Posted in How to Invest.

God's Portfolio

Stephen Bennie is one of the co-founders of Castle Point Funds. Stephen is one of our favourite speakers on share investing as he has the knack of explaining complicated concepts in simple terms. He seems to always be able to find an interesting and usually funny anecdote to get his point across.

In the video below he talks about how even the very best share portfolio suffers downturns or drawdowns and that if you have a long term time horizon investing in shares and be willing to ride out the downs you can take advantage of the ups. .We will get through drawdowns. Don’t look at short term performance when assessing managers, it is long-term performance which counts.

Note the statistic that over 90 years "Gods Portfolio" turned $1 into $12 billion. That's "only" 29% per annum. That's the power of compounding returns. In other words if you could invest $1 today at a return of 29% compounding you'd have $12 billion in 90 years time, of course you'd probably be dead! But maybe your Grandchildren would be wealthy.

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Posted in Managed Funds & Unit Trusts.

Castle Point Funds Management

Castle Point Funds Overview

Castle Point Funds Management Limited was acquired by Perpetual Guardian Group.

Tim Chesterfield the CIO of Perpetual said "We bought Castle Point for many reasons, but primarily because we believe our combined approach to investment management will significantly benefit existing Castle Point investors. Castle Point has a great team and a fantastic investor base. The Castle Point and existing PG Investment teams have complementary skills which we believe will provide additional depth and capability to our clients. This expanded capability leapfrogs us forward in our approach to bring great investment management to more New Zealanders in a robust and disciplined way. It is a great opportunity to bring a combined approach out into the open and to provide access to our investment strategies to all investors, whether they be individuals, advisors, or trusts."

You can visit their website here >> https://www.castlepointfunds.com

2021 - Winner of the Morningstar Fund Manager of the Year - Domestic Equities

2021 - Finalist of the Research IP - Australasian Equities Fund of the Year - Ranger Fund

2019 - Winner of the Zenith FundSource Awards - Boutique Manager of the Year and Australasian Equities.

2018 - Winner of the FundSource Awards - Alternatives Sector.

2018 - Finalist of the FundSource awards for Boutique Manager of the Year.

2013 - Finalist of the INFINZ Equity Manager of the Year.

Castle Point Ranger and 5 Oceans funds are rated by Morningstar.

All funds are AA rated by Fundsource.

Previously the team has also been a finalist for Equity Manager of the Year at the INFINZ awards in 2013.