Latest Fund Factsheet
Updated: 30.11.2024
NZ Small & Mid Cap Opportunities
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.
5-10 Years
Minimum suggested investment time frame
-0.18%
5 year p.a index return as at 30 November 2024
4.06%
Indicative dividend yield as at 30 November 2024
0.25%
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.
Where is my money?
Take comfort in knowing which companies and locations your money is invested in.
holdings
Fund holdings as at 30 November 2024
| Company | Country | Industry | Weighting |
|---|---|---|---|
Gentrack Ltd (NZ Register) | NZ | Information Technology | 9.99% |
Skellerup Holdings Ltd | NZ | Industrials | 7.07% |
Argosy Property Ltd | NZ | Real Estate | 6.37% |
Vital Healthcare Property | NZ | Real Estate | 6.09% |
Heartland Group Holdings Limited | NZ | Financials | 5.70% |
Stride Property Limited | NZ | Real Estate | 5.15% |
Sector composition
This graph shows the fund allocation according to the type of industry.
Real Estate (20.1%)
Information Technology (18.1%)
Financials (11.7%)
Industrials (11.3%)
Consumer Discretionary (10.3%)
Consumer Staples (9.7%)
Health Care (4.6%)
Other (13.8%)
Country and Sector composition as at 30 November 2024.
Returns
As at 30 November 2024
6.87%
3 months
17.84%
1 year
-6.59%
3 years
-0.47%
5 years
0.55%
Since inception
Fund returns are after fees and at 0% PIR tax. Returns for periods more than a year are annualised to be per annum (p.a.). See our full performance disclaimer for more details.
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.
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Lower risk
Higher risk
Performance
Range of Returns
-36.78% vs 95.42%
The lowest and highest 12 month returns, in 5 years as at 30 November 2024*
Growth of 10K
$9,912.59
For the 5 years as at 30 November 2024, an investment of $10,000 would be down -0.87%*
Investment Objective
Capital Growth
The fund is designed to focus on capital growth and is a great satellite holding.
*These are the gross benchmark returns, not including fees or taxes.
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