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NZ Commercial Property

The Commercial Property Fund delivers diversification in the property sector by investing in the eight largest REITs on the New Zealand Exchange (NZX).

11.56%

5 year p.a. index return to April 2022

4.58%

Indicative dividend yield as at April 2022

0.25%

Management fee p.a.

Overview

How is this fund different to others?

Kiwis love property. This fund provides a diversified investment into eight listed Real Estate Investment Trusts, who own and manage commercial property portfolios. This includes office buildings, industrial estates and shopping malls. Leveraging at an average of 30%, the underlying companies provide a varied exposure to over 300 properties throughout New Zealand. This fund can provide a regular income stream, however unlike bonds, the distributions are not guaranteed and valuations will vary with the business cycle. This fund tracks the S&P/NZX Real Estate Select index.

Holdings

As at April 30, 2022

CompanyCountryIndustryWeight

Precinct Properties

NZ

Office REITs

17.80%

Goodman Property Trust

NZ

Diversified REITs

17.23%

Kiwi Property Group

NZ

Retail REITs

15.40%

Property for Industry

NZ

Industrial REITS

12.53%

Vital Healthcare

NZ

Healthcare REITs

12.33%

Argosy Property

NZ

Diversified REITs

10.21%

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Performance

  • Range of returns

    -16.29%

    VS

    51.66%

    The best and the worst 12 month returns in 5 years to the end of March 2022*

  • Growth of $10k

    $16,482

    For the 5 years to April 2022, you would be up 64.82%*

  • 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.

Returns

As at April 30, 2022

  • -5.02%

    3 months

  • -3.88%

    1 year

  • 10.51%

    5 years

  • 11.56%

    10 years

Index returns are total returns gross of imputation credits where applicable, not including fees or taxes. All yearly returns are annualised.

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.

Potentially Lower Returns

Potentially Higher Returns

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Lower Risk

Higher Risk

Documents & Resources

Latest Fund Update

Updated: 22.04.2022

Latest Fund Factsheet

Updated: 30.04.2022

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If you’d like to talk to a human, call us on 0800 537 635 during 9 am - 5 pm weekdays.

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Indices provided by: S&P Dow Jones Indices