Moneyworks NZ Limited Investment Philosophy
Investment Objectives and Risk Management
Investment Cash Flow Objectives
At Moneyworks, we aim to build portfolios that will maximise the chance that clients will meet their long term cash flow objectives. In other words, we aim to minimise the risks that our clients need to take.
Investment Capital Preservation
In terms of risk management, the key aspect is to ensure capital is preserved in the medium term.
Investment Risk Management
Investment Risk Profiling: The first step to risk management is to determine the level of risk that is appropriate for any particular investor. We do this by using risk profiling tools and having a discussion with each investor about those results.
Investment Diversification: After that level of risk is adopted, it is important to make sure that the portfolio is appropriately diversified at all time.
Investment Monitoring: By monitoring market valuations, we expect to be able to avoid some, but not all major market downturns by reducing portfolio exposure to risk assets when they appear overpriced.
Investment Asset Allocation
At Moneyworks we believe that broad swings in markets can be anticipated and use Dynamic Asset Allocation to add value and reduce the risk of portfolios. In order to successfully implement active asset allocation, we access a range of information including research such as Farrellys, Morningstar and Lonsec, in addition to our experience.
Investment Asset Classes and Currency Management
Investment Active Investment Management
At Moneyworks we believe that markets are not efficient and it is possible to beat index returns after fees. We believe that superior active managers that will beat the index can be identified. This is as a result of the strategy, conviction, active management, skills of individuals and philosophy of the investment manager.