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%


4.50%

 

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%

 

 

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