Investment Returns December 2008
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| For the period
ended 31 December 2008 |
|
Average Return Over |
| Portfolio |
Portfolio
Size ($m)
|
Unit
Price
|
Month
|
Quarter
|
Year
|
3 Years
(% p.a.)
|
5 Years
(% p.a.)
|
10 years
(% p.a.)
|
| Conservative |
149.04 |
2.8862 |
0.24% |
-0.73% |
-1.70% |
2.76% |
3.89% |
3.85% |
| Balanced |
40.76 |
2.5895 |
0.15% |
-3.76% |
-9.84% |
0.35% |
2.83% |
2.78% |
| Ethical |
0.02 |
1.7921 |
-1.10% |
n.a. |
n.a. |
n.a. |
n.a. |
n.a. |
| Growth |
17.83 |
2.3484 |
-0.34% |
-7.50% |
-18.31% |
-2.37% |
1.71% |
1.96% |
| Aggressive |
2.63 |
1.8108 |
-3.90% |
-14.56% |
-24.18% |
-4.21% |
1.26% |
n.a. |
| Cash |
31.96 |
2.8424 |
0.28% |
1.22% |
5.13% |
4.84% |
4.40% |
n.a. |
| Mortgage |
7.12 |
3.1087 |
0.52% |
1.46% |
5.78% |
5.53% |
5.23% |
4.70% |
| NZ Fixed
Interest |
2.07 |
2.9143 |
-0.86% |
1.11% |
4.96% |
3.41% |
3.70% |
3.82% |
| Options |
2.63 |
2.3859 |
-13.58% |
-22.30% |
-12.12% |
1.02% |
n.a. |
n.a. |
|
Property |
2.54 |
2.8615 |
0.33% |
0.93% |
3.03% |
4.53% |
3.17% |
3.87% |
| NZ / Australian
Shares |
5.82 |
2.8063 |
-0.60% |
-13.98% |
-30.18% |
-6.69% |
0.55% |
3.95% |
| International |
33.95 |
1.4376 |
-1.15% |
-12.59% |
-28.57% |
-6.62% |
-0.98% |
-2.86% |
| |
Diversified portfolios (Conservative, Balanced and
Growth) invest in single sector pools.
These indirect investments are excluded from the portfolio size of the single
sectors.
Notes:
1. Past performance is
not necessarily an indicator of future performance.
2. The returns shown do not allow for
front-end, renewal, withdrawal or
alteration fees.
3. There are no withdrawal fees on Life Bonds. On Power Saver/Super Plans
there
is an alteration fee of $60 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 $60.
4. The current rate
of tax for life insurance companies is 30%. The rate and
basis of taxation may change.
5. The returns shown are net of tax and investment management
fees.
FIDELITY LIFE PORTFOLIOS
- ASSET SPLITS
|
|
Asset class |
Conservative
Portfolio
|
Balanced Portfolio
|
Growth
Portfolio
|
Aggressive
Portfolio
|
|
NZ fixed interest |
35.00% |
15.00% |
7.50% |
n.a. |
|
Cash/short term assets |
22.25% |
12.50% |
5.00% |
n.a. |
|
New Zealand/Australian
shares |
9.25% |
12.50% |
15.00% |
16.44% |
|
International
shares |
9.00% |
32.50% |
52.50% |
56.26% |
|
International fixed
interest |
12.50% |
15.00% |
7.50% |
n.a. |
|
Property |
4.50% |
7.50% |
10.00% |
n.a. |
|
Mortgage |
7.50% |
5.00% |
2.50% |
n.a. |
|
Options |
n.a. |
n.a. |
n.a. |
27.30% |
|
FIDELITY KIWISAVER SCHEME INVESTMENT RETURNS
(after management
fees, before tax)
|
| For the
period ended 31 December 2008 |
|
Fund
Size ($m)
|
Unit
Price
|
Month
|
Quarter
|
6 Months |
12 Months |
|
Capital Guarantee |
0.615 |
2.055621 |
-1.99% |
0.10% |
2.14% |
- |
|
Conservative Kiwi |
4.688 |
5.132094 |
-1.04% |
-1.35% |
-0.05% |
1.18% |
|
Balanced Kiwi |
9.686 |
5.036963 |
0.57% |
-1.56% |
-0.46% |
-1.02% |
|
Ethical Kiwi |
0.132 |
1.822670 |
-0.94% |
-8.13% |
-9.37% |
- |
|
Growth Kiwi |
5.239 |
4.759563 |
-0.33% |
-5.90% |
-6.29% |
-8.15% |
|
Aggressive Kiwi |
2.501 |
2.154709 |
-2.96% |
-13.18% |
-13.93% |
-17.56% |
|
Options Kiwi |
6.671 |
2.714729 |
-10.68% |
-23.44% |
-19.36% |
-8.37% |
|
Notes:
1. Past performance is not necessarily an indicator of future performance.
2. The returns shown do not allow for administration, switching fees or mortgage
diversion fees:
- The administration fee is $3 per member per month.
- The first switch between funds each year is free.
Additional switches will incur a fee of $60 per switch.
- A fee of $25 applies to set up mortgage diversion.
There is no ongoing fee.
3. The returns are shown before tax. Your after-tax return will depend on your
Prescribed Investor Rate.
FIDELITY KIWISAVER FUNDS - ASSET SPLITS
|
| Asset Class |
Capital Guarantee
Kiwi |
Conservative
Kiwi |
Balanced
Kiwi
|
Growth
Kiwi
|
Aggressive
Kiwi |
| Cash |
59.09% |
34.88% |
24.97% |
13.66% |
0.52% |
| Fixed
Interest |
30.09% |
45.03% |
34.95% |
19.88% |
n.a. |
| NZ/Australian
shares |
5.06% |
10.11% |
10.14% |
15.12% |
25.10% |
| Global
shares |
5.76% |
9.98% |
29.94% |
51.34% |
50.38% |
| Tyndall Option
fund |
n.a. |
n.a. |
n.a. |
n.a. |
24.00% |
|
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
Dated 15 January 2008
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.