2. Cash (Combined) Property - Equity on downsize of Main Residence
NatWest £629,253 Equity in today’s terms* £2,889,477
SJP Cecilia £3,917 Sub Total £2,889,477
Less Emergency Reserve (£35,000)
Cash Total £598,170 Pension – Abbey Life Personal Pension
International £24,992
Managed Fund £26,877
Investment – Imagine LLP Sub Total £51,869
Imagine LLP £93,542
Sub Total £93,542 Pension – Clerical Medical Stakeholder Pension
Balanced Managed £3,790
Investment - Schroder ISA Sub Total £3,790
UK Equity £3,264
Sub Total £3,264 Pension – SJP Personal Pension
Core Satellite Investment Strategy (see below) £499,813
Investment – SJP ISA Sub Total £499,813
Core Satellite Investment Strategy (see below) £100,044
Sub Total £100,044 TOTAL FI ASSET VALUE £4,320,552
Investment – SJP ISA
Core Satellite Investment Strategy (see below) £80,583
Sub Total £80,583
*Property Equity - Assumed outstanding mortgage of £750,000. Annual increase in property value of 3%pa. Purchase price of downsize property 50% of available equity.
Transaction to take place in 2025.
Asset Strategy Review – Financial Independence (FI) Assets
Summary of Financial Independence Assets
3. Fund breakdown of your chosen Investment Strategy for your SJP Assets
The below core satellite investment strategy was implemented in November 2012.
Core Portfolio 80% Balanced Income Portfolio
Satellite Portfolio 10% Multi Asset
5% Far East
5% Global Emerging Markets
Given how recently you have implemented the above investment strategy and therefore the degree of re-balancing required, we would regard these variances as being
within an acceptable ‘buffer’ and therefore no further action is required at this time.
Fund Total £ Total % Portfolio
Allocation
Rebalancing
Required
Multi Asset £117,028 17% 18% +1%
Property £75,556 11% 12% +1%
Alllshare/Diversified Income £57,048 8% 8% 0%
Equity Income £57,882 9% 8% -1%
Global Equity £60,226 9% 8% -1%
International Corporate Bond £52,951 8% 8% 0%
Investment Grade Corporate Bond £50,642 7% 8% +1%
UK & International Income £57,439 8% 8% 0%
UK High Income/UK Equity £57,977 9% 8% -1%
Far East £33,643 5% 5% 0%
Global Emerging Markets £33,141 5% 5% 0%
Corporate Bond £26,907 4% 4% 0%
TOTAL £680,440
4. Sector Split
Cash - 8.73% Fixed
Interest, 0
Alternative
s, 0
Property -
3.01%
UK Equity -
28.81%
International
Equity -
56.96%
Other - 2.49%
Cash
8%
Fixed Interest
24%
Property
8%
UK Equity
28%
International
Equity
27%
Other
5%
TOTAL ASSETS SJP ASSETS
Cash Fixed Interest Property UK Equity International
Equity
Other
Total Assets 23% 4% 60% 7% 5% 1%
Strategic / SJP Assets 8% 24% 8% 28% 27% 5%
5. Performance (SJP funds only)*
Investment
Value as at 31 Dec 2011 Value as at 31 Dec 2012 Difference Withdrawals Increase attributable to
new money
Increase attributable
to Investment return
£133,172 £170,141 £36,969 £0 £22,560 / 17% £14,409 / 11%
Pension
Value as at 31 Dec 2011 Value as at 31 Dec 2012 Difference Withdrawals Increase attributable to
new money
Increase attributable
to Investment return
£399,925 £474,182 £74,257 £0 £47,921 / 12% £26,336 / 7%
Combined
Value as at 31 Dec 2011 Value as at 31 Dec 2012 Difference Withdrawals Increase attributable to
new money
Increase attributable
to Investment return
£533,097 £644,323 £111,226 £0 £70,481 / 13% £40,745 / 8%
Investments included in this report are as follows.
Plan Owner
ISA - 149403 ###
ISA – 150839 ###
Retirement Plans – Various ###
