Home |Performance Unit Trust
The Performance Unit Trust is designed as a moderately aggressive investment vehicle to provide enhanced returns over the medium to long term. Investors should view this Unit Trust as a medium/higher risk investment suitable for a 5 years plus investment time frame.
The Performance Unit Trust will invest in a diversified range of asset categories depending on the historical trends and the researched opportunities identified by the manager. In addition, part of this fund will utilise limited leverage to borrow in low interest rate currencies and invest in bonds, companies and funds yielding higher returns than the cost of the borrowing. This should significantly enhance returns over the longer term. There will be a very strong bias to international investment options.
The Performance Unit Trust is designed for the investor who wants their investment to achieve higher rates of compounding growth for medium to long term wealth creation.
All dividends and realised capital gains will be reinvested for maximum compounding growth, after allowing for tax obligations and fund expenses.
2010
Performance Fund Update for the month of June
Performance Fund Update for the month of May
Performance Fund Update for the month of April
Performance Fund Update for the month of March
Performance Fund Commentary for the month of March
Performance Fund Update for the month of February
Performance Fund Update for the month of January
2009
Performance Fund Update for the month of December
Performance Fund Update for the month of November
Performance Fund Update for the month of October
Performance Fund Update for the month of September
Performance Fund Update for the month of August
Commentary for the Month of August
The Performance Unit Trust had some good underlying gains, particularly in the Jyske Bank part of the portfolio, but the rising NZ dollar wiped them out in August producing a nil return. In the last 3 months the Jyske Bank portfolio has risen 30% [mostly in June and July] but the NZ dollar has risen 15% during that time. The other half of the portfolio has certainly not performed as well, but the Performance Unit Trust as a whole is still up 11.43% year-to-date. Precious metals were flat for the month, oil went up and down like a yo-yo, but many of our holdings in Europe, Brazil, Israel, Canada and Australia added value to our portfolio. The best driver for the last couple of months has been the falling US dollar which has added a lot of value to our Jyske Bank InvestLoan programme. Long may this last!!
Performance Fund Update for the month of July
Performance Fund Update for the month of April
Performance Fund Update for the month of March
Performance Fund Update for the month of February
Performance Fund Update for the month of January
2008
Performance Fund Update for the month of December
Performance Fund Update for the month of November
Performance Fund Update for the month of October
Performance Fund Update for the month of September
Performance Fund Update for the month of August
Performance Fund Update for the month of July
Performance Fund Update for the month of June
Performance Fund Update for the month of May
June was another volatile month though from beginning to end there were not major movements. Our funds all went down slightly although much of that was due to the rising New Zealand dollar during the month.