Elston Australian Large Companies Model Portfolio
The portfolio aims to outperform the S&P/ASX 100 Accumulation Index (after fees) over rolling five-year periods.
This is an actively managed portfolio of predominantly ASX listed businesses. The strategy's investment universe is all businesses within the S&P/ASX 100 index (at the time of investment), with a maximum of 25% of the portfolio invested in companies outside the S&P/ASX 50 index. The portfolio holds between 20 and 35 holdings and can hold up to 10 per cent in cash; however, the portfolio is expected to be fully invested a majority of the time.
Lonsec
The rating issued 10/2024 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.
Zenith
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned June/2024) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines.
10y | 5y | 3y | 1y | 6 Months | 3 Months | Since Launch | Since Launch pa | |
---|---|---|---|---|---|---|---|---|
Australian Large Companies Model Portfolio | 7.62% | 9.42% | 3.77% | 2.86% | -5.17% | -2.11% | 219.42% | 9.61% |
Index | 8.31% | 12.67% | 9.91% | 13.58% | 1.57% | 4.41% | 230.63% | 9.91% |
Investments can go up and down. Past performance is not a reliable indicator of future performance.
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Health Care | 19.89% | |
Diversified Financials | 17.22% | |
Materials | 16.98% | |
Consumer Discretionary | 13.58% | |
Communications | 9.94% | |
Consumer Staples | 5.82% | |
Industrials | 5.82% | |
Energy | 4.37% | |
Real Estate | 3.40% | |
Cash | 3.00% |
− The S&P/ASX 300 Accumulation Index returned +4.2% and the MSCI ACWI Ex Australia NR Index (A$) +5.2%.
− In fixed income, the Bloomberg AusBond Composite 0-5Yr TR Index returned +0.3% and the Bloomberg Global Aggregate TR Hedged Index -0.4%.
− The A$ rose +0.6% to $0.644.
− Within the Australian equities, the strongest sector performers were Information Technology (+20.0%), Energy (+8.2%) and Communication Services (+5.4%) while Utilities (+0.3%), Materials (+0.9%) and Consumer Staples (+0.9%) were the weakest performers. Large Caps (S&P/ASX 100) +4.0% underperformed Small Caps (S&P/ASX Small Ordinaries) +5.8%.
− Within the International equities, North America (MSCI North America AUD) +5.8% outperformed Europe (MSCI Europe AUD) +4.0% while Developed Markets (MSCI World AUD) +5.3% outperformed Emerging Markets (MSCI EM AUD) +3.7%.
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