Multi-Asset Income Portfolios are actively managed portfolios of high yielding investments in Australian and global equities, fixed interest and cash.
Private Portfolio Managers Pty Limited (PPM) is a boutique investment manager with over 25 years’ experience in building and managing equity portfolios for clients through individually managed accounts (IMAs). Although each IMA portfolio is managed individually and incorporates each clients specific investment parameters and tax requirements, the aggregate characteristics of the Multi-Asset Income Portfolios are detailed below.
Key features
- A portfolio of directly held assets listed on major global exchanges, either tradable or redeemable.
- Selected and managed by PPM using its proven investment process
- Risk averse, long term approach.
- Tax aware, seeking to optimise after tax returns.
- Concentrated portfolio of high yielding investments in Australian and global equities, fixed interest and cash.
- Unhedged
- Can accept contribution in cash or transfer into the portfolio of existing shares
Investment Objective & Strategy
- Generate an agreed income target ($ or % of portfolio) and grow the capital value of the portfolio in line with inflation over the investment cycle.
- Low long-term volatility
- Investment process identifies sound assets. Disciplined approach to valuation.
- Comprehensive, in depth research into investments.
Investor Profile
- seek a defensive investment that produces a regular income stream;
- want the flexibility of being able to invest cash or transfer into their portfolio existing shares without triggering tax consequences;
- have a long-term investment horizon of at least five years and accept the risk of price fluctuations during that period.
Investment Parameters*
| Management Style | Active |
|---|---|
| *Blended Benchmark | 45% All Ords Accumulation Index,15% MSCI World Developed, 35% Bonds,5% Bank Bill Index |
| Number of securities | 20-35 |
| Single security limit* | 10% of portfolio |
| Derivatives | No |
| Leverage/ Shorting | No |
| Portfolio Turnover | <25% per annum |
Portfolio Profile
| Investments | Australian & International equities, fixed interest & cash |
|---|---|
| Min Investment | A$500,000 |
| Investment Horizon | 5 years + with some volatility |
| Ability to tailor investments | Yes, bespoke IMA |
| Ability to set income requirements | Yes |
| Tax considerations | Yes, portfolios tailored to each client’s tax circumstances |
| Management Fee | % of FUM plus GST |
| Administration & Reporting Fees | None |
| Advice & Asset Allocation Fees | None |
As at 31 August 2024
Performance
| Multi-Asset Income Portfolios | Blended Benchmark | Value Added | |
|---|---|---|---|
| 1 year % p.a. | 14.09 | 11.47 | 2.62 |
| 3 year % p.a. | 9.29 | 3.92 | 5.37 |
| 5 year % p.a. | 11.77 | 5.84 | 5.93 |
| 10 year % p.a. | 9.25 | 6.78 | 2.47 |
| 15 year % p.a. | 9.84 | 7.34 | 2.50 |
| Since inception % p.a. | 11.21 | 7.68 | 3.53 |
*Performance returns are before fees and taxes and starting from 1 July 2022 includes the value of franking credits.
Asset Allocation
Sector Allocation
This website is owned and operated by Private Portfolio Managers Pty Limited (ABN 50 069 865 827 AFSL 241058) (PPM). The information on this website has been provided for general information purposes and must not be construed as investment or professional advice. PPM suggests you consider obtaining professional advice before making any investment decisions. The financial services described do not represent a deposit or a liability and are subject to investment risk including possible loss of income and capital. Neither PPM nor its directors, employees or any associate guarantee the repayment of capital, payment of income or any portfolios performance. Past performance is not necessarily indicative of future returns.© Private Portfolio Managers Pty Limited 2024 ABN 50 069 865 827 AFS Licence No. 241058