Investment Advice

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At Carrick, we’re dedicated to helping you get the most from your wealth. We work with you on an ongoing basis to develop a deep understanding of your current financial circumstances, immediate priorities and goals.

By carrying out a sophisticated risk-profiling assessment right from the start, we measure your tolerance to risk. Then, through transparent and straightforward advice, we create your unique investment plan for your wealth, balanced to suit your attitude to risk.

As an independent brokerage, we’re not bound by the products of any one institution, which means we have the flexibility of sourcing the best solutions from the open marketplace.

Whether you need structured products, discretionary fund management or a bespoke portfolio, Carrick’s Investment Committee will help you generate superior investment results by selecting the best and most appropriate investment companies.

Our collective knowledge, gained from years of experience in the financial services sector around the world, is there for the taking.

Investment Committee

The Carrick Investment Committee was created to conduct a full due diligence on investment houses and to ensure that transparency, track record, consistency and reputation meet Carrick’s high standards.

The Investment Committee meets once a month to ensure that all the underlying managers are still operating within their mandates and that their risk-adjusted returns are in line with Carrick's expectations.

Our investment committee members:

Anthony Palmer – Chairperson

Craig Featherby

Adrian Jossel

Mike Potts

Your Ownership Vehicle

As in other aspects of life, there is seldom one perfect solution. Deciding on the best way to hold your assets can be stressful, emotional and confusing. Will the recommended solution stand the test of time?

There is no leap of faith necessary when partnering with Carrick. Your peace of mind is our end goal. We will discuss and agree your priorities and your longer-term goals. These may be planning for your retirement, preserving your wealth for future generations or consolidating your assets into one overarching solution. To make an informed decision we will discuss asset protection, access, growth expectations and tax efficiencies.

Carrick will present you with a number of options and the pros and cons of each will be discussed with you. After discussion and consideration, we will jointly decide on what works best for you.  With Carrick, your investment decision will have a solid foundation - a structure with integrity that is both stable and flexible to adapt to changing circumstances.

Whether those investment decisions include holding assets in your own name; in a wrapper; in an international discretionary trust; in an international pension trust or in a company, you can rest assured that the vast majority of objectives set out will be met.

Risk Assessment

The relationship between your objectives, your risk tolerance and capacity for loss interconnect to provide your overall risk profile. The company that Carrick has chosen to partner with regarding assessing risk tolerance is FinaMetrica. They are an independently owned and highly respected Australian risk analysis company. The company started in 1998, operates in 23 countries and has over 5 500 advisers worldwide using their system.

Once their psychometric test has been completed, a risk tolerance report is generated. This is an indication of the amount of risk you prefer to take. As with other aspects of personality, your tolerance for risk is determined by genetics and life experiences. Typically, it decreases slowly with age and, as with other aspects of personality, may be changed by major life events, good or bad. Accordingly, your risk tolerance should be retested every two or three years and also after any major life event. It is important to note that this is only one part of your overall risk profile. Risk required and risk capacity

Accordingly, your risk tolerance should be retested every two or three years and also after any major life event. It is important to note that this is only one part of your overall risk profile. Risk required and risk capacity are also key inputs. Risk Required is the risk that you need to take to reach your respective goals. This will include considerations such as current resources, financial objectives, and time horizons.

Risk Capacity is the risk that you can afford to take – that is your ability to weather negative events. A really thorough understanding of the above components is a critical starting point to understanding your risk profile. Only after much discussion will we be in a position to jointly agree on an appropriate overall risk profile for you.

Typically, it decreases slowly with age and, as with other aspects of personality, may be changed by major life events, good or bad. Accordingly, your risk tolerance should be retested every two or three years and also after any major life event. It is important to note that this is only one part of your overall risk profile. Risk required and risk capacity are also key inputs. Risk Required is the risk that you need to take to reach your respective goals. This will include considerations such as current resources, financial objectives, and time horizons.

Risk Capacity is the risk that you can afford to take – that is your ability to weather negative events. A really thorough understanding of the above components is a critical starting point to understanding your risk profile. Only after much discussion will we be in a position to jointly agree on an appropriate overall risk profile for you.

What Are Investment Risks?

Obtaining an investment return higher than cash deposits will involve taking risk. These risks can take various forms such as:

  • Interest rate changes and inflation
  • Volatility due to technical and fundamental economic conditions
  • Temporary or permanent capital or income loss
  • Loss of liquidity

When building your investment portfolio, it is important to understand asset classes. Whether you are investing as a one-off or on a regular basis, it helps to know what to expect when you’re investing.

One of the goals of investing is to have a diversified portfolio. By investing in a spread of different asset classes, you lower your overall exposure to risk, as asset classes tend to perform differently from each other under different market conditions. If you own investments that all go up or down in price at the same time, then you are likely to experience larger increases and decreases (volatility) in your portfolio.

Ideally, most investors want the highest return or profit with the least amount of volatility. Owning a variety of asset classes (diversification) is often the preferred method of investing.  Although a well-balanced portfolio may help spread the risk during market fluctuations, it does not ensure that you will receive a profit, nor does it ensure protection against a loss in a down market.

An asset class is a group of securities that exhibits similar characteristics, behaves similarly in the marketplace, and is subject to the same laws and regulations. The three main asset classes are equities (stocks), fixed income (bonds) and cash equivalents (money market instruments).

In addition to the three main asset classes, some investment professionals add property and commodities, and possibly other types of investments to the asset class mix. Whatever the asset class line-up, each one is expected to reflect different risk and return investment characteristics, and will perform differently in any given market environment.

It’s important to know what type of asset classes you are currently invested in, or intend investing in, as this knowledge puts you in control of your portfolio, avoids surprises and ensures that your objectives are met.

Our Core Investment Strategies

The purpose of diversification is that when one investment goes down, or is not doing well, you are insulated from the result because of the others you have in place. Spreading your assets among investment types, styles and markets is a time-tested strategy for investors with long-term financial goals. A well-diversified portfolio helps reduce your exposure to the downside risks of individual holdings. Desire and impulse are never good substitutes for rational thought and a disciplined plan. Just because an investment type or style outperforms one year, there is no guarantee that it will outperform the next. Stay diversified!

For investment portfolios, we suggest a blend of moderate-risk structured notes and actively managed global funds, resulting in a well-diversified balance of asset classes, geographies and currencies.  The structured notes introduce downside protection and stability into a portfolio, especially in light of the volatile markets we are currently experiencing and reasonably expect to continue seeing. The notes are positioned to work in tandem with an actively managed portfolio and the blend of the two should create the support and stability required for a medium- to long-term investment.

The actively managed global funds, or discretionary managed funds for larger investment amounts, can range from defensive through adventurous, and are where we look to generate outperformance.

There are over 6 500 managed funds, better known as collective funds such as Unit Trusts or Open Ended Investment Companies, each with its own objectives and management styles.

A discretionary fund manager, usually used for larger investment portfolios, will manage your portfolio according to your personal wishes and will generally invest in direct equities, fixed interest securities, alternative investments and collective funds.

Through Carrick’s independence, we are able to select asset managers who are the best in the world at what they do, with established track records and consistent performance.

Although not infallible, the Investment Committee believes this blended approach provides the most certainty of ensuring a profit, or protecting against a loss in a down market.

Our objective is to match return expectations and, perhaps, more importantly, risk parameters over an investment cycle. When designing an appropriate portfolio, we try to strike a balance between your objectives and risk profile.

Reviews And Monitoring

Both your Ownership Vehicle and your Investment Portfolio will be regularly monitored and reviewed to ensure that your experience is in line with your expectations - adjustments will be made if necessary.  The review process is critical, as laws are constantly changing and the financial markets constantly evolving.

At Carrick, we pride ourselves on our ability to stay in touch with these developments and adapt where and when necessary. Review and Monitor is engrained in our company DNA.

Grow. Protect. Preserve.