Blue Chip Top 20

Blue Chip Top 20
Separately Managed Account
Monthly update as at 31 March 2014
APIR Code: NUN0051AU
Investment objective
To deliver similar returns to the S&P/ASX 20 Accumulation
Index before fees or expenses.
Investment strategy
The Model Portfolio passively invests in shares included, or
expected to be included, in the Index. The Model Portfolio aims
to maintain the share’s Index weighting as accurately as
possible at all times.
Risk profile
The model is appropriate for an investor seeking medium to
long term capital growth. Investors should be prepared to
accept some fluctuations in short term returns.
Inception date: 10 August 2009
Ratings: N/A
Model management fee (% pa) 1:
0.21% pa
Indicative no. of shares held: 20
Indicative portfolio turnover:
Approximately 0-5%
Minimum suggested
timeframe
Asset allocation:
Australian Shares:
90-100%
Cash:
0-10%
Automatic payment of
investment income 2: Yes
Investment manager: Antares
1 Including GST and net of RITC and rounded
to 2 decimal places.
2For further information about the
automatic payment of investment income
to your Platform refer to the Separately
Managed Accounts PDS.
3Performance returns shown are calculated
before fees, charges, and brokerage costs and
do not take your personal taxation position
into account. Please note that actual returns
may differ from the returns shown in this
document depending on your amount
invested, your start date, brokerage costs,
fees and general consistency with security
weightings with the model portfolio.
Past performance should not be taken as an
indication for future performance.
5-7 years
Model portfolio performance 3
Fund
1 mth
3 mths
6 mths
1 yr
2 yr
3 yr
Blue Chip Top 20
0.7%
2.0%
6.1%
15.5%
20.1%
10.6%
ASX 20 Accum Index
0.8%
2.1%
6.2%
15.8%
20.4%
10.6%
Model portfolio
performance summary
Portfolio update
March was a month of two halves. The
first half of the month the index was
heading down and the second half it
headed back up to finish marginally
positive. Financials dominated the
outperformance with all banks and
other financials outperforming which
was quite unusual. Suncorp Group was
the best, outperforming by 5.7% then
came the Commonwealth Bank (3.4%)
closely followed by Westpac Banking
Corporation (3.0%). Interestingly
Westpac continues to be a standout
performer.
Resources dominated the
underperformance. BHP Billiton
was under by 5.3%, Rio Tinto
underperformed by 5.2% and Wesfarmers
under performed by 4.4%.
Blue Chip Top 20 SMA | 1
Blue Chip Top 20
Separately Managed Account
Monthly update as at 31 March 2014
Model portfolio holdings
Portfolio Changes
Share
Buys/Additions
CBA
COMMONWEALTH BANK OF AUSTRALIA
BHP
BHP BILLITON LIMITED
WBC
WESTPAC BANKING CORPORATION
ANZ
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
NAB
NATIONAL AUSTRALIA BANK LIMITED
TLS
TELSTRA CORPORATION LIMITED
More information
WES
WESFARMERS LIMITED
WOW
WOOLWORTHS LIMITED
Investor services: 1300 428 482
[email protected]
CSL
CSL LIMITED
IAG
INSURANCE AUSTRALIA
GROUP
Sells/Reductions
NCM
NEWCREST MINING
mlc.com.au
CASH
RIO
RIO TINTO LIMITED
WPL
WOODSIDE PETROLEUM LIMITED
WDC
WESTFIELD GROUP
MQG
MACQUARIE GROUP LIMITED
SUN
SUNCORP GROUP LIMITED
QBE
QBE INSURANCE GROUP LIMITED
ORG
ORIGIN ENERGY LIMITED
AMP
AMP LIMITED
BXB
BRAMBLES LIMITED
IAG
INSURANCE AUSTRALIA GROUP LIMITED
STO
SANTOS LIMITED
Important information
Navigator Australia Limited ABN 45 006 302 987, AFSL 236466 (Navigator). NULIS Nominees (Australia) Limited ABN 80 008 515 633,
AFSL 236465 (NULIS).
The above model is available through the Integrated Separately Managed Account ARSN 138 086 889 (SMA) issued by Navigator.
The purpose of this document is to provide factual information in relation to the above model. The information above is of a general nature only and
does not take into account your particular objectives, financial situation or needs. Before making an investment decision, you should consider the
PDS for the SMA and whether it is appropriate for you. The above information is current as at the date of publication. While every attempt has been
made to ensure the accuracy and reliability of the information, it is not guaranteed in any way.
Issue date: March 2014
part of
MLC companies are subsidiaries of National Australia Bank Limited ABN 12 004 044 937. An investment with
MLC is not a deposit or liability of, and is not guaranteed by, National Australia Bank Limited.
77900M0414
Blue Chip Top 20 SMA | 2