Sentry Page Protection
Retirement Fund Current Model Portfolios
Below is the current asset allocation models for retirement fund accounts. There are 2 distinct model portfolios defined as follows:
1. Ongoing Systematic Contributions (weekly/monthly/quarterly ongoing investment contributions)
Two tables are provided:
2. Overall Portfolio holdings
Two tables are provided:
1. Ongoing Systematic Contributions (weekly/monthly/quarterly ongoing investment contributions)
- Ongoing contribution models are typically not changed unless a severe bear market associated with a recession is indicated or a selected fund has substantially underperformed its peer group (at which point it is replaced with another equivalent fund).
Two tables are provided:
- One table for "Generic" ongoing contributions for those investing in portfolios outside the Emirates Group Provident Scheme (EGPS).
- One table for those using the EGPS.
2. Overall Portfolio holdings
- Overall portfolio holdings are altered according to indications from our 5-Factor model.
Two tables are provided:
- One table for "Generic" ongoing contributions for those investing in portfolios outside the Emirates Group Provident Scheme (EGPS).
- One table for those using the EGPS.
1. Ongoing Systematic Contributions
Ongoing model contributions to retirement accounts (weekly/monthly/quarterly) are typically not adjusted as market conditions change. This allows investors to take advantage of "dollar cost averaging" by way of purchasing increased units-per-price in a given fund over the decline phase of a complete market cycle.
The below EGPS allocation model is changed if a given fund has underperformed over a 2-3 year period relative to its peer group. If so, an alternative fund is provided (if available within EGPS) to ensure "best-of-breed" funds are maintained within the portfolio models.
The below EGPS allocation model is changed if a given fund has underperformed over a 2-3 year period relative to its peer group. If so, an alternative fund is provided (if available within EGPS) to ensure "best-of-breed" funds are maintained within the portfolio models.
Emirates Group Provident Scheme (EGPS)
Ongoing Systematic Contributions
Ongoing Systematic Contributions
2. Overall Portfolio Holdings (Red Level I)
The overall portfolio model is adjusted for changing market conditions. As our 5-factor model reverts negative our model begins a phased reduction in equites as follows:
- Red Level I model: a 50% reduction in equity holdings (in accordance with each specific risk group allocation) is completed with the assets moved to cash. This reduces respective risk group equity holdings to 50% of fully invested. Russell fund model holdings are not adjusted as Russell has their own internal risk management process (see description below from their prospectus).
- Red Level II model: a further reduction in equity holdings (in accordance with each specific risk group allocation) is completed with the assets moved to cash. This reduces respective risk group equity holdings to 25% of fully invested. Russell fund model holding are reduced by 50% as the their risk management process does not adequately protect from severe bear market conditions associated with recessionary conditions.
Emirates Group Provident Scheme (EGPS)
Overall Portfolio Holdings
Russell Funds Risk Management Process (from Prospectus)
