At Forrest Private Wealth, our investment philosophy underpins our financial planning advice, which ensures our client’s wealth benefits from long-term exposure to equity markets. We believe holding a well-diversified portfolio of predominantly dividend-paying businesses over a long-term period is essential in financial planning for wealth accumulation and, ultimately, retirement planning.
By following our retirement planning process, a Forrest Private Wealth financial planner stays true to their investment advice, ignoring the noise and pressures of the market to provide their clients with a stress-free retirement. At Forrest Private Wealth, our financial planners capitalise on an investment philosophy that provides predictable income streams from equity markets, setting clients up for their desired retirement.
Long Term Portfolio
A positive month for the Long portfolio in July. Despite some adverse intra month swings, the portfolio has navigated the market conditions well, benefiting from a broad-based rally across all sectors. Investments in high growth areas like technology and healthcare delivered strong returns, while more defensive positions in utilities and consumer staples provided stability and balance.
Looking ahead, we remain cautiously optimistic with most managers in the underlying holdings stressing a focus on quality and solid fundamentals. We continue to monitor market trends closely to ensure the Long portfolio remains well-positioned for both current and future opportunities.
Short Term Portfolio
July saw a period of stabilisation in both Australian and international fixed income markets, marked by cautious optimism. As we progress into the second half of the year, the outlook for fixed income will be heavily influenced by central bank policies, inflation trends, and key economic indicators. While the recent reduction in volatility is a positive sign, we remain alert to potential market shifts driven by unforeseen economic developments or policy changes.
Micro Cap Portfolio
July saw the portfolio’s international positions have significantly stronger returns than the domestic positions. Global small caps rallied in July ahead of reporting season where results have been under expectations in the large cap sector. Domestically we saw a positive market in July however still plagued with volatility on macro-economic indicators.
Equity market volatility creates opportunity, and we expect our managers to make the most of it in the current market. We remain cautiously optimistic given the opportunity set and predicted market conditions in FY25.
Forrest Private Wealth’s discipline in providing financial planning, retirement planning, and wealth management services to its clients allows our clients to benefit from years of experience providing financial advice through major impacts to equity markets where staying the course has helped them.
Forrest Private Wealth has a dedicated team of financial planners and support staff providing clients with peace of mind in working towards and achieving their life goals.