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.
9.82%
5 year p.a. index return
to August 2021
Management fee p.a. (before rebate)
2.23%
Indicative dividend
yield as at 31 August 2021
Fund 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.
| Company | Industry | % as at 31 Aug 2021 |
|---|---|---|
| Vital Healthcare Property | Real Estate | 6.54% |
| Stride Property | Real Estate | 6.33% |
| Heartland Group | Financials | 6.16% |
| Arvida Group | Healthcare | 5.76% |
| Oceania Healthcare | Healthcare | 5.62% |
| Pacific Edge | Healthcare | 5.27% |
| Skellerup | Industrials | 5.10% |
| Kathmandu Holdings | Consumer Disc. | 4.58% |
| Air New Zealand | Industrials | 4.15% |
| Serko | Info. Tech. | 3.57% |
| Scales Corporation | Consumer Staples | 3.09% |
| Investore Property | Real Estate | 3.07% |
| Vista Group International | Info. Tech. | 2.83% |
| NZX | Financials | 2.63% |
| Restaurant Brands | Consumer Disc. | 2.55% |
| EROAD | Info. Tech. | 2.21% |
| The Warehouse Group | Consumer Disc. | 2.10% |
| Fonterra Shareholders Fund | Consumer Staples | 2.01% |
| Sanford | Consumer Staples | 1.87% |
| Delegats | Consumer Staples | 1.80% |
| Hallenstein Glasson | Consumer Disc. | 1.77% |
| Briscoes Group | Consumer Disc. | 1.70% |
| Sky Network Television | Communication Services | 1.69% |
| Tourism Holdings | Industrials | 1.53% |
| Synlait Milk | Consumer Staples | 1.51% |
| Napier Port | Industrials | 1.45% |
| Turners Automotive | Consumer Disc. | 1.44% |
| My Food Bag | Consumer Disc. | 1.26% |
| TOWER | Financials | 1.20% |
| Comvita | Consumer Staples | 0.99% |
| NZME | Communication Services | 0.96% |
| Seeka | Consumer Staples | 0.87% |
| New Zealand Refining | Energy | 0.84% |
| Steel & Tube | Materials | 0.80% |
| Rakon Limited | Info. Tech. | 0.79% |
| AFT Pharmaceuticals | Healthcare | 0.69% |
| PGG Wrightson | Consumer Staples | 0.67% |
| Gentrack | Info. Tech. | 0.64% |
| Asset Plus Limited | Real Estate | 0.51% |
| New Zealand King Salmon | Consumer Staples | 0.44% |
| Plexure Group | Info. Tech. | 0.39% |
| Evolve Education Group | Consumer Disc. | 0.38% |
Fund Holdings
Transparency is key and we think you should know which companies you own within our Fund. There are 42 companies in the Fund, spread across ten different industries. You can find out more about constituent selection here.
For those that like to get into the detail of asset allocation or their holdings, this sector breakdown shows you which industries you have investment across.
Performance
-36.78% vs +95.42%
The best and the worst 12 month returns in 5 years to end of June 2021*
$15,974
For the 5 years to August 2021, you would be up 59.74%*
Growth & Diversification
The fund is designed to provide long-term capital growth and diversification.
*These are the gross index returns, not including fees or taxes.
Returns
6.24%
29.03%
29.78%
Fund returns are after fees, but before tax as at 31 August 2021. See our full performance disclaimer for more details.
Under $25,000 invested
0.39%
Over $25,000 invested
0.29%
Fees & perks simplified
The investment management fee rebate is on your total invested portfolio, not per fund. For more information on how this works, please see here.
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.
Other Local Funds
Ready to invest in NZ’s smaller companies?
Have any questions? Call us on 0800 537 635 during 9am-5pm weekdays.
