Overview

How is this fund different to others?

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.

Holdings

As at March 31, 2024

Company	Country	Industry	Weight
Microsoft	US	Information Technology	12.57%
Apple Inc	US	Information Technology	10.01%
NO Nvidia Ord	US	Information Technology	8.97%
Amazon.com Inc	US	Consumer Discretionary	6.63%
Alphabet Inc Class A	US	Communication Services	3.58%
Alphabet Inc Class C	US	Communication Services	3.02%
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Performance

• Range of returns

  -17.43%

  VS

  67.54%

  The lowest and highest 12 month returns, in 5 years as at 31 March 2024*

• Growth of $10k

  $20,592.23

  For the 5 years as at 31 March 2024, an investment of $10,000 would be up 105.92%*

• Investment Objective

  Growth & Diversification

  The fund is designed to provide long-term capital growth and diversification.

*These are the gross index returns, not including fees or taxes.

Returns

As at March 31, 2024

Risk

The risk indicator reflects how much the value of the Fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way. The lowest risk rating doesn’t mean “risk-free” and this risk indicator is not a guarantee of a Fund’s future performance.