Disclosure statement

Disclosures

  • All graphs represent the simulated returns of a Consilium portfolio
  • Consilium’s asset allocations have changed over time. To provide indicative long term performance data, all returns before 2011 have been calculated assuming the asset allocation weights implemented in January 2011. Returns from 2011 have been calculated based on the asset allocations prevailing at the time
  • The actual and simulated asset class returns data that have been used to calculate strategy returns since 1991 are detailed in the table below
  • Returns are a combination of actual returns where available and simulated data based on indexes. Simulated data has only been used for returns before 2011 where necessary
  • Consilium has taken every care in preparing this information.  Although data has been sourced from publicly available information and/or provided by the investment managers, we are not able to guarantee the accuracy of the source data
  • Unless specified, all published returns are in New Zealand dollars and net of management fees, but before custodial, administration, adviser fees and transaction costs, and before tax
  • Returns for periods longer than one year have been annualised using a geometric conversion
  • Standard deviations have been annualised by multiplying the monthly standard deviation by the square root of twelve.  The standard deviations computed from annual data will differ from this calculation
  • Past performance, whether actual or simulated, is not indicative of future performance
  • Individuals should obtain specific investment advice from a qualified adviser before making any investment decisions

 

Asset ClassJan 1990 - June 1991July 1991 - Jan 1997Feb 1997 - June 2003July 2003 - Dec 2004Jan 2005 - April 2009May 2009 - Dec 2010Jan 2011 - March 2013April 2013 - March 2016April 2016 - Present
NZ Equities NZX Top Ten Index (Source: NZX) NZSX 40 Accum Index (Source: NZX) NZX 40 Accum Index to January 2001, February 2001 to present NZX 50 Accum (Source: NZX) NZX 50 Accum (Source: NZX) Smartshares FNZ  (Source: Smartshares) Smartshares FNZ (Source: Smartshares) Smartshares FNZ (Source: Smartshares) Smartshares FNZ (Source: Smartshares) Harbour New Zealand Equity Advanced Beta Fund (Source: Harbour Asset Management)
Australian Equities 50% DFA Aus Value Strategy, 30% DFA Aus Large Strategy, 20% DFA Small Strategy (Source: DFA) 50% DFA Aus Value Strategy, 30% DFA Aus Large Strategy, 20% DFA Small Strategy (Source: DFA) 50% DFA Aus Value Strategy, 30% DFA Aus Large Strategy, 20% DFA Small Strategy (Source: DFA) 50% DFA Aus Value Strategy, 30% DFA Aus Large Strategy, 20% DFA Small Strategy (Source: DFA) 50% DFA Aus Value Strategy, 30% DFA Aus Large Strategy, 20% DFA Small Strategy (Source: DFA) 50% DFA Aus Value Strategy, 30% DFA Aus Large Strategy, 20% DFA Small Strategy (Source: DFA) 50% DFA Aus Value Strategy, 30% DFA Aus Large Strategy, 20% DFA Small Strategy (Source: DFA) 50% DFA Aus Value Strategy, 30% DFA Aus Large Strategy, 20% DFA Small Strategy (Source: DFA) 50% DFA Aus Value Strategy, 30% DFA Aus Large Strategy, 20% DFA Small Strategy (Source: DFA)
International Equities 82.35% DFA Global Core Strategy Unhedged and 17.65% DFA Global Value Strategy (Source: DFA) 82.35% DFA Global Core Strategy Unhedged and 17.65% DFA Global Value Strategy (Source: DFA) 82.35% DFA Global Core Strategy Unhedged and 17.65% DFA Global Value Strategy (Source: DFA) 82.35% DFA Global Core Strategy Unhedged and 17.65% DFA Global Value Strategy (Source: DFA) 82.35% DFA Global Core Strategy Unhedged and 17.65% DFA Global Value Strategy (Source: DFA) 82.35% DFA Global Core Strategy Hedged and 17.65% DFA Global Value Strategy (Source: DFA) 82.35% DFA Global Core Strategy Hedged and 17.65% DFA Global Value Strategy (Source: DFA) 59.53% DFA Global Core Strategy Hedged to NZD, 32.14% DFA Global Value Strategy and 8.33% DFA Global Small (Source: DFA) 60.74% DFA Global Core Strategy Hedged to NZD, 31.41% DFA Global Value Strategy and 7.85% DFA Global Small (Source: DFA)
Emerging Markets DFA Emerging Markets Strategy (Source: DFA) DFA Emerging Markets Strategy (Source: DFA) DFA Emerging Markets Strategy (Source: DFA) DFA Emerging Markets Strategy (Source: DFA) DFA Emerging Markets Strategy (Source: DFA) DFA Emerging Markets Strategy (Source: DFA) DFA Emerging Markets Strategy (Source: DFA) 50% DFA Emerging Markets Strategy and 50% iShares MSCI Emerging Markets(Source: DFA & ASX) 60% DFA Emerging Markets Strategy and 40% iShares MSCI Emerging Markets(Source: DFA & ASX)
NZ Property NZX Property Gross Index (Source: Morningstar) NZX Property Gross Index (Source: Morningstar) NZX Property Gross Index (Source: Morningstar) Consilium Listed Property Portfolio (Source: NZX and Morningstar) Consilium Listed Property Portfolio (Source: NZX and Morningstar) Consilium Listed Property Portfolio (Source: NZX and Morningstar) Consilium Listed Property Portfolio (Source: NZX and Morningstar) Consilium Listed Property Portfolio (Source: NZX and Morningstar) Consilium Listed Property Portfolio (Source: NZX and Morningstar)
International Property DFA Global Property (Source: DFA) DFA Global Property (Source: DFA) DFA Global Property (Source: DFA) DFA Global Property (Source: DFA) DFA Global Property (Source: DFA) DFA Global Property (Source: DFA) DFA Global Property (Source: DFA) DFA Global Property (Source: DFA) DFA Global Property (Source: DFA)
NZ Fixed Interest NZ 10 Year Govt Bond Index (Source: Morningstar) NZ 10 Year Govt Bond Index (Source: Morningstar) NZ 10 Year Govt Bond Index (Source: Morningstar) ANZ Corporate A Bond Index (Source: Morningstar) ANZ Corporate A Bond Index (Source: Morningstar) Harbour Corporate Bond Fund  (Source: First NZ & Harbour Asset Management) 67% Harbour Corporate Bond Fund, 33% AMP NZ Fixed Interest Fund (Source: AMP & Harbour Asset Management)

67% Harbour Corporate Bond Fund, 33% AMP NZ Fixed Interest Fund (Source: AMP & Harbour Asset Management)

Harbour Corporate Bond Fund (Source: Harbour Asset Management)
International Fixed Interest DFA 5 Year Fixed Interest Strategy Hedged to NZD (Source: DFA) DFA 5 Year Fixed Interest Strategy Hedged to NZD (Source: DFA) DFA 5 Year Fixed Interest Strategy Hedged to NZD (Source: DFA) DFA 5 Year Fixed Interest Strategy Hedged to NZD (Source: DFA) DFA 5 Year Fixed Interest Strategy Hedged to NZD (Source: DFA) DFA 5 Year Fixed Interest Strategy Hedged to NZD (Source: DFA) DFA 5 Year Fixed Interest Strategy Hedged to NZD (Source: DFA) 50% DFA 5 Year Fixed Interest Strategy Hedged to NZD and 50% DFA Global Bond Fund Trust Hedged to NZD (Source: DFA) 50% DFA 5 Year Fixed Interest Strategy Hedged to NZD and 50% DFA Global Bond Fund Trust Hedged to NZD (Source: DFA)
Cash NZ One Month Bank Bills (Source: Reuters and Bloomberg) NZ One Month Bank Bills (Source: Reuters and Bloomberg) NZ One Month Bank Bills (Source: Reuters and Bloomberg) NZ One Month Bank Bills (Source: Reuters and Bloomberg) NZ One Month Bank Bills (Source: Reuters and Bloomberg) NZ One Month Bank Bills (Source: Reuters and Bloomberg) NZ One Month Bank Bills (Source: Reuters and Bloomberg)

Smartshares FNZ (Source: Smartshares)

NZ One Month Bank Bills (Source: Reuters and Bloomberg)