Latest Fund FactSheet
Updated: 30.06.2024
High Growth
A diversified fund made up of over 98% growth assets.
5-10 Years
Minimum suggested investment time frame
12.73%
5 year p.a index return as at 30 June 2024
2.52%
Indicative dividend yield as at 30 June 2024
0.25%
Management fee p.a.
Overview
The High Growth Fund is made up of over 98% growth assets, such as shares and listed property. Globally diversified, the fund is designed to help Kiwis build long-term wealth while lessening volatility through geographical and sector diversification.
This fund is suitable for an investor with an investment time horizon of at least 5 years.
Where is my money?
Take comfort in knowing which companies and locations your money is invested in.
holdings
Fund holdings as at 30 June 2024
| Company | Country | Industry | Weighting |
|---|---|---|---|
Microsoft | US | Information Technology | 5.08% |
NO Nvidia Ord | US | Information Technology | 4.74% |
Apple Inc | US | Information Technology | 4.74% |
Fisher & Paykel Healthcare Corp Ltd | NZ | Health Care | 3.52% |
 Amazon.com Inc | US | Consumer Discretionary | 2.87% |
IL Infratil Limited | NZ | Industrials | 2.53% |
Country weightings
This graph shows the fund allocation according to the countries.
United States (49.8%)
New Zealand (31.1%)
Japan (3.2%)
Great Britain (3.1%)
France (2.1%)
Switzerland (1.8%)
Canada (1.8%)
Other (6.9%)
Sector composition
This graph shows the fund allocation according to the type of industry.
Information Technology (21.6%)
Health Care (13.5%)
Industrials (13.3%)
Real Estate (8.5%)
Financials (8.3%)
Communication Services (8.1%)
Utilities (7.5%)
Other (17.0%)
Country and Sector composition as at 30 June 2024.
Returns
As at 30 June 2024
1.93%
3 months
15.59%
1 year
N/A
3 years
N/A
5 years
11.16%
Since inception
Fund returns are after fees and at 0% PIR tax. Returns for periods more than a year are annualised to be per annum (p.a.). See our full performance disclaimer for more details.
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.
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Lower risk
Higher risk
Performance
Range of Returns
-9.55% vs 41.34%
The lowest and highest 12 month returns, in 5 years as at 30 June 2024*
Growth of 10K
$18,202.34
For the 5 years as at 30 June 2024, an investment of $10,000 would be up 82.02%*
Investment Objective
Growth & Diversification
The fund is designed to provide long-term capital growth and diversification.
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