Cumulative Returns - Since Inception
Best Ideas – Market Timing: 9.23%
BIMT Benchmark - 70% SPDR S&P 500 ETF (SPY) and 30% SPDRS Bloomberg Barclays 1-3m Bill ETF (BIL): 12.19%
Top and Bottom Five Contributors – Since Inception
Past performance is not a guide to future performance, future returns are not guaranteed, and a loss of original capital may occur.
Figures are current as at 31st December 2019.
Performance is AUD unhedged.
Figures are NET of investment management fees (0.75% +GST) and GROSS of performance fees (10% of the net-of-fee return above the 12-month average Moodys Seasoned US Corporate Baa Yield + 0.75%).
Returns are based on a composite of all client accounts invested in the Best Ideas Market Timing strategy.
Inception date for the Best Ideas Market Timing investment strategy is 11/4/2019.
All figures are calculated by Interactive Brokers LLC.
Benchmark returns are converted into AUD using monthly exchange rate data from Interactive Brokers LLC and the Federal Reserve Economic Data website: https://fred.stlouisfed.org/ .
Target Asset Allocation (31/12/2019)
80% US Stocks
20% Cash and Short-term US Treasuries
Asset Allocation Framework – US Equities
The user's guide to our Asset Allocation Framework can be found HERE