Portfolio Changes to CFS FirstChoice Dynamic Managed Accounts
All portfolios sold their holding in the Macquarie Income Opportunities fund and allocated that holding to Perpetual Diversified Income fund. The Macquarie Income Opportunities fund performance has disappointed compared to its peer group and we are of the view that the Perpetual Diversified Income fund will produce a better and more consistent return.
Trade table (Conservative / Moderate / Diversified / Balanced / Assertive / Aggressive):
- Macquarie Income Opps.: -5.25% / -8.0% / -5.49% / -4.0% / 0% / 0%
- Perpetual Diversified Inc.: 5.25% / 8.0% / 5.49% / 4.0% / 0% / 0%
Portfolio Changes to CFS FirstChoice Fund of Funds
The above trade was also conducted for the Sestante fund of funds portfolios also available on the platform.
Trade table (Conservative / Diversified / Growth):
- Macquarie Income Opps.: -5.25% / -5.0% / 0%
- Perpetual Diversified Inc.: 5.25% / 5.0% / 0%
For more information, please contact Andrew Davies or Joel Sasim.