hypothetical results have limitations. Hypothetical returns are only indicative of the actual trading performance. Because the portfolio includes trades that represent simulated historical performance and not actual trades, the results may have under-compensated or over-compensated for the impact of trading expenses and market factors like lack of liquidity.


Past returns (whether hypothetical or actual) do not tell you how the investment strategy will perform in the future.

Portfolio

12 MONTH RETURN
(1 April 2018 -

31 March 2019)

12 MONTH RETURN
(1 April 2018 -

31 March 2019)

5 YEAR RETURN
(1 April 2014 -

31 March 2019)

5 YEAR RETURN
(1 April 2014 -

31 March 2019)

  Net of expenses and fees but before tax* Net of expenses but before fees and tax** Net of expenses and fees but before tax* Net of expenses but before fees and tax**
20/80 +3.74% +5.69% +4.49% +6.46%
30/70 +4.30% +6.27% +5.24% +7.23%
40/60 +4.44% +6.42% +5.82% +7.84%
50/50 +4.42% +6.42% +6.33% +8.36%
60/40 +4.16% +6.17% +6.72% +8.78%
70/30 +3.80% +5.82% +7.03% +9.10%
80/20 +3.32% +5.35% +7.26% +9.36%
90/10 +2.64% +4.66% +7.39% +9.50%
98/2 +2.03% +4.05% +7.43% +9.55%
SRI 30/70 +5.23% +7.22% +5.74% +7.74%
SRI 50/50 +6.00% +8.02% +6.90% +8.92%
SRI 80/20 +6.11% +8.14% +8.07% +10.13%
SRI 98/2 +5.71% +7.74% +8.48% +10.56%
PIE 30/70 +5.13% +7.04% +5.76% +7.68%
PIE 50/50 +6.28% +8.22% +7.21% +9.16%
PIE 80/20 +7.76% +9.72% +9.26% +11.25%
PIE 98/2 +8.49% +10.48% +10.41% +12.42%

NOTE:
Returns are in New Zealand dollars and the five year return has been annualised.

Hypothetical performance of the portfolios as at 1 April 2019 is provided using performance data as at the stated date of 31 March 2019.

Prior to 1 October 2018, the Synergy portfolios were administered by another DIMS licensee.

SRI portfolios were established 1 April 2017

PIE portfolios were established 1 April 2018

*Portfolio returns in these columns are net of estimated trading expenses (assuming annual rebalancing) and all other fees (including fund management fees, custodial, administration and adviser fees) but before tax.

**Portfolio returns in these columns are net of estimated trading expenses (assuming annual rebalancing) but before all other fees (including fund management fees, custodial, administration and adviser fees) and before tax.