Wentworth Online Multi-Asset Class Portfolios (MAP)
The Quarterly Update covers some of the key themes facing markets. It includes our chart pack from our discussions with Longview Economics.
• Is the FED making a policy mistake and over-tightening?
• Is there a recession in the US next year – or are they already in one?
• If there is a recession – how deep will it be?
• How high will inflation get and how long will it stay there?
• Are leading inflation indicators supporting the view inflation is falling?
• Asset Allocation—the case for hiding in bonds.
Summary (of our views)
• Tactically (or short-term) conditions support a bear market rally in risk assets.
• Medium to Long term—Remain underweight risk in model portfolios.
• We continue to increase our portfolio allocation to bonds (US Treasuries) over time (avoid corporate credit).
History |10 years plus 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 | www.wentworthsecurities.com/invest/ or click the LINK Investor Login | LINK Product Issuer |OpenWealth - Responsible Entity & Issuer: OpenInvest Limited ACN 614 587 183, AFSL 504 155
Head of Wealth Management
Chief Investment Officer
d: +61 2 9119 6036
d: +61 2 9119 6035
d: +61 2 8279 6302
d: +61 2 8014 8412
Head of Institutional
d: +61 2 9119 6071
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.
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.
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).