MyFiduciary Portfolios
MyFiduciary
40% Growth
60% Income
Suitable for investors with an investment time horizon of at least four years before seeking to spend large amounts of their portfolio. This portfolio is targeting moderate portfolio growth and should suit investors able to accept moderate volatility.
Portfolio Performance
| Period ending 31 March 2022 | |||
| 1 year | 3 years | 5 years | Since inception |
| 2.19% | - | - | 4.84% |
Investment Objective
The investment objective of the portfolio is 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 28 September 2021
| Asset | Country of origin | Asset type | Allocation | |
| Allan Gray Australia Equity Fund (Class B) | Australia | Australasian equities | 2.50% | |
| Castle Point Trans-Tasman Fund | New Zealand | Australasian equities | 4.00% | |
| Capital Group New World Fund | Australia | International equities | 3.00% | |
| iShares Emerging Markets IMI Equity Index Fund | Australia | International equities | 2.00% | |
| iShares Wholesale Screened International Equity Index Fund (E2) | Australia | International equities | 4.00% | |
| Kernel Global Infrastructure Fund | New Zealand | International equities | 5.00% | |
| Nikko AM Global Shares Hedged Fund (NZD hedged) | New Zealand | International equities | 5.00% | |
| Platinum International Fund (P Class) | Australia | International equities | 4.50% | |
| Vanguard Ethically Conscious International Shares Index Fund (NZD Hedged) | Australia | International equities | 5.00% | |
| Dimensional Global Real Estate Trust (NZD hedged) | Australia | Listed property | 5.00% | |
| Milford Trans Tasman Bond Fund | New Zealand | New Zealand fixed interest |
6.00% | |
| Simplicity NZ Bond Fund | New Zealand | New Zealand fixed interest |
6.00% | |
| Bentham Global Income Fund (NZD hedged) | Australia | International fixed interest |
5.00% | |
| Daintree Core Income Trust (NZD hedged) | Australia | International fixed interest |
18.00% | |
| Dimensional Global Bond Sustainability Trust (NZD hedged) | Australia | International fixed interest |
6.50% | |
| Hunter Global Fixed Interest Fund | New Zealand | International fixed interest |
6.50% | |
| Nikko AM NZ Cash Fund | Australia & New Zealand | Cash and cash equivalents | 10.00% | |
| Cash* | Australia & New Zealand | Cash and cash equivalents | 2.00% | |
| 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 28 September 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/ASX 300 Index (Total Return) S&P/NZX 50 Index Gross with Imputation |
2.50% 4.00% |
|
| International equities |
MSCI Emerging Markets Index (net div.) MSCI World Index (net div.) Dow Jones Brookfield Global Infrastructure Index (hedged to NZD, net div.) Morningstar Developed Markets ex Australia Large-Mid Cap Index (hedged to NZD, net div.) MSCI All Country World Index (net div.) |
5.00% 4.00% 5.00% 10.00% |
|
| Listed property |
FTSE EPRA NAREIT Developed Markets Index (hedged to NZD, net div.) |
5.00% |
|
| New Zealand fixed interest |
S&P/NZX Investment Grade Corporate Bond Index Bloomberg NZBond Govt 0+ Yr Index |
6.00% 6.00% |
|
| International fixed interest |
Bloomberg Global Aggregate Bond Index (hedged to NZD) |
18.00% |
|
| Cash and cash equivalents |
New Zealand 90 Day Bank Bill Yields Index |
30.00% |
|