The macroeconomic environment is as complicated as we have seen for some time, perhaps decades. And accordingly, we were active in March, adjusting the portfolios twice. The adjustment to higher rates looks well advanced, and the conditions for a recession in the US don't appear to be present (as yet). So we look to the near future with some optimism that the bull market in equities can resume following the period of rates adjustment.
Have a nice weekend.
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 | 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
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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.
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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.
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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.
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