FundRock NZ Limited
InvestNow Castle Point 5 Oceans Fund
InvestNow KiwiSaver SchemeBalanced
What the provider says about this fund
Provides exposure to a globally diversified fund that provides a moderate exposure to growth assets. The underlying fund invests in a mix of directly owned assets and other managed funds
1-year return
9.09%
5-year return p.a.
3.85%
Total annual fee
1.18%
Fund size ($m)
0.3
Members
40
Inception date
23 October 2020
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
1
2
3
4
5
6
7
Lower riskHigher risk
Investment mix
Growth assets
60.34%
Income assets
39.66%
| Asset class | Actual | Target | Average for Balanced funds |
|---|---|---|---|
| Australasian shares | 12.29% | 19.50% | 13.93% |
| Cash and equivalents | 2.62% | 10.00% | 7.91% |
| Commodities | 0.00% | 0.00% | 0.17% |
| International bonds | 34.88% | 30.00% | 19.39% |
| International shares | 41.93% | 29.00% | 35.53% |
| Listed property | 0.00% | 0.00% | 2.24% |
| New Zealand bonds | 2.16% | 5.00% | 18.91% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 0.00% | 0.00% | 0.46% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Castle Point 5 Oceans Fund | Fund | Fund | NZ | 100.00% |
Fees
1.18% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Balanced funds |
|---|---|---|---|
| Management fees | 1.08% | $324 | 0.77% |
| Other fees | 0.10% | $30 | 0.09% |
| Performance fees | 0.00% | $0 | 0.00% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 1.18% | $354 | 0.91% |
Yearly returns
| Year ending | Fund return | Average for Balanced funds |
|---|---|---|
| 31 March 2022 | 3.71% | 0.77% |
| 31 March 2023 | -2.25% | -2.77% |
| 31 March 2024 | 4.69% | 10.89% |
| 31 March 2025 | 4.32% | 4.36% |
| 31 March 2026 | 9.09% | 6.36% |
Documents
- Full portfolio holdings (spreadsheet)
- Latest fund update
- Other material information
- Other material information
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Statement of investment policy and objectives
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Anthony Sowerby | Investment Committee Member | 6 years |
| Jason Choy | Investment Committee Member | 3 years, 8 months |
| Kimi David | Investment Committee Member | 1 year, 1 month |
| Mike Heath | Investment Committee Member | 6 years |