IWIinvestor’s seven multi-asset class Portfolios
IWIinvestor changed its business model in late 2017 from direct investing itself in securities globally to outsourcing this activity to specialist Fund Managers across the range of asset classes (bonds, shares and property) both domestically and offshore.
At the same time, IWIinvestor also altered the risk profile of their model portfolios to adopt a more conservative approach given the strength in the financial markets over the past decade.
Markets returns have been substantially above historical averages and a reversion to mean would result in a lower return with higher volatility.
IWIinvestor's clients have welcomed the change. Their investments are now managed by highly rated professionals with a socially responsible bias and lower fees.
In order to provide a long-term performance history, we have combined the two management styles.
The current ‘Balanced’ portfolio is now a combination of the former ‘Moderate’ and ‘Balanced’ portfolios, while the current ‘Growth’ portfolio is a combination of the former ‘Balanced’ and ‘Growth’ portfolios. The defensive portfolios are not affected.
IWIinvestor believes that its long-term history reflects an accurate indication of portfolio performance over this 10-year period.
Model Portfolio returns -
as at 31 December 2020
|
|
3M |
1Y |
3Y |
5Y |
7Y |
10Y |
|
Defensive
|
2.1% |
5.2% |
7.2% |
5.1% |
6.0% |
6.2% |
|
D (Benchmark) |
1.6% |
4.0% |
3.9% |
4.4% |
5.6% |
5.6% |
|
Defensive High Yield |
2.7% |
6.2% |
8.5% |
6.1% |
6.4% |
6.5% |
|
D (Benchmark) |
1.6% |
4.0% |
3.9% |
4.4% |
5.6% |
5.6% |
|
Conservative |
3.1% |
6.5% |
9.1% |
6.0% |
6.8% |
6.9% |
|
C (Benchmark) |
2.6% |
5.1% |
5.1% |
5.4% |
6.4% |
6.3% |
|
Moderate |
4.2% |
7.6% |
10.8% |
6.9% |
7.8% |
7.9% |
|
M (Benchmark) |
3.6% |
6.1% |
6.2% |
6.2% |
7.4% |
7.2% |
|
Balanced |
5.2% |
8.5% |
12.4% |
7.7% |
8.5% |
8.5% |
|
B (Benchmark) |
4.5% |
7.0% |
7.2% |
6.9% |
8.1% |
7.7% |
|
Growth |
6.7% |
9.6% |
14.5% |
8.6% |
9.2% |
9.2% |
|
G (Benchmark) |
5.9% |
8.0% |
8.5% |
7.9% |
8.8% |
8.4% |
|
High Growth |
8.6% |
10.6% |
17.1% |
9.7% |
10.3% |
10.2% |
|
HG (Benchmark) |
7.7% |
9.0% |
10.1% |
9.0% |
9.9% |
9.3% |
|
NZX90D |
0.1% |
0.6% |
1.2% |
1.4% |
2.3% |
2.5% |
|
CPI |
0.5% |
1.5% |
1.6% |
1.7% |
1.2% |
1.3% |
|
| Notes: | Returns are before fees and tax. | ||||||
| Shaded areas represent out-performance versus benchmark market indices | |||||||
| Benchmarks: | NZ 90 Day Bank Bill, NZX NZ Corp A Grade, BBgBarc Global Agg Hdg NZD, NZX 50, ASX 200, *DN xAUS Hdg NZD, MSCI World, MSCI EM, *DM REIT Hdg NZD | ||||||