NZ 20 Fund
The NZ 20 Fund delivers long-term capital growth by investing in the twenty largest companies listed on the New Zealand Exchange (NZX).
Designed to track the
S&P/NZX 20
Index
5 year return to
April 2020
14.61%*
The fund pays
distributions
Quarterly
Investment Management
Fee
0.39%
Fund Overview
Invest in the 20 largest listed companies in New Zealand that are collectively worth over $100 billion. Large and liquid, these companies account for much of the daily trading on the NZX. Holdings include four electricity companies, four transport companies, three real estate companies, two telecom companies and our largest NZ company, Fisher & Paykel Healthcare. While many of the companies are stable, this fund is likely to fluctuate with the world view of New Zealand, including our exchange rate, interest rate and export appeal. About 52% of the companies, by size, are dependent on export and tourism appeal.
NZ 20 Performance
We believe past performance should not be relied on to make an investment choice, so we strive to provide a range information to assist in making the best choice for your goals.
Range of Returns
The best and the worst 12 month returns in the 10 years to April 2020*
$19,775
Growth of $10,000
For the 5 years to April 2020, you would be up 97.75%*
Investment Objective
The fund is designed to provide capital growth and income generation.
*These are the gross index returns, not including fees or taxes.
Fund Holdings
| Company | Industry | % at 30 April 2020 |
|---|---|---|
| Fisher & Paykel Healthcare | Health Care | 17.57% |
| The a2 Milk Co | Consumer Staples | 16.13% |
| Spark | Communication Services | 9.11% |
| Meridian Energy | Utilities | 6.30% |
| Ryman Healthcare | Health Care | 5.61% |
| Auckland Intl Airport | Industrials | 5.33% |
| Contact Energy | Utilities | 5.04% |
| Chorus | Communication Services | 3.53% |
| Mainfreight | Industrials | 3.45% |
| Fletcher Building | Materials | 3.43% |
| Infratil | Utilities | 3.39% |
| Mercury NZ | Utilities | 3.19% |
| EBOS Group | Health Care | 2.89% |
| Goodman Property | Real Estate | 2.79% |
| Port of Tauranga | Industrials | 2.35% |
| SkyCity Entertainment | Consumer Discretionary | 1.98% |
| Precinct Properties | Real Estate | 1.91% |
| Kiwi Property Group | Real Estate | 1.69% |
| Z Energy | Energy | 1.38% |
| Air New Zealand | Industrials | 0.81% |
| Cash & Cash Equivalents | 2.10% |
Fund Returns
Since Inception
3.03%
3 months
-6.59%
1 year
N/A
3 years
N/A
p.a
5 years
N/A
p.a
*Returns are after fees as at 30 April 2020. See our full performance disclaimer for more details.
Risk and Returns
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. For more information, read our monthly fact sheet or most recent Fund Update.
Ready to invest in the NZ 20 Fund?
You may also call us on 0800 537 635 during 9am-5pm weekdays.
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Copyright 2019 – Kernel Wealth Limited
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