I want to bring your attention to two incorrect charts that we have shown on our website.
We show 1. performance data and 2. a chart of performance over time for our portfolios.
Inadvertently, for two of the portfolios (Accumulation and Income) we have been showing the Growth fund for the chart instead of the correct charts. The data in the tables was correct.
We have now fixed the chart and apologise for any confusion. At Nucleus we value transparency and accuracy, so this is embarrassing.
These charts were not included in our monthly report, and so our process to check performance data before publishing unfortunately was missed in this instance. We have changed our process to ensure this error does not re-occur.
Damien has a wealth of experience across international equities (Schroders), asset allocation (Wilson HTM) and he helped create one of Australia’s largest independent research firm, Aegis Equities. He lectured for over a decade at the Securities Institute, Finsia and Kaplan and spent many of those years as the external Chair for the subject of Industrial Equity Analysis. Damien runs the investment side of Nucleus Wealth, selecting stocks suggested by analysts and implementing the asset allocation. Damien started Nucleus Wealth after 20+ years in financial markets. He wanted to come up with an investment solution for ordinary investors that delivers the same types of personalised investment portfolios high net worth investors use.
