Latest Fund Factsheet
Updated: 30.06.2024
NZ 20
Designed for long-term capital growth, the NZ 20 fund invests in 20 of the largest companies listed on the NZX.
5-10 Years
Minimum suggested investment time frame
4.35%
5 year p.a index return as at 30 June 2024
2.98%
Indicative dividend yield as at 30 June 2024
0.25%
Management fee p.a.
Overview
Invest in 20 of the largest listed blue-chip companies in New Zealand that are collectively worth over $100 billion. This fund tracks the S&P/NZX 20 Index and provides broad diversification across a range of sectors including utilities, real estate, telecommunication and healthcare.
Large and liquid, these companies account for much of the daily trading on the NZX and their competitive positioning means these companies have been more resilient to market declines. This fund is likely to fluctuate with the world view of New Zealand, including our exchange rate, interest rate and export appeal.
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 |
|---|---|---|---|
Fisher & Paykel Healthcare Corp Ltd | NZ | Health Care | 14.95% |
IL Infratil Limited | NZ | Industrials | 10.77% |
Auckland International Airport | NZ | Industrials | 10.38% |
Meridian Energy | NZ | Utilities | 8.07% |
Spark New Zealand Limited (NZ Registered) | NZ | Communication Services | 7.80% |
Contact Energy Ltd | NZ | Utilities | 7.34% |
Sector composition
This graph shows the fund allocation according to the type of industry.
Industrials (32.3%)
Health Care (24.7%)
Utilities (19.9%)
Communication Services (11.3%)
Real Estate (5.4%)
Consumer Staples (5.3%)
Consumer Discretionary (1.1%)
Country and Sector composition as at 30 June 2024.
Returns
As at 30 June 2024
-1.98%
3 months
0.58%
1 year
0.10%
3 years
N/A
5 years
3.80%
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
-15.41% vs 39.44%
The lowest and highest 12 month returns, in 5 years as at 30 June 2024*
Growth of 10K
$12,371.42
For the 5 years as at 30 June 2024, an investment of $10,000 would be up 23.71%*
Investment Objective
Growth & Income
The fund is designed to provide long-term capital growth and income generation.
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