Consilium Portfolios

Consilium PIE

50% Growth
50% Income

Suitable for investors with an investment time horizon of at least 6 years before seeking to spend large amounts of their portfolio. This portfolio is targeting moderate portfolio growth and should suit investors
able to accept a moderate amount of volatility.

 

Portfolio Performance

Period ending 31 March 2022
1 year 3 years 5 years Since inception
0.15% 5.86% - 6.19%

Investment Objective

The investment objective of the portfolio is to utilise Portfolio Investment Entities (PIEs) to outperform the respective index portfolio as defined by the benchmarks below. Performance is evaluated on a gross basis (before tax, fees and other expenses have been taken into account) over the period of the minimum time horizon for which the portfolio is stated as being suitable.

Portfolio Holdings as at 31 March 2022

Asset

Country of origin Asset type

Allocation

Harbour NZ Index Shares Fund New Zealand Australasian equities 22.5%  
Macquarie All Country Global Shares Index Fund New Zealand International equities 27.5%  
Harbour NZ Corporate Bond Fund New Zealand New Zealand
fixed interest
14.4%  
Macquarie Ethical Leaders Hedged Global Fixed Interest Index Fund New Zealand International
fixed interest
33.6%  
Cash* New Zealand Cash and cash equivalents 2.0%  
Total     100%  

Note
*Cash is in an on call facility held by ANZ Bank New Zealand Ltd. ANZ Bank has a Standard & Poor's short term rating of A-1+. This indicates that ANZ Bank’s capacity to meet its financial commitment on these obligations is extremely strong.

 

Benchmarks

As at 1 April 2021, the following benchmarks are used when reviewing underlying returns of asset classes and measuring performance for the above portfolios. Note these are subject to change without notice as more appropriate benchmarks become available. When reviewing the performance of underlying investments other benchmarks may be used that more closely approximate the objective of the investment.

Asset class

Index

Allocation

Australasian equities

S&P/NZX 50 Index (Gross)

22.5%

 

International equities

MSCI All Country World Index (hedged to NZD, net div.)

MSCI All Country World Index (net div.)

13.75%

13.75%

 

New Zealand fixed interest S&P/NZX A-Grade Corporate Bond Index

14.4%

 

International fixed interest

FTSE World Government Bond Index 1-5 Years (hedged to NZD)

33.6%  

Cash and cash equivalents

New Zealand One-Month Bank Bill Yields Index

2.0%