Private Asset Management Ltd   
Building Value for Private Clients

Performance 

Our portfolio monitoring system allows us to track the performance of our client’s portfolios. We compare our average return after fees against the returns of the average NZ pension fund or balanced unit trust before fees. We have outperformed over the short, medium & long term in a difficult environment. For some perspective on our clients 5 year return of 9.5% pa, after fees, in the same period the Average Pension Fund returned an estimated 8.2% pa before management fees. Our asset allocation is similar to that of the Average Pension Fund. We are pleased with our performance but caution that historic returns aren’t necessarily indicative of future returns. Low fees however are. 



PERFORMANCE RELATIVE TO BENCHMARK


These are actual results with clients money not model portfolios unrepresentative of actual advice.

 

Footnote:

PAM returns are after all fees.  The Average Pension Fund is a composite measure of returns from NZ Government stock (30%), global bonds (10%), property (10%), NZ equities (15%), global equities (35%).  These weightings approximate those used by the average pension fund. Although we haven’t included ongoing management and monitoring fees for the calculation of the average pension fund return we estimate that these fees approximate 2% - 3% pa for comparable financial planning firms to ourselves 

Please contact us for more information.