Koura Wealth Limited
US Equities Fund
Koura KiwiSaver SchemeAggressive
What the provider says about this fund
The Fund provides investors an exposure to the US share market. The Fund invests in underlying funds to provide this exposure. The Fund expects to deliver a negative return once in every 4-5 years.
1-year return
13.40%
5-year return p.a.
11.59%
Total annual fee
0.73%
Fund size ($m)
155.2
Members
8,376
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
99.66%
Income assets
0.34%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Cash and equivalents | 0.34% | 1.00% | 1.31% |
| International shares | 99.66% | 99.00% | 59.89% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | IShares ESG Select Screened S&P 500 ETF | Shares | International Equities | US | 99.66% |
| 2 | BNZ NZD Account | Cash | Cash and Cash Equivalents | NZ | 0.33% |
| 3 | BNZ USD Account | Cash | Cash and Cash Equivalents | NZ | 0.01% |
Fees
0.73% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.55% | $165 | 0.71% |
| Other fees | 0.08% | $24 | 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 | 38.51% | 35.19% |
| 31 March 2022 | 5.78% | 3.36% |
| 31 March 2023 | -2.19% | -4.50% |
| 31 March 2024 | 38.87% | 16.43% |
| 31 March 2025 | 6.18% | 4.58% |
| 31 March 2026 | 13.40% | 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 |