It is now nearly eight years since Maximus entered into an association with the internationally renowned research and asset management organisation, Morningstar (SA) Inc.
At the time we felt there was a distinct need for our clients to have access to the knowledge and skills which a company such as Morningstar would bring to creating and managing our investment portfolios.
After a due diligence process involving a number of other Discretionary Fund Managers we settled on Morningstar as being the most suitably resourced organisation to meet our requirements.
Now, looking back, we are please we made the decision to go with Morningstar. Not only has the relationship been an excellent one in terms of general communication which has allowed us to have considerable input into the design and content of our portfolios but also information and insights of a more general nature provided by Morningstar has been invaluable to us and has enhanced the quality of advice we give to our clients.
More specifically we have been more than satisfied by the results achieved so far for our clients. To illustrate this, we have tracked the performance of our three most used risk profiled portfolios: Moderate Strategy, Aggressive Strategy and Equity Growth Strategy.
Not only has the performance of each been excellent over the review period of the last five years to end of June but also the much lower underlying fund costs of each portfolio when compared to its peers in the market is in keeping with our philosophy of top performance combined with lower costs.
Returns:
| Portfolio | 5 Year return | Sector Average* |
| Maximus Moderate | 9.4% pa | 7.2% pa |
| Maximus Aggressive | 10.2% pa | 7.4% pa |
| Maximus Equity Growth | 11.0% pa | 8.4% pa |
*Sector averages:
Moderate = Multi Asset Medium Equity. Aggressive = SA Multi Asset High Equity. Equity Growth = ASISA World Wide Multi Asset Flexible.
Savings on Fund costs:
| Portfolio | Annual | Sector Average | Saving |
| Maximus Moderate | 1.01% | 1.74% | 42% |
| Maximus Aggressive | 1.17% | 1.74% | 33% |
| Maximus Equity Growth | 1.23% | 1.76% | 30% |
Please download the below file for performance comparisons between the Maximus portfolios and competitive funds managed by leading asset managers in each sector.