Investment Returns January 2013

[ Friday, 8 February 2013 ]

Investment Returns January 2013
Investment Returns 31 January 2013 <%@ Control Language="VB" ClassName="UserControl_InvestmentReturns" %>
For the period ended 31 January 2013
Average Return Over                      
PortfolioPortfolio Size ($m)Unit Price
Month
Quarter
Year
3 Years
(% p.a.)
5 Years
(% p.a.)
10 years
(% p.a.)
Conservative 146.33 3.6004 0.39%1.70%6.87%4.70%4.50%4.87%
Balanced 54.98 3.2872 1.08%3.15%9.20%4.53%3.66%4.79%
Ethical 1.28 2.2520 2.21%4.49%10.86%4.62%n.a.n.a.
Growth 23.65 2.9600 1.58%4.19%10.68%3.98%2.07%4.45%
Aggressive 4.49 2.3195 1.65%5.50%10.25%0.23%0.93%n.a.
Cash 3.82 3.0535 0.14%0.45%1.75%1.72%2.37%3.19%
Mortgage * 5.48 3.5142 0.27%0.79%2.60%2.81%3.55%4.23%
NZ Fixed Interest * 3.14 3.4905 -0.13%0.74%4.52%4.42%4.72%4.03%
Options 44.10 3.6535 0.02%1.79%8.56%3.76%6.54%n.a.
Property * 3.54 3.5766 0.49%0.91%10.40%8.04%5.49%4.59%
NZ Shares 8.09 4.1277 3.38%6.64%18.44%4.99%2.71%5.93%
International Investments 34.40 1.6142 1.75%5.43%8.31%0.53%-2.13%2.14%
The returns shown are net of investment management fees, fund management fees, performance fees paid to external fund managers (if applicable), expenses and tax. The returns shown do not allow for charges for administration to individual accounts (initial charges, service fees, withdrawal charges, switching fees or withdrawal fees).
 

* Closed from 1 July 2009
** The Options Portfolio is geared through the use of put and call options. Due to this gearing, a relatively small movement in the market price of the underlying investment may result in a disproportionately large profit or loss to the Options Portfolio. The Options Portfolio has a high risk profile and is subject to significant volatility. The Options Portfolio uses gearing and derivatives (options contracts) that could enhance any returns or generate substantial losses. For example, during August 2011, the unit price of the Options Portfolio dropped 28% over a one-week period.


Notes:
1. Past performance is not necessarily an indicator of future performance.
2. Returns assume funds invested at the beginning of the period, with no subsequent contributions or withdrawals.
3. For Plans that commenced prior to 1 July 2009: There are no withdrawal fees on Life Bonds. On Power Saver/Super Plans there is an alteration fee of $60 per withdrawal if there is more than one withdrawal in a financial year. For other plans the fee on withdrawal is 5% reduced by 1% p.a. in the four years prior to the maturity date plus an alteration fee of $60 per withdrawal.
4. For Plans that commenced after 30 June 2009: There is an alteration fee of $60 per withdrawal if there is more than one withdrawal in a financial year.
5. The current rate of tax for life insurance companies is 28%. The rate and basis of taxation may change.
6. Diversified portfolios (Conservative, Balanced and Growth) invest in single sector pools. These indirect investments are excluded from the portfolio size of the single sectors.
7. A Fidelity Life Investment Statement is available free of charge from your authorised financial adviser or from Fidelity Life.

Fidelity Life Portfolios - Asset Splits

For the period ended 31 January 2013
Asset classConservative Portfolio Balanced Portfolio *Ethical PortfolioGrowth  Portfolio Aggressive Portfolio
NZ fixed interest40.00%25.00%39.70%10.00%n.a
Cash & short term assets5.00%0.00%n.a.0.00%n.a
NZ & Australian shares 12.75%22.50%21.52%27.50%32.65%
International shares8.75%25.00%38.78%40.00%36.72%
International fixed interest20.00%15.00%n.a.10.00%n.a
Property6.50%7.50%n.a.10.00%4.52%
Mortgage7.00%5.00%n.a.2.50%n.a
Optionsn.an.an.an.a26.11%

* The asset split for the Ethical Portfolio is for the previous month.


Fidelity KiwiSaver Scheme Investment Returns

For the Period Ended 31 January 2013
Fund

Inception Date

Fund Size ($m) Unit Price
Month
Quarter
Six MonthsOne YearTwo Years (p.a.)Three Years
(p.a.)
Five Years
(p.a.)
CapGuaranteeMay - 0832.51 2.473357 0.38%1.34%3.43%6.17%4.57%4.59%n.a.
ConservativeOct - 0741.10 6.637558 0.51%1.94%5.49%9.64%6.24%6.28%5.50%
BalancedOct - 0791.81 6.440453 1.44%3.61%7.95%12.05%5.27%5.57%5.00%
EthicalMay - 088.88 2.439099 2.31%4.94%8.89%13.28%6.33%6.60%n.a.
GrowthOct - 0740.62 6.106160 2.02%5.05%9.49%13.27%4.92%5.32%3.60%
AggressiveOct - 0715.10 3.058565 2.09%5.71%10.33%14.53%3.74%4.98%4.50%
OptionsOct - 0761.30 4.611253 0.05%2.59%6.39%13.22%3.72%5.35%9.81%
The returns shown are net of investment management fees, fund management fees, performance fees paid to external fund managers (if applicable) and expenses. The returns shown do not allow for charges to individual accounts (administration fees and switching fees) or tax.
 

* The Options Kiwi Fund is geared through the use of put and call options. Due to this gearing, a relatively small movement in the market price of the underlying investment may result in a disproportionately large profit or loss to the Options Kiwi Fund. The Options Kiwi Fund has a high risk profile and is subject to significant volatility. The Options Kiwi Fund uses gearing and derivatives (options contracts) that could enhance any returns or generate substantial losses. For example, during August 2011, the unit price of the Options Kiwi Fund dropped 28% over a one-week period.

1. Past performance is not necessarily an indicator of future performance.
2. Returns assume funds invested at the beginning of the period, with no subsequent contributions or withdrawals
3. The administration fee is $3 per member per month.
4. The first switch between funds each year is free. Additional switches will incur a fee of $60 per switch
5. The returns are shown before tax. Your after-tax return will depend on your Prescribed Investor Rate.
6. A Fidelity KiwiSaver Scheme Investment Statement is available free of charge from your authorised financial adviser or from Fidelity Life.

Fidelity KiwiSaver Scheme Investment Funds - Asset Splits

For the Period Ended 31 January 2013
Asset ClassCapital Guarantee Kiwi FundConservative Kiwi FundBalanced Kiwi FundEthical Kiwi Fund*Growth Kiwi FundAggressive Kiwi Fund
Fixed interest17.66%35.74%21.37%39.70%12.86%0.00%
Cash51.09%5.14%0.13%n.a.0.25%0.06%
NZ/ Australian shares 8.69%15.26%24.11%21.52%31.05%30.26%
Global shares5.79%11.37%29.87%38.78%38.69%40.06%
Global Bonds16.77%27.94%18.95%n.a.8.18%0.00%
Propertyn.a.4.55%5.57%n.a.8.97%4.97%
Optionsn.a.n.a.n.a.n.a.n.a.24.65%
 

The Options Kiwi, besides having a small cash holding, is totally invested in the Tyndall Option Fund
The Ethical Kiwi, besides having a small cash holding, is totally invested in the Tyndall Wholesale Balanced SRI Fund
* The asset split for the Ethical Kiwi is for the previous month.

Dated 07 Feb 2013

All reasonable care has been taken in producing this information that in most instances comes from sources outside the administration manager, Fidelity Life Assurance Company Limited. Investors should seek professional advice before investment decisions are made.

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