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The Fund invests in a broad range of smaller companies listed on the New Zealand Exchange (NZX), and is the first NZ Index fund to invest outside of the S&P/NZX 50.
5 year p.a. index return as at 31 October 2023
Indicative dividend yield as at 31 October 2023
Management fee p.a.
Overview
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.
As at October 31, 2023
Company | Country | Industry | Weight |
---|---|---|---|
Argosy Property Ltd | NZ | Real Estate | 7.59% |
Skellerup Holdings Ltd | NZ | Industrials | 7.49% |
Arvida Group Limited | NZ | Health Care | 6.95% |
Stride Property Limited | NZ | Real Estate | 6.29% |
Tourism Holdings Ltd | NZ | Industrials | 5.11% |
KMD Brands Limited | NZ | Consumer Discretionary | 4.64% |
Range of returns
VS
The lowest and highest 12 month returns, in 5 years to the end of October 2023*
Growth of $10k
For the 5 years to 31 October 2023, an investment of $10,000 would be down -9.81%*
Investment Objective
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.
As at October 31, 2023
3 months
1 year
5 years
10 years
Since Inception
Fund returns are after fees and at 0% PIR tax. See our full performance disclaimer for more details.
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
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