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 year p.a. index return
to May 2021
Management fee p.a. (before rebate)
yield as at 31 May 2021
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 May 2021|
|Vital Healthcare Property Trust||Real Estate||6.27%|
|Stride Stapled Group||Real Estate||6.06%|
|Kathmandu Holdings||Consumer Disc.||5.70%|
|Air New Zealand||Industrials||4.86%|
|Investore Property||Real Estate||3.29%|
|Scales Corporation||Consumer Staples||3.02%|
|Vista Group International||Info. Tech.||2.68%|
|Restaurant Brands NZ||Consumer Disc.||2.30%|
|Fonterra Shareholders Fund||Consumer Staples||2.30%|
|Hallenstein Glasson||Consumer Disc.||1.88%|
|Sky Network Television||Communication Services||1.62%|
|Briscoes Group||Consumer Disc.||1.60%|
|The Warehouse Group||Consumer Disc.||1.48%|
|Synlait Milk||Consumer Staples||1.45%|
|Turners Automotive||Consumer Disc.||1.44%|
|Smartpay Holdings||Info. Tech.||0.93%|
|Steel & Tube||Materials||0.84%|
|Rakon Limited||Info. Tech.||0.77%|
|New Zealand Refining||Energy||0.66%|
|PGG Wrightson||Consumer Staples||0.61%|
|Plexure Group||Info. Tech.||0.57%|
|New Zealand King Salmon||Consumer Staples||0.53%|
|Asset Plus Limited||Real Estate||0.52%|
Transparency is key and we think you should know which companies you own within our Fund. 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.
-37.32% vs +94.46%
The best and the worst 12 month returns in 10 years to end of March 2021*
For the 5 years to May 2021, you would be up 57.71%*
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.
Fund returns are after fees, but before tax as at 31 May 2021. See our full performance disclaimer for more details.
Under $25,000 invested
Over $25,000 invested
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
NZ 20 Fund
Ready to invest in NZ’s smaller companies?
Have any questions? Call us on 0800 537 635 during 9am-5pm weekdays.