Basis of Asset Allocation Recommendation - AXIS Portfolios
AXIS Financial Group uses Van Eyk
Research to develop our benchmark asset allocations. These are
detailed in the following table as at April 2008.
This table shows the recommended Asset
Allocation Strategies for different Risk Profiles. These
allocations assume a passive approach with no active review of
asset allocation during the investment period.
Investor Risk Profile
Conservative
Cautious
Prudent
Assertive
Aggressive
Australian Shares
12
24
35
45
50
International Equities
10
19
25
31
40
Property
8
9
10
10
10
Total Growth
30%
52%
70%
86%
100%
Australian Fixed Int.
26
24
17
9
-
International Fixed Int.
23
14
8
3
-
Cash
21
10
5
2
-
Total Defensive
70%
48%
30%
14%
0%
Minimum Timeframe
2
3
4
5
7
Average expected
return per annum.
4.5%
5.5%
6.5%
7.5%
8.5%
Expected negative annual returns in 10:
0.5
1.2
1.6
1.9
2.1
Expected level equivalent annually compounding return over the next 5 years, ignoring tax
distinctions. These returns are based on CPI of 3.0%.
AXIS Portfolios Platform
Returns
To obtain an indication of the
returns fro AXIS Portfolios, please refer to the platforms listed.
Members and investors who have been allocated a specific risk
profile (eg Aggressive, Cautious etc) will be able to compare the
returns for 6 month, 12 month and 3 year periods.
The Benchmark - Morningstar Index
returns are the average returns of the Pooled Superannuation
Trusts (PST) in the marketplace. The benchmark is calculated by
selecting the appropriate index for each asset class and
constructing a benchmark based on the recommended strategic asset
allocation of the portfolio. Longer term performance is a better
indicator when making comparisons.
AXIS Portfolios Platform Returns
Actual returns obtained may differ
from the published returns due to a number of factors. These
include, insurance costs, timing of contributions or purchase of
investments, rollovers or additional funds, withdrawals and
administration fees.
ASGARD EMPLOYEE SUPER
FUND
MACQUARIE SUPER
ACCUMULATOR
ASGARD EWRAP SUPER
FUND
MACQUARIE SUPER
MANAGER
BT LIFETIME SUPER
EMPLOYER FUND
SPECTRUM SUPER FUND
OPTIMUM SUPER FUND
COLONIAL FIRST CHOICE
EMPLOYER SUPER FUND
NAVIGATOR SUPER
SOLUTIONS FUND
MLC MASTERKEY
BUSINESS SUPER FUND
AMP CUSTOM SUPER FUND
Disclaimer The performance figures above for our recommended portfolios
and for the Morningstar benchmark are based on the returns of
wholesale funds. The figures quoted are before any taxes or
platforms fees have been deducted. However figures quoted are
after the deduction of Investment Management Fees (MER). The
actual performance of a members fund will be net of all fees and
taxes (but some will benefit from fund rebates). Other influences
on a members return include the timing of contributions (and
rollovers) and the subsequent investment of these contributions as
well as the timing of any insurance premium deducted.
