AUGUST 2021

Portfolio Reoptimisation & Rebalance

This piece is compiled by Liam Dawson, Investment Analyst at PortfolioMetrix

Global Portfolio Series Update

The Global Portfolio Series (GPS) has benefitted from a stable and defensive asset allocation over the years, as should be expected from a core global portfolio. 2020 however provided many points to consider as we look to the future; one which presents a myriad of potential outcomes from an intriguing starting point.

The rebalance is underway (10 to 17 August 2021). Please note that while the rebalance is being processed:

• Withdrawals will not be processed; and

• Change mandates can be instructed in WealthExplorer™ but, depending on the timing of the instruction, may only be processed by the platform on completion of the rebalance

• The freeze period is usually 3 to 5 business days starting on the trade date but ultimately depends on the platform.

Our commentary summarises the latest portfolio changes.