Retirement Portfolio Resilience Perspective
This Quarterly Investor Letter provides an update on the Fund's performance, portfolio positioning and strategic developments within the context of Gyrostat's Retirement Portfolio Resilience philosophy.
It summarises investment outcomes, income objectives, market conditions, portfolio construction and business developments while reinforcing Gyrostat's disciplined approach to embedded downside protection and resilient portfolio management. The letter highlights Gyrostat's ongoing objective of helping investors remain financially and emotionally invested throughout their retirement journey, regardless of the path markets take.
This Quarterly Investor Letter serves as a companion communication for investors and complements the Retirement Portfolio Resilience Framework, Corporate Presentations and educational articles available throughout the News & Insights library.
September 2024 investor newsletter
Dear Investor
Gyrostat has continued to deliver strong returns and income with lower risk.
We aim to pay income quarterly: for Class A at a rate of 3% above the BBSW3M (bank bill 90 day) rate (7.45% pa for quarter ending September 2024), and for Class B 6% above the BBSW3M rate (10.45% pa for the quarter ending September 2024).
For the September quarter, returns exceeded our benchmarks resulting in capital growth and income, whilst always hedging equity market risk.
We anticipate more volatile market conditions and believe we are well positioned to achieve our objectives
