Koura Wealth Limited
New Zealand Equities Fund
Koura KiwiSaver SchemeAggressive
What the provider says about this fund
The Fund provides investors an exposure to the New Zealand share market.
1-year return
3.08%
5-year return p.a.
0.36%
Total annual fee
0.73%
Fund size ($m)
50.6
Members
7,467
Inception date
23 October 2019
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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7
Lower riskHigher risk
Investment mix
Growth assets
98.70%
Income assets
1.30%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 98.70% | 99.00% | 28.28% |
| Cash and equivalents | 1.30% | 1.00% | 1.31% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | A2 Milk Company Ltd | Shares | Australasian Equities | NZ | 8.34% |
| 2 | Infratil Ltd | Shares | Australasian Equities | NZ | 7.69% |
| 3 | Contact Energy Ltd | Shares | Australasian Equities | NZ | 7.68% |
| 4 | Fisher & Paykel Healthcare Ltd | Shares | Australasian Equities | NZ | 7.37% |
| 5 | Meridian Energy Limited | Shares | Australasian Equities | NZ | 7.37% |
| 6 | Auckland International Airport Ltd | Shares | Australasian Equities | NZ | 7.32% |
| 7 | Mainfreight Ltd | Shares | Australasian Equities | NZ | 6.17% |
| 8 | Mercury NZ Limited | Shares | Australasian Equities | NZ | 5.28% |
| 9 | Chorus Ltd | Shares | Australasian Equities | NZ | 5.07% |
| 10 | Spark New Zealand Ltd | Shares | Australasian Equities | NZ | 4.87% |
Fees
0.73% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.63% | $189 | 0.71% |
| Other fees | 0.00% | $0 | 0.08% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 0.73% | $219 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2021 | 32.09% | 35.19% |
| 31 March 2022 | -3.02% | 3.36% |
| 31 March 2023 | -1.76% | -4.50% |
| 31 March 2024 | 1.74% | 16.43% |
| 31 March 2025 | -1.69% | 4.58% |
| 31 March 2026 | 3.08% | 12.72% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| David Moore | Investment Committee Member | 6 years, 11 months |
| Nigel Scott | Director, Investment Committee Member | 5 years, 4 months |
| Rupert Carlyon | Managing Director , Investment Committee Member | 7 years, 7 months |
| Warren Couillault | Chairman, Investment Committee Member | 6 years, 11 months |