×

Select Your Country

Selected Country

  Malawi

All Countries

Investment Advice

Content devider

At Carrick we are committed to walking the path with you. We partner with you from the outset and then regularly check in with you to ascertain whether your needs, circumstances and goals have changed. In doing so, we help you to get the most from your wealth.

We use a sophisticated, internationally used risk-profiling assessment to measure your tolerance to risk. We take careful notes about what you tell us about your life so that we can tailor-make an investment solution that is unique to your needs.

Because we are a wholly independent, privately owned advisory, we are not limited to or restricted by allegiance to any product or provider. We source the best solutions from the open marketplace to suit your precise needs.

Whether you need structured products, discretionary fund management or a bespoke portfolio, Carrick's Investment Committee is focused towards generating superior investment results because they choose superior and appropriate investment companies suited to your investment needs.

Our combined knowledge, acquired over years of experience in the financial services sector internationally, serves you, our client.

Investment Committee

Content devider

The Investment Committee meets once a month to analyse funds and performance to ensure that all the underlying fund managers are still operating within their mandates and that their risk-adjusted returns are in line with Carrick's expectations. Members on the Committee carry out regular legal and directorship checks.

Our investment committee members:

Anthony Palmer – Chairperson

Craig Featherby

Adrian Jossel

Mike Potts

Your Ownership Vehicle

Content devider

Seldom in life is there a perfect, lasting solution. Deciding on the best way to hold your assets can prove to be stressful, worrying and confusing.

When you partner with Carrick, the worry is removed from your shoulders. Your peace of mind is our end goal.

Every investment decision we make on your behalf is discussed in detail with you beforehand. We discuss the pros and cons of all the options that our Investment Committee, our providers and your Carrick Wealth Specialist have determined are best for you. After discussion and consideration, we will jointly decide what works best for you.

Whatever investment decision is made, know that it will have a solid foundation and that it will be stable and flexible to accommodate changing circumstances.

Whether those investment decisions include holding assets in your own name; creating a wrapper (such as a QNUPS), an international pension trust or a company, be assured that most of the objectives that you set out to achieve will be reached.

Risk Assessment

Content devider

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?

Content devider

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

Content devider

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

Content devider

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.