LWM Balanced Growth

Aim of fund:

The portfolio looks to deliver above inflation return (capital growth) through a combination of fixed interest, equity and property investments.

Portfolio Review:

Quarterly Portfolio UpdateOctober 2018
Quarterly Market UpdateOctober 2018
Morningstar Quarter 3 2018 Portfolio OverviewOctober 2018
Quarterly Portfolio UpdateJuly 2018
Quarterly Market UpdateJuly 2018
Morningstar Quarter 2 2018 Portfolio OverviewJuly 2018
Quarterly Portfolio UpdateApril 2018
Quarterly Market UpdateApril 2018
Morningstar Quarter 1 2018 Portfolio OverviewApril 2018
Quarterly Portfolio UpdateJanuary 2018
Quarterly Market UpdateJanuary 2018
Morningstar Quarter 4 2017 Portfolio OverviewJanuary 2018

Risk and benchmark performance of fund:

The portfolio holds a higher content of equities compared to the cautious and defensive portfolios, but less than the adventurous portfolios. Currently the portfolio holds approximately 26% in assets such as fixed interest and absolute return funds, with the balance in equity funds which can include property. We believe this is the best way to provide potential upside growth as well as providing equal weight between risk and reward.

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Performance:

The Portfolio was launched on the 1 January 2009 and the total return up to 30 September 2018 is 201.63% (12.00% p.a.) against a benchmark return of 120.90% (8.47% p.a.). A detailed breakdown of the performance is shown below.

Standardised Performance


1 Yr to 30/09/141 Yr to 30/09/151 Yr to 30/09/161 Yr to 30/09/171 Yr to 30/09/18
Balanced7.74%3.04%17.79%15.61%8.57%
Benchmark7.54%0.44%18.81%8.79%5.52%

12 Months Total Return (bid to bid) Source: Morningstar, net income reinvested.
 201320142015201620172018
Balanced13.89%6.71%6.24%13.76%18.24%3.54%
Benchmark8.89%8.80%1.25%16.53%10.17%1.90%

Performance from 31 December 2008 to 30 September 2018. Source: Morningstar, on an bid to bid basis with net income reinvested.

You should note that past performance is not a reliable indicator of future returns and the value of your investments can fall as well as rise. The total return reflects performance without sales charges or the effects of taxation, but is adjusted to reflect all on-going fund expenses and assumes reinvestment of dividends and capital gains. If adjusted for sales charges and the effects of taxation, the performance quoted would be reduced.

Split by funds:

Fund Name
Percentage Holding
Fixed Interest / Absolute Return26%
Invesco Perpetual Global Targeted Returns Fund3%FactsheetKID
Standard Life Global Absolute Return Strategies Fund10%FactsheetKID
Jupiter Absolute Return Fund5%
Factsheet
KID
Threadneedle Dynamic Real Return Fund6%
Factsheet
KID
Threadneedle Emerging Market Bond Fund2%
Factsheet
KID
Property10%
First State Global Property Securities Fund5%FactsheetKID
TR Property Investment Trust5%FactsheetDocuments
UK Equities
15%
Standard Life UK Smaller Companies Trust4%FactsheetDocuments
AXA Framlington UK Smaller Companies Fund4%FactsheetKID
BlackRock UK Income Fund3%FactsheetKID
Standard Life UK Equity Income Unconstrained Fund4%FactsheetKID
US Equities
10%
AXA Framlington American Fund3%
FactsheetKID
Artemis US Smaller Companies Fund3%
FactsheetKID
L&G US Index Trust4%FactsheetKID
European Equities
10%
Janus Henderson European Smaller Companies Fund2%FactsheetKID
Schroder European Alpha Income Fund3%FactsheetKID
Artemis European Opportunities Fund3%FactsheetKID
BlackRock Emerging Europe plc2%FactsheetKID
Japanese Equities
5%
Neptune Japan Opportunities Fund2.5%FactsheetKID
JPMorgan Investment Trust2.5%FactsheetDocuments
Far East (ex Japan) Equities
6%
Liontrust Asia Income Fund3%FactsheetKID
Hermes Asia Ex Japan Equity Fund
3%FactsheetKID
Emerging Markets Equities
6%
BlackRock Frontiers Investment Trust2%FactsheetDocuments
Templeton Emerging Markets Investment Trust2%FactsheetDocuments
Hermes Global Emerging Markets Fund2%FactsheetKID
Global Equities
12%
Scottish Mortgage Investment Trust PLC5%FactsheetDocuments
Schroder ISF Global Recovery Fund3%FactsheetKID
Standard Life Global Smaller Companies Fund4%FactsheetKID

Important notes

 

Performance

The performance for the portfolio is based on the previous holdings for the portfolio. Data for performance is sourced from Morningstar. These figures are provided to give an indication of the performance of the portfolio. The performance figures take into account all fund / asset charges but do not reflect any additional charges, for example the cost of the investment plan and fees paid to LWM. These expenses may reduce the actual figures shown.

As an example of how this will impact on the performance, assuming the total gross cost of the portfolio is 0.66% p.a. (this is reflected in the performance figures shown), then after rebates and reflecting any fees payable to LWM Consultants the actual cost of this portfolio could be 2.06% p.a. (on a fund of £100,000 this would be £2,060 p.a.) This means that the drag on performance is around 1.40% p.a. (on a fund of £100,000 this would be £1,400 p.a.) So in 2017 the return was 16.84%, the net return after rebates and fees would have been 12.36%. This is an indication of costs as the assets and costs will move. The cost of accessing the funds may be higher via other routes and will include additional fees, the estimate is based on the highest charge via a SIPP and for other investments the charge will be lower. Charges may also reduce depending on the size of the assets held.

You should note that past performance is not a reliable indicator of future returns and the value of your investments can fall as well as rise. LWM only invests in UK based investments although some funds / assets may have overseas holdings, the performance of funds / assets where some holdings are denominated in foreign currencies will also be subject to variations in currency rates.

Factsheets

These factsheets are provided by third parties for information. LWM is not responsible for these factsheets, has not reviewed them, and accepts no liability in connection with your use of them or any of their content. These factsheets display the fund manager’s standard retail charges and please note that product charges and fees may replace the charges displayed.