View this email in your browser

Our Model Portfolios have turned 10. 

We started our Multi-Asset Class Portfolios in August 2012.

10 is an important milestone in portfolio management.

It shows the history of the management approach and process over complete economic cycles and different market conditions. 

How have we done?

Here are the numbers.

Over 122 months, here is the monthly breakdown. 

10 years looks a little something like this

How do our portfolios compare?

The portfolios are multi-asset class (fixed income, equities, commodities, alternates etc), and "benchmark unaware". With no single recognised benchmark to see how you stack up, unlike a portfolio manager benchmarked against the ASX 200 as an example. So accurate comparisons are complicated. 

As an exercise, we looked at Australia's largest industry super fund managers over 10 years (by member numbers) and compared a $ investment 10 years ago. The most popular portfolio choices are the balanced and growth options. 

We compared returns to Australian Super (the largest), Aware Super, and Sun Super (now called Australian Retirement Trust)

(you can find the information on Morningstar's free Fund Screener tool, which is linked to the Governments Moneysmart website)

Comparing Wentworth Balanced over 10 yrs to Industry Fund Balanced Options.

Comparing Wentworth High Growth option over 10 yrs to Industry Fund High Growth Options.
How do Wentworth Portfolios compare to similar Multi-Asset Class Benchmarks?

It is difficult to find benchmarks that are 100% applicable, particularly over 10 years, as many don't have that history.

As an example, we compared the Morningstar Benchmark Funds with 10yrs across the same portfolio profiles. 

(Source - ShareSight Pro Performance Share Checker at today's date)
Comparing Wentworth Portfolios to Morningstar Benchmark Funds.
How do our fees compare?

Our management fee is at the lowest end for actively managed portfolios. 
Our highest fee tier is 0.75% p.a. and scales down to 0.375% p.a. 
No brokerage, entry/exit, switching portfolio, contribution or withdrawal fees. 
We compared the fee on $50,000 invested with Industry Superfunds, which at scale are the largest managers in the country.
Our Fee Calculator is on our Website
Comparing Wentworth Portfolios to Morningstar Benchmark Funds.
Our Fee calculator is simple and transparent. 
100% Online Solution.

A BIG Thank You

Thanks to Chris, Harry and the team at Longview Economics who assist us with research and tactical modelling. 

A big thanks to Clinton Abraham who was instrumental in developing the processes in the early days.

Thanks to the Team at OpenWealth who have built a brilliant platform, that make this style of portfolio management available to all investors, with great functionality without all the costs. 

Most of all, thanks to all the clients that have invested with us along the way.

All the best, 
Tom & the Team
+ Performance following the transition to OpenWealthTM platform is reported net of the maximum fee possible (ie the minimum investment tier). The transition date is October 2021. Management fees are based on the amount invested, with a maximum management fee is 0.75% and a minimum of 0.375% pa. Performance before the transition date is gross. Underlying investment performance for individual's portfolios may differ based on the individual's fee tier, and any unit holding rounding applicable to the individual's underlying portfolio.  
Key Information

History | Approaching 10 years of historical performance. 
Portfolios | Conservative, Balanced, Growth, High Growth
Active Management Style | Research backed
Diversification | Across all asset classes through a single investment.
Inception Date | August 2012
Management Fee | 0.75% to 0.375% p.a. - based on investment amount. No performance, brokerage, switching, entry, contribution or withdrawal fees are charged.
Online | 100% online. Account opening takes on average less than 6 minutes. Desktop and App for iPhone and Android
Reporting | Full reporting included. Audited reporting for superfunds.
Secure | Know and see what you own at all times online. Clients retain beneficial ownership.
How to invest | or click the LINK
Investor Login | LINK 
Product Issuer |OpenWealth - Responsible Entity & Issuer: OpenInvest Limited ACN 614 587 183, AFSL 504 155

Thomas Schoenmaker
Head of Wealth Management
Chief Investment Officer
d: +61 2 9119 6036

Malcolm Nutt
d: +61 2 9119 6035

Simon Tritton
Senior Advisor
d: +61 2 8279 6302

Mark Rothlin
Senior Advisor
d: +61 2 8014 8412

Angus Murnaghan
Head of Institutional
d: +61 2 9119 6071

Ben Castles
Institutional Sales Trading
d: +61 2 9119 6031

Will Lawson
Senior Advisor
d: +61 2 9119 6030

Catriona Crookes
Executive Assistant
d: + 61 2 9119 6033
Wentworth Twitter Feed
Wentworth Securities Website

General Advice Warning

The information contained in this document is general information only and does not take into account your individual objectives, financial situation, needs or circumstances. It is your responsibility to determine whether investing in the Service is appropriate for you as well as which Model Portfolio might be right for you, having regard to your own objectives, financial situation, needs and circumstances.

The Administrator (OpenWealth) does not provide financial advice that takes into account your personal circumstances and does not make any recommendation to invest in the Service or any particular Model Portfolio. You can also review the target market determination document available via the online application process to read the Administrator’s opinion as to the type of investor for whom each Model Portfolio might be suitable.

Should you require assistance in determining whether an investment in the Service is right for you, you may wish to seek the services of an appropriately licensed financial adviser.

General Disclaimer

In this document, reference to “Wentworth Securities” “WWSEC”, “Wentworth Invest” “us” and “our” means and includes Wentworth Securities Pty Ltd ("WWS") (ABN: 96 155 409 653), its wholly-owned associated companies and their respective officers, employees and representatives, as the context requires. A reference to this publication includes all attachments.

This document comprises general advice only. In preparing it, Wentworth Securities Pty Limited (Wentworth Securities) did not consider the investment objectives, financial situation or particular needs (‘financial circumstances’) of any particular person. Accordingly, before acting on any advice contained in this document, you should assess whether the advice is appropriate considering your own financial circumstances or contact your adviser. To the extent that this document discusses general market activity, industry or sector trends, or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent, it includes references to specific securities, those references do not constitute a recommendation to buy, sell or hold such security, and the information may not be current. Wentworth Securities and its directors, officers and agents believe that the information contained in this document is correct and that any estimates, opinions, conclusions or recommendations contained in this document are reasonably held or made as at the time of compilation. However, no warranty is made as to the accuracy or reliability of any estimates, opinions, conclusions, recommendations (which may change without notice) or other information contained in this document and, to the maximum extent permitted by law, the Wentworth Securities disclaims all liability and responsibility for any direct or indirect loss or damage which may be suffered by any recipient through relying on anything contained in or omitted from this document.

Important Information  

i. As at the 1St October 2021, Wentworth Securities is utilising a new investment platform, OpenInvest Pty Ltd (OpenWealth), and will be replicating 4 of the Model Portfolios managed by Wentworth Securities, namely Wentworth MAP - Conservative, Balanced, Growth and High Growth.

ii. The published returns for Model Portfolios have been calculated linking the past performance of the Wentworth Securities MAP Model Portfolios, offered directly to Wentworth Securities clients, and reported through the ShareSight Pro reporting platform prior to 1st October 2021.

iii. * Past performance is not a reliable indicator of future performance.

iv. The historical data prior to moving to OpenWealth on 1st October 2021 is unaudited and does not deduct the management fee included in OpenWealth Performance.

v. Estimates for yield used in this document are sourced from external sources such as ETF issuers. These are subject to change daily, and subject to change. The actual yield returned may differ from the forecast. Historical yields are used when forecast yields are not available. Running yields are used in place of yield to maturity for some ETFs. Yield does not include the benefit of franking credits.

Footnote + & ++  - Prior to moving to OpenWealth, the model portfolios were rebalanced quarterly (31 Mar, 30 Jun, Sep and 31 Dec) or when changes to the portfolios were made. Historically performance was calculated as Total Shareholder Return, excluding costs, and therefore captures capital growth/loss plus dividends (but excludes the benefit of franking credits). Distributions are assumed to have been reinvested whilst no allowance has been made for tax. The inception date for the model portfolios is 1st August 2012.

Financial License. Wentworth Securities, a registered trading name of Wentworth Securities Pty Ltd (ABN: 96 155 409 653) (Australian Financial Services Licence No: 422477).
Copyright © 2022 Wentworth Securities Pty Limited, All rights reserved.

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Email Marketing Powered by Mailchimp