Broad participation in global risk assets such as stocks, bonds and commodities; Target a moderate risk profile of 35% risk and 65% income assets.
Broad participation in global risk assets such as stocks, bonds and commodities, calibrated based on client risk tolerance: from 100% bonds (~4% volatility) to 100% stocks (~15% volatility)
Moderate portfolio targets a 35% / 65% risk to income assets ratio
ETF selection constantly reviewed for efficiency, keeping costs low – currently 0.2% to 0.25%
Tax implications are reviewed at client, ETF and underlying positions of ETF levels
Sustainability tilts are preferred and implemented for each exposure, all else equal
Active allocation to macro trends, tilting to exposures likely to outperform over the medium term
No betting the farm or short-term trading: time in right parts of market, not timing the market
Daily transparency and liquidity; global exposure implemented in AUD, USD or EUR
2018 | 2019 | 2020 | 2021 | 2022 | YTD | |
---|---|---|---|---|---|---|
Portfolio (%) | -4.93 | 14.78 | 5.31 | 7.96 | -9.28 | 2.76 |
Annualized Return | Standard Deviation | Dividend Yield | |
---|---|---|---|
Portfolio | 3% | 8.78% | 4.4% |
Equity | 47.33% | |
Fixed Income | 50.54% | |
Commodities | 1.61% | |
Cash | 0.51% |
North America | 56.54% | |
Greater Europe | 19.03% | |
Developed Asia | 15.18% | |
Emerging Asia | 8.13% | |
Central/Latin America | 1.12% |
Financials | 18.31% | |||||||
Industrials | 10.55% | |||||||
Consumer Discretionary | 12.14% | |||||||
Real Estate | 2.21% | |||||||
Consumer Staples | 6.9% | |||||||
Materials | 3.77% | |||||||
Healthcare | 11.36% | |||||||
Utilities | 3.18% | |||||||
Technology | 20.93% | |||||||
Energy | 3.18% | |||||||
Communications | 7.46% |
Asset Class | Weight (%) |
---|---|
1. iShares GBP Ultrashort Bond UCITS ETF | 12.62% |
2. iShares MSCI World SRI UCITS ETF | 10.51% |
3. UBS Irl ETF Plc - MSCI ACWI ESG Universal Low Carbon Select UCITS ETF | 9.55% |
4. iShares Core GBP Corp Bond UCITS ETF | 8.99% |
5. JPMorgan Global Research Enhanced Index Equity ESG UCITS ETF | 8.26% |
6. iShares Global Corp Bond UCITS ETF | 8.11% |
7. iShares USD Treasury Bond 7-10yr UCITS ETF | 5.66% |
8. iShares Asia Investment Grade Corp Bond UCITS ETF | 5.66% |
9. iShares JP Morgan EM Local Government Bond UCITS ETF | 4.12% |
10. iShares Edge MSCI World Value Factor UCITS ETF | 4.07% |