zenith essentials managed portfolios€¦ · risk bank/risk label 4/ medium 5/ medium to high 6/...

Zenith Essentials Managed Portfolios

MyNorth® Managed Portfolios

Managed portfolios Target exposure

Growth Defensive

Zenith Essentials 50% Growth Portfolio

Aims to provide a high level of income, a moderate level of capital growth and a moderate level of capital volatility.

50 50


Aims to provide a high level of income, a moderate level of capital growth and a moderately high level of capital volatility.

70 30


Aims to provide a high level of income, a high level of capital growth and a high level of capital volatility.

1585


Aims to provide a high level of income, a high level of capital growth and a very high level of capital volatility.

100

About Zenith

Zenith is an Australian research house, specialising in managed funds research and consulting. Established in 2002, Zenith works with clients to build out managed portfolios solutions, investment capability and governance.

Zenith’s portfolio idea generation arises from annual reviews of the strategic asset allocation, quarterly sector reviews and manager selection.

Manager selection is a key value add. This input occurs through Zenith’s market-renowned annual sector reviews ratings, ranking and themes, and analyst best ideas portfolios.

Zenith Essentials Managed Portfolios

The Zenith Essentials Managed Portfolios are offered by NMMT Limited (NMMT), and expertly constructed and managed by Zenith Investment Partners Pty Ltd (Zenith). There are four diversified managed portfolios available, designed to achieve different investment and risk objectives.

Snapshots

A summary of the four Zenith Essentials Managed Portfolios. Full details can be found in the PDS.





Lower risk Higher risk

Code NTH0024 NTH0025 NTH0026 NTH0027

Risk bank/risk label 4/ Medium 5/ Medium to High 6/ High 7/ Very High

Minimum investment horizon 3 years 4 years 5 years 7 years

Investment objective Aims to provide a high level of income, a moderate level of capital growth and a moderate level of capital volatility.




Investment management fee(i) 0.15% pa 0.15% pa 0.15% pa 0.15% pa

Estimated indirect costs(ii) 0.89% pa 1.09% pa 1.21% pa 1.32% pa

Target exposure

Growth Defensive50 50 70 30 1585 100

Long-term average target class allocation

Growth assets

Australian shares

International shares

Listed property / Infrastructure

Alternatives

Defensive assets

Australian fixed income

International fixed income

Cash

7.50%

16.25%

18.75%

17.10%

12.50%

20.40%7.50%

26.25%

22.75%

10.50%

10.50%

15.75%

14.25%

32.00%

27.75%

12.75%

12.50%

7.50%

7.50%

37.50%

32.50%

15.00%

15.00%

(i) A performance-based fee based on your managed portfolio balance that is deducted from the cash account.

(ii) Indirect costs may be more or less than the estimated amounts and are reflected in the unit price of the underlying assets. Indirect costs may include management fees, performance-based fees, recoverable expenses, and costs of investing in derivatives.

Example of $100,000 investment in Zenith Essentials 70% Growth Portfolio

The Zenith Essentials 70% Growth Portfolio invests in a diversified range of assets that include some from the Advantage Funds range. Allocation is at 30 June 2019 and can vary from time to time.

Growth Defensive

Australian shares Global equities Property and infrastructure Alternatives Fixed interest

$6,500 $7,000 $3,500 $5,250 $6,500

$6,750 $6,500 $3,500 $5,250 $6,500

$4,500 $4,750 $6,000

$4,250 $3,500 $6,000

$4,250 $2,250 $5,000

$2,250

Managed portfolios provide a structure that enables the conversion of new, or existing portfolios, into a rigorous and compliant format that removes the need for ROAs/SOAs when portfolio changes are made. Operating via a managed investment scheme, the portfolios are managed by an experienced professional consultant on behalf of advisers with the ability to make immediate portfolio changes potentially enabling higher performance.

The consultant and responsible entity provide a reporting service for advisers and investors, giving regular detailed insights and transparency into any changes both at a fund level, or at the underlying stock holding and sectoral positions that provide ongoing touch points for both adviser and client.

David Wright

Director, Zenith Investment Partners

A summary of the four Zenith Essentials Managed Portfolios. Full details can be found in the PDS.





Lower risk Higher risk

Code NTH0024 NTH0025 NTH0026 NTH0027

Risk bank/risk label 4/ Medium 5/ Medium to High 6/ High 7/ Very High

Minimum investment horizon 3 years 4 years 5 years 7 years

Investment objective Aims to provide a high level of income, a moderate level of capital growth and a moderate level of capital volatility.




Investment management fee(i) 0.15% pa 0.15% pa 0.15% pa 0.15% pa

Estimated indirect costs(ii) 0.89% pa 1.09% pa 1.21% pa 1.32% pa

Target exposure

Growth Defensive50 50 70 30 1585 100

Long-term average target class allocation

Growth assets

Australian shares

International shares

Listed property / Infrastructure

Alternatives

Defensive assets

Australian fixed income

International fixed income

Cash

7.50%

16.25%

18.75%

17.10%

12.50%

20.40%7.50%

26.25%

22.75%

10.50%

10.50%

15.75%

14.25%

32.00%

27.75%

12.75%

12.50%

7.50%

7.50%

37.50%

32.50%

15.00%

15.00%

(i) A performance-based fee based on your managed portfolio balance that is deducted from the cash account.

(ii) Indirect costs may be more or less than the estimated amounts and are reflected in the unit price of the underlying assets. Indirect costs may include management fees, performance-based fees, recoverable expenses, and costs of investing in derivatives.

This brochure provides a summary on the Zenith Essentials Managed Portfolios. Full details can be found in the MyNorth Managed Portfolios PDS available at northonline.com.au/managedportfolios

Example of $100,000 investment in Zenith Essentials 70% Growth Portfolio

The Zenith Essentials 70% Growth Portfolio invests in a diversified range of assets that include some from the Advantage Funds range. Allocation is at 30 June 2019 and can vary from time to time.

Growth Defensive

Australian shares Global equities Property and infrastructure Alternatives Fixed interest

$6,500 $7,000 $3,500 $5,250 $6,500

$6,750 $6,500 $3,500 $5,250 $6,500

$4,500 $4,750 $6,000

$4,250 $3,500 $6,000

$4,250 $2,250 $5,000

$2,250

Key benefits

Zenith Essentials Managed Portfolios offer you

Diversification

Zenith Essentials Managed Portfolios incorporate dynamic asset allocation and invest in a range of asset classes to assist in achieving returns whilst minimising risk.

Portable

Available across MyNorth, North®, Summit® and ipac iAccess®, underlying assets can be transferred or switched in or out of chosen managed portfolio(s) with you maintaining beneficial ownership.

Investment management

Zenith will use their expertise to construct and manage a series of diversified portfolios to agreed objectives.

Responsive

Zenith can quickly make immediate portfolio changes, potentially enabling higher performance.

Transparency

You can track the performance of the underlying asset at any time on North Online. A reporting service is available, providing transparency around any changes with the portfolio and underlying holdings.

Key risksThe performance of the Zenith Essentials Managed Portfolios will depend on the performance of the assets in the managed portfolio. The managed portfolios offered are subject to risk, including possible delays in repayment and loss of income and capital. No member of the AMP group or the investment manager(s) guarantee the repayment of capital, payment of income or the performance of the managed portfolios chosen.

All investments carry a risk component. Risk in an investment context refers to the possibility that the investment will not return its original capital or expected income and that the level of return will be volatile over any given time period. This risk can include market risk, company risk, currency risk, interest rate and inflation risk. For more information on key risks, refer to the MyNorth Managed Portfolios PDS.

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We’re here to helpFor more information, please refer to the MyNorth Managed Portfolios PDS, or contact your financial adviser, or the North Service Centre on 1800 667 841.

phone 1800 667 841

web northonline.com.au

mail North Service Centre GPO Box 2915 MELBOURNE VIC 3001

What you need to know

Any advice in this document is provided by NMMT Limited ABN 42 058 835 573, AFSL 234653 (NMMT) and is general only. The issuer of MyNorth, North, Summit, iAccess Super and Pension products is N.M. Superannuation Pty Limited ABN 31 008 428 322, AFSL 234654 (NM Super). The issuer of MyNorth, North, Summit and iAccess Investment IDPS products and MyNorth Managed Portfolios is NMMT. NMMT has appointed Zenith Investment Partners Pty Limited ABN 27 103 132 672, AFSL 226872 (Zenith Investment Partners) as investment manager for Zenith Essentials Managed Portfolios. Zenith Investment Partners (Zenith) ABN 27 103 132 672, AFS L226872 is the provider of General Advice (s766B Corporations Act 2001). To the extent that any content of this document constitutes advice, it is General Advice for Wholesale clients only. Zenith accepts no liability, whether direct or indirect arising from the use of information contained in this document. Full details regarding Zenith’s contact details and research processes are available at zenithpartners.com.au/RegulatoryGuidelines. The advice does not take into account any person’s personal objectives, financial situation or needs. Therefore, before acting on the advice, a person should consider the appropriateness of this advice having regard to those matters. Before making a decision about the product, a person should consider the MyNorth Managed Portfolios PDS available from northonline.com.au or by contacting the North Service Centre on 1800 667 841. NMMT is part of the AMP group and can be contacted on 1800 667 841 or [email protected]. If a person decides to purchase or vary a financial product, companies within the AMP group will receive fees and other benefits, which will be a dollar amount or a percentage of either the premium they pay or the value of their investments. AMP Capital Funds Management Limited ABN 15 159 557 721, AFSL 426455 (AMPCFM) is the responsible entity of each of the Advantage Funds (Funds) and the issuer of the units in the Funds. Contact AMP for more details. Neither NMMT, AMP Limited ABN 49 079 354 519, nor any member of the AMP group, or their associates accept liability in respect of this document nor to any third party in respect of this document, to the extent permitted by law. Whilst all effort has been made to ensure the accuracy of the data provided as at the date of provision, neither NMMT, AMP Limited, nor any member of the AMP group guarantees the accuracy of the data provided and do not accept liability for loss stemming from decisions made by any person relying upon the information in this document.

The information in this document is current as at July 2019 and is subject to change without notice.

®MyNorth, North and Summit are registered trademarks of NMMT Limited ABN 42 058 835 573 AFSL 234653.

®ipac iAccess is a registered trademark of ipac asset management limited ABN 22 003 257 225.

zenith essentials managed portfolios€¦ · risk bank/risk label 4/ medium 5/ medium to high 6/...

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