SRI 98/2 Portfolio

98% growth
2% income

Suitable for investors with a time horizon of at least 15 years before spending large amounts of their portfolio. This portfolio is appropriate for those seeking the highest available degree of volatility in order to achieve the highest available potential portfolio growth.

Cash and Cash Equivalents
New Zealand Fixed Interest
International Fixed Interest
Listed Property
Australasian Equities
International Equities

Top Holdings as at 1 April 2019

Asset COUNTRY OF ORIGIN ASSET TYPE ALLOCATION
NZ Core Equity Trust New Zealand Australasian equities 18.2%
Dimensional Australian Sustainability Trust Australia Australasian equities 18.1%
Dimensional Global Sustainability Trust (NZD) Australia International
equities
37.0%
Vanguard Ethically Conscious International Shares Index Fund Australia International
equities
12.3%
iShares Emerging Markets IMI Equity Index Fund Australia International
equities
12.4%
Cash New Zealand Cash and Cash Equivalents 2.0%
Total     100%

INVESTMENT OBJECTIVE

The investment objective of the portfolio is to utilise socially responsible funds (where available) 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.

 

 

BENCHMARKS

As at 1 April 2019, 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 SRI 98/2
Australasian Equities S&P/NZX 50 Index (Gross) 18.2%
S&P/ASX 200 Index (Total Return) 18.1%
International Equities MSCI World ex Australia Index (hedged to NZD, net div.) 37.0%
MSCI World ex Australia Index (net div.) 12.3%
MSCI Emerging Markets Index (net div.) 12.4%
Cash and cash equivalents New Zealand One-Month Bank Bill Yields Index 2.0%

 

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