DAC Wealth Builder: $10,000 Growth from Inception

Transcription

1

2 DAC Wealth Builder: $10,000 Growth from Inception $13,500 $13,416 $13,000 $12,500 $12,000 $11,500 $11,000 $10,500 $10,000 12/ / / / / / / / / / / / / / / month 3 month 6 month 1 year Annualised 2 year Annualised 3 year Annualised from DAC portfolio's inception DAC Wealth Builder 0.27% 1.85% 4.10% 14.22% 9.32% 7.67% 8.34%

3 DAC Wealth Builder : Portfolio Statistics 1 year 2 year 3 year from portfolio inception Annualised Return Annualised Standard Deviation Annualised Sharpe Ratio Annualised Sortino Ratio Max Drawdown

4 DAC Wealth Builder: Historical Monthly Returns 12/ / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / % 2.00% 1.00% 0.00% -1.00% -2.00% -3.00% Benchmark DAC Wealth Builder All Groups CPI + 8% DAC Wealth Builder All Groups CPI + 8% DAC Wealth Builder All Groups CPI + 8% DAC Wealth Builder All Groups CPI + 8% DAC Wealth Builder All Groups CPI + 8% Portfolio Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1.01% 0.80% 3.20% 2.38% 0.70% -1.53% 1.16% -3.00% 3.52% -3.19% -0.46% 2.62% 0.98% 0.02% 0.72% 0.65% 0.72% 0.69% 0.72% 0.69% 0.86% 0.86% 0.83% 0.80% 0.78% 0.80% -0.73% -0.28% 0.91% 0.65% 2.25% -0.71% 2.43% 0.97% 0.27% -0.61% 0.19% 1.09% 0.77% 0.72% 0.77% 0.58% 0.60% 0.58% 0.77% 0.77% 0.75% 0.89% 0.86% 0.89% -0.79% -0.42% 1.32% 0.66% 0.95% 1.10% -0.14% 1.15% 2.26% 2.63% 2.61% 0.73% 0.83% 0.75% 0.83% 0.77% 0.80% 0.77% 0.71% 0.71% 0.69% 0.85% 0.83% 0.85% 0.00% 0.48% -0.17% 1.89% 1.07% 0.49% 0.27% 0.86% 0.77% 0.86% 0.77% 0.80% 0.77% 0.77%

5 DAC Wealth Builder: Risk vs Return Relative to 'Peer' Group since Inception of DAC Portfolio 10.00% 9.00% 8.00% Average: 7.51% 7.00% Annualised Return 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% Average: 6.39% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00% 5.50% 6.00% 6.50% 7.00% 7.50% 8.00% Annualised Standard Deviation Peers Portfolio

6 DAC Wealth Builder: Risk vs Return of Portfolio and Asset Class Benchmarks since Inception of DAC Portfolio 14.00% MSCI World Ex AUS Small Cap NR USD S&P/ASX Small Ordinaries TR AUD 12.00% MSCI World Ex Australia NR AUD S&P/ASX 200 A-REIT TR 10.00% Annualised Return 8.00% 6.00% 4.00% Average: 7.13% DAC Wealth Builder S&P/ASX 200 TR AUD MSCI EM NR USD FTSE EPRA/NAREIT Global NR USD S&P Global Infrastructure NR AUD Credit Suisse Hedge Fund USD FTSE WGBI USD LBMA Gold Price PM USD 2.00% RBA Special TD Index 0.00% -2.00% -4.00% Average: 9.04% S&P GSCI TR USD 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00% 11.00% 12.00% 13.00% 14.00% 15.00% 16.00% 17.00% 18.00% 19.00% Annualised Standard Deviation Asset class benchmark Portfolio

7 DAC Wealth Builder: 12 Month Rolling Return m Rolling Return (%) / / / / / / / / / / / / / / / / / /2018

8 DAC Wealth Builder: 12 Month Rolling Standard Deviation m Rolling Standard Deviation (%) / / / / / / / / / / / / / / / / / /2018

9 DAC Wealth Builder: 12 Month Rolling Sharpe Ratio m Rolling Sharpe Ratio / / / / / / / / / / / / / / / / / /2018

10 DAC Wealth Builder: 12 Month Rolling Sortino Ratio m Rolling Sortino Ratio / / / / / / / / / / / / / / / / / /2018

11 DAC Wealth Builder: Historical Asset Allocation (15 Day Rolling Basis) % 90.00% 80.00% 70.00% 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% 01/ / / / / / / / / / / / / / /2018 Cash Australian Shares (Large Australian Property Pending Settlement Managed Funds Fixed Interest Shares (Small Property High Yield Shares (Large Infrastructure & Utilities Australian Shares (Small Emerging Markets Alternative Investments

12 Dynamic Asset Consulting Wealth Builder Portfolio: Asset Allocation Effect Relative to SAA Asset Class 3 month 6 month 1 year 2 year from Inception Cash Fixed Interest -0.4% -0.6% -0.6% -0.2% High Yield - Australian Shares (Small -0.4% 2.2% 0.5% Australian Shares (Large -0.3% % -0.2% Shares (Small 0.2% 0.2% Shares (Large 0.4% 0.3% Emerging Markets 0.8% 1.0% -0.6% Australian Property % - Property - 0.3% Infrastructure & Utilities 1.0% 0.4% Alternative Investments % -0.4% Grand Total 0.6% 3.1% -0.4%

13 Dynamic Asset Consulting Wealth Builder Portfolio: Manager Selection Effect Relative to Index Asset Class 3 month 6 month 1 year 2 year from Inception Fixed Interest 0.6% 0.3% 1.3% 1.0% 0.3% High Yield Australian Shares (Small 0.7% 0.7% 2.6% 2.2% 2.4% Australian Shares (Large -0.5% 1.9% 0.7% 0.9% Shares (Small 0.4% 0.2% - - Shares (Large -1.1% -0.9% -1.2% Emerging Markets -0.2% Australian Property Property Infrastructure & Utilities Alternative Investments -0.9% -0.9% -2.5% -1.7% -1.5% Grand Total -0.8% -0.7% 2.0% 2.2% 2.0%

14 Definition List Standard Deviation Standard deviation is a common measure of the risks involved in an investment. It measures how much the returns vary from the mean, or average return, of that investment. The smaller an investment's standard deviation, the less volatile (and hence risky) it is. The larger the standard deviation, the more dispersed those returns are and thus the riskier the investment is. Standard deviation is also known as volatility. Sharpe Ratio The Sharpe Ratio was introduced in 1966 and has become one of the most commonly quoted measures of risk-adjusted return. It measures portfolio returns per unit of risk, typically after taking into account a risk free rate, such as cash. Example calculation: Investment Return Risk Free Rate Standard Deviation of Returns = Sharpe Ratio A Sharpe ratio of 1.00 represents good compensation for risk, while 2.00 earns a very good rating, and 3.00 or better is outstanding. Sortino Ratio The Sortino ratio expresses returns per unit of downside risk. That is, it uses downside volatility to separate the good volatility from the bad. Sortino ratios are also useful as cross-checks on Sharpe ratio readings. The degree to which a fund's Sortino ratio exceeds its Sharpe ratio indicates the manager's ability to control risk. Conversely, if the Sortino ratio is lower than the Sharpe ratio, the portfolio may be riskier than the Sharpe ratio lets on. Max Drawdown A maximum drawdown is the largest loss from a peak to a trough of a portfolio over a specified time period, before a new peak is attained. I..

15 Disclaimer Important Information This material has been prepared by Dynamic Asset Consulting Pty Limited (ABN , AFSL ) of Level 12, 84 Pitt Street Sydney NSW Any content provided in this Report is for general information purposes only. It is not personal advice and does not take into account the investment objectives, financial situation or needs of any person. Please seek specific advice before making a decision in relation to any investment. The information is provided in good faith and we do not make any representation or warranty as to its accuracy, reliability or completeness. Any information contained in this Report is subject to change without prior notice by Dynamic Asset Consulting and Dynamic Asset Consulting is not obliged to update any information. References made to any third party or their data is based on information that Dynamic Asset Consulting believes to be true and accurate as at the date of this Report but without independent verification. All information provided in this Report is correct as at the date of this Report. To the extent permissible by law, we do not accept any responsibility for any error, omission, indirect or consequential loss or damages (whether arising in contract, tort, negligence or otherwise, in any case whether foreseeable or not). Any person receiving this document should rely and act on that basis and entirely at his / her own risk. Before making any decision about the product you should obtain a Product Disclosure Statement (PDS) or Investment Mandate (IM) document for further information. A copy of a PDS or IM is available from your adviser or by contacting us through our website at Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market. Returns are not guaranteed and actual returns may vary from any target returns described in this communication. Unless stated otherwise Dynamic Asset Consulting returns are net of all asset manager, program adviser or administration fees. The measure of inflation is the Consumer Price Index, calculated by the Australian Bureau of Statistics. Where the official number was not available at the time of publication a proxy CPI value has been calculated. Further distribution is prohibited without prior permission.