Global 100 (NZD Hedged)

Hedged to the NZ dollar, meaning currency fluctuations are minimised, this fund provides exposure to blue-chip companies, being those which are large, stable and profitable.

This includes household names such as Apple, Nike, Amazon, Nestle and Microsoft. With global diversification across all sectors, this fund provides reliable long-term capital growth.

All blue-chip companies in this fund have global exposure, meaning they generate a significant amount of their revenues and hold a large amount of their assets abroad. The global presence, combined with their large nature and competitive positioning, means these companies will be more resilient to the business cycle and domestic shocks.

This fund tracks the S&P Global 100 Ex-Controversial Weapons Index with key criteria for selection being market capitalisation.

The index includes transnational companies that have a minimum float-adjusted market cap of USD 5 billion. The hedging of currency means an investor receives the changes of value of underlying companies while minimising the changing strength of the New Zealand dollar, or gaining or losing when converting back to New Zealand.