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

0.39%

Management fee p.a. (before rebate)

2.23%

Indicative dividend
yield as at 31 August 2021

Quarterly
The fund pays distributions

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.

CompanyIndustry% as at 31 Aug 2021
Vital Healthcare PropertyReal Estate6.54%
Stride PropertyReal Estate6.33%
Heartland GroupFinancials6.16%
Arvida GroupHealthcare5.76%
Oceania HealthcareHealthcare5.62%
Pacific EdgeHealthcare5.27%
SkellerupIndustrials5.10%
Kathmandu HoldingsConsumer Disc.4.58%
Air New ZealandIndustrials4.15%
SerkoInfo. Tech.3.57%
Scales CorporationConsumer Staples3.09%
Investore PropertyReal Estate3.07%
Vista Group InternationalInfo. Tech.2.83%
NZXFinancials2.63%
Restaurant BrandsConsumer Disc.2.55%
EROADInfo. Tech.2.21%
The Warehouse GroupConsumer Disc.2.10%
Fonterra Shareholders FundConsumer Staples2.01%
SanfordConsumer Staples1.87%
DelegatsConsumer Staples1.80%
Hallenstein GlassonConsumer Disc.1.77%
Briscoes GroupConsumer Disc.1.70%
Sky Network TelevisionCommunication Services1.69%
Tourism HoldingsIndustrials1.53%
Synlait MilkConsumer Staples1.51%
Napier PortIndustrials1.45%
Turners AutomotiveConsumer Disc.1.44%
My Food BagConsumer Disc.1.26%
TOWERFinancials1.20%
ComvitaConsumer Staples0.99%
NZMECommunication Services0.96%
SeekaConsumer Staples0.87%
New Zealand RefiningEnergy0.84%
Steel & TubeMaterials0.80%
Rakon LimitedInfo. Tech.0.79%
AFT PharmaceuticalsHealthcare0.69%
PGG WrightsonConsumer Staples0.67%
GentrackInfo. Tech.0.64%
Asset Plus LimitedReal Estate0.51%
New Zealand King SalmonConsumer Staples0.44%
Plexure GroupInfo. Tech.0.39%
Evolve Education GroupConsumer 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.

Sector Holdings

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

Range of returns

-36.78% vs +95.42%

The best and the worst 12 month returns in 5 years to end of June 2021*

Growth of $10,000

$15,974

For the 5 years to August 2021, you would be up 59.74%*

Investment Objective

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

3 months

6.24%

1 year

29.03%

5 years
N/A
10 years
N/A
Since Inception

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

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.

Other Local Funds

NZ 20 Fund

Invest in 20 of the largest companies listed on the NZX.
NZ Commercial Property
Invest in the largest eight REITs on the New Zealand Stock Exchange.

Ready to invest in NZ’s smaller companies?

Have any questions? Call us on 0800 537 635 during 9am-5pm weekdays.