Koura Wealth Limited

Rest Of World Equities Fund

Koura KiwiSaver SchemeAggressive

What the provider says about this fund

This Fund provides exposure to the share markets of Europe, Australasia, Singapore, Hong Kong, Japan and Israel. The Fund will invest in underlying funds to provide this desired exposure. The Fund expects to deliver a negative return once in every 3-4 years

1-year return

13.70%

5-year return p.a.

7.97%

Total annual fee

0.73%

Fund size ($m)

54.2

Members

7,923

Inception date

23 October 2019

Risk indicator

The official Smart Investor risk indicator uses a scale from 1 to 7.

Lower riskHigher risk

Investment mix

Growth assets

99.82%

Income assets

0.18%

Asset class	Actual	Target	Average for Aggressive funds
Cash and equivalents	0.18%	1.00%	1.31%
International shares	99.82%	99.00%	59.89%

Top 10 holdings

Rank	Asset	Asset class	Asset type	Country	% of fund
1	IShares ESG Advanced MSCI EAFE ETF	Shares	International Equities	US	99.82%
2	BNZ USD Account	Cash	Cash and Cash Equivalents	NZ	0.10%
3	BNZ NZD Account	Cash	Cash and Cash Equivalents	NZ	0.08%

Fees

0.73% total annual fee

Fee type	Fee	Cost per year on a $30,000 balance	Average for Aggressive funds
Management fees	0.51%	$153	0.71%
Other fees	0.12%	$36	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	25.44%	35.19%
31 March 2022	-4.01%	3.36%
31 March 2023	7.25%	-4.50%
31 March 2024	20.64%	16.43%
31 March 2025	3.90%	4.58%
31 March 2026	13.70%	12.72%

Documents

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