Options Portfolio results for September 2008

[ Wednesday, 22 October 2008 ]

Options Portfolio results for September 2008
Options Portfolio results
 

Fidelity Life's Options Portfolio & KiwiSaver Scheme Results


Fidelity Life's Options Portfolio dipped slightly in September, making a return of -0.56%, a remarkable result, given extreme market conditions. It's annual return for the year to 30 September 2008 stands at 15.41% (after tax and fees).

The result for September is in line with the performance aims of the fund, as we expect three months in every twelve to show a negative return.

Launched on 1 August 2004, the Options Portfolio has returned 10.84% per annum after tax and management fees since inception to 30 September 2008.
 
Net returns
one month       -0.56% (negative 0.56%)
three months    3.15%
one year         15.41%
three years     11.70% p.a.
inception        10.84% (four years two months)

The Options Portfolio update for September is now available on the Adviser Centre Website
just click here.

KiwiSaver 6-month performance

Our KiwiSaver funds continue to perform towards the top of the table, according to FundSource.

Here's the results to end August, showing that Fidelity Options is FIRST out of 82 funds and our Aggressive Kiwi Fund Has the SECOND highest returns out of 82 funds surveyed.

 

Sector

6 month performance

Rank

Worst performer

Conservative Kiwi

Diversified defensive

4.00%

2/15

1.53%

Balanced Kiwi

Diversified balanced

3.62%

2/23

-1.84%

Growth Kiwi

Diversified growth

3.54%

3/21

-2.11%

Aggressive Kiwi

Diversified growth

7.15%

1/21

-2.11%

Options Kiwi

Other

19.15%

1/3

-10.67%

 

 

13 October 2008

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