Overview

How is this fund different to others?

The Small & Mid Cap Opportunities Fund invests in companies outside of the NZ 20, who have a market capitalisation of between $100 million and $1 billion. This fund gives investors access to smaller and growing NZ companies across a diverse mix of sectors including real estate, technology, healthcare, tourism, consumer staples. It includes a range of iconic household names such as Briscoes, Hallenstein Glasson and NZX. This fund tracks the S&P/NZX Emerging Opportunities Index, which combined with the NZ 20 fund, represents the entire investible universe on the NZX. The Fund is likely to fluctuate in line with the general business cycle. Its high allocation to the real estate sector also provides a solid income stream.

Holdings

As at April 30, 2022

Company	Country	Industry	Weight
Stride Property	NZ	Real Estate	7.09%
Skellerup	NZ	Industrials	6.96%
Kathmandu Holdings	NZ	Consumer Disc.	6.04%
Oceania Healthcare	NZ	Healthcare	4.85%
Pacific Edge	NZ	Healthcare	4.84%
Scales Corporation	NZ	Consumer Staples	3.89%
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Performance

• Range of returns

  -36.78%

  VS

  95.42%

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

• Growth of $10k

  $14,330

  For the 5 years to April 2022, you would be up 43.30%*

• Investment Objective

  Capital Growth

  The Fund is designed to focus on capital growth and is a great satellite holding.

*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.