Wealthpoint DIMS Portfolio changes - important update

12 November 2026

As an investor in the Wealthpoint DIMS Model portfolios, we would like to inform you of upcoming changes to the investments in your portfolio.

These changes have been made following Wealthpoint's Investment Committee's review of all portfolios and recommendations from investment specialists Makao. This review ensures your investment aligns with Wealthpoint’s investment philosophy and continues to provide a high-quality offering for you.

Wealthpoint’s investment philosophy encompasses strong governance, effective asset allocation and best-in class fund manager selection based on detailed research, as the key drivers of performance. The portfolios are actively managed and well diversified in terms of underlying assets. Wealthpoint is selective in evaluating and engaging those managers which Wealthpoint believes will achieve superior returns while effectively managing risk.

As a result of the review, and consistent with this approach, Wealthpoint is implementing changes in the composition of the international equity asset allocation.

The changes will be implemented on 23 November 2026 and no action is required from you.

Changes to the Wealthpoint Capital Plus, Market Plus, Optimum Growth and Aggressive Model Portfolios:

1.     Two additional fund managers are being added to the international equity allocation

o    Te Ahumairangi Global Equity Fund
This is a long only investment fund that has a bias to value and low volatility securities

o    Plato Global Alpha PIE fund
This fund strategy seeks to replicate the global market volatility but provide additional return from taking a large number of positions both long and short

In order to make an allocation to these funds, the allocations to the Amova Global Share Fund (unhedged) and the Russell Investments Sustainable Global Share Fund (unhedged) will be removed. Exposure to the hedged versions of these funds will be retained within the portfolios to provide a targeted 50% foreign exchange cover.

Links to the Product Disclosure Statements for each fund are available here:

2.    Fee changes

Fund manager fees will increase slightly following these changes with the Capital Plus and Market Plus funds having an increase of 0.02% and a 0.03% increase for the Optimum Growth fund as the new fund managers have a slightly higher fee structure than the managers being replaced.

Summary of changes

We view these adjustments as a positive change to the portfolios by providing additional fund manager diversification and continue to have confidence in these actively managed funds from Wealthpoint.

Once the changes have been implemented, you will be able to view the new portfolio allocations in your Consilium portal. 

If you have any questions regarding these changes, please do not hesitate to contact us on 0800 CORE ADVICE or info@coreadvice.co.nz.

Yours sincerely

Ross Frater
Financial Adviser