A Proven Investment Track Record
The Lifestages Capital Stable Portfolio has, since its inception in July 2007, operated with the same investment process and asset allocation as the Lifestages Superannuation Scheme. This Scheme has had a strong record of maintaining capital irrespective of market ups and downs since it began in 1992 and is most suitable for investors who are seeking competitive returns over the long term but without capital volatility. When one considers that the period since inception covered the September 11 terrorism attacks, the dot-com crash and the “Credit Crunch,” this provides a good indication of how that portfolio fared in extreme markets (although it is not indication of how it would perform in extreme markets in the future).
Performance Chart
If you want to see what the current prices and latest performance of the Lifestages KiwiSaver Scheme is please click on this link for the latest performance data.
Investment Articles
Common Investment Mistakes
Over the years we have met people making nearly every investing mistake. We list some of the most common mistakes below. If any of these sound familiar and you would like to learn about solutions to remedy these mistakes, please contact us.
1. Over Concentration
The biggest mistake we see is inadequate diversification.
Too often, we find portfolios that are highly concentrated in a single sector such as technology, or single asset class such as term deposits. Concentrated portfolios lack adequate diversification, which can mean greater risk and volatility in the portfolio.
2. Pessimism
Time after time, we have found that the markets surprise us on the upside.
Easy to say coming with 2003 providing one of the worst international share market performance since the 1930’s but equity markets tend to reward patient investors over time. As Warren Buffett said “People would rather be promised a (presumably) winning lottery ticket next week than an opportunity to get rich slowly.” Adam Smith, “The Modest Billionaire,” Esquire, October, 1988 cp 103.
3. Short-term Thinking
Investing in shares is not for the impatient.
One of the worst mistakes is to conclude that investments in a share based investment or a portfolio with exposure to equities should be sold because it has not performed over the last 12 months or even less. Investments are long-term investments and should be selected on their potential over five years or longer.
Additional Resources - March of the Markets
April 2011 (PDF 1.6MB)
September 2010 (PDF 465KB)
March 2010 (PDF 869KB)
September 2009 (PDF 1.50MB)
March 2009 (PDF 543KB)
October 2008 (PDF 513 KB)
May 2008 (PDF, 277 KB)
March 2007 (PDF, 560KB)
October 2006 (PDF, 200KB)
March 2006 (PDF, 80KB)
October 2005 (PDF, 50KB)
April 2005 (PDF, 1.40MB)
September 2004 (PDF, 50KB)