Overview

How is this fund different to others?

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.

Holdings

As at October 31, 2023

Company	Country	Industry	Weight
Fisher & Paykel Healthcare Corp Ltd	NZ	Health Care	13.42%
Auckland International Airport	NZ	Industrials	10.67%
Spark New Zealand Limited (NZ Registered)	NZ	Communication Services	10.17%
IL Infratil Limited	NZ	Industrials	9.06%
Contact Energy Ltd	NZ	Utilities	6.78%
Meridian Energy	NZ	Utilities	6.64%
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Performance

• Range of returns

  -15.41%

  VS

  39.44%

  The lowest and highest 12 month returns, in 5 years to the end of October 2023*

• Growth of $10k

  $13,738

  For the 5 years to 31 October 2023, an investment of $10,000 would be up 37.38%*

• Investment Objective

  Growth & Income

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

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

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.