FundRock NZ Limited

InvestNow Clarity Global Shares Fund

InvestNow KiwiSaver SchemeAggressive

What the provider says about this fund

Provides exposure to an actively managed global shares fund. The underlying investment manager uses a mix of fundamental and quantitative analysis to select companies

1-year return

20.86%

5-year return p.a.

13.56%

Total annual fee

1.07%

Fund size ($m)

4.5

Members

255

Inception date

28 October 2020

Risk indicator

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

Lower riskHigher risk

Investment mix

Growth assets

99.18%

Income assets

0.82%

Asset class	Actual	Target	Average for Aggressive funds
Australasian shares	0.91%	0.00%	28.28%
Cash and equivalents	0.82%	2.00%	1.31%
Commodities	0.00%	0.00%	0.09%
International bonds	0.00%	0.00%	0.17%
International shares	98.27%	98.00%	59.89%
Listed property	0.00%	0.00%	8.08%
New Zealand bonds	0.00%	0.00%	0.17%
Unknown	0.00%	0.00%	0.00%
Unlisted property	0.00%	0.00%	0.17%

Top 10 holdings

Rank	Asset	Asset class	Asset type	Country	% of fund
1	Clarity Global Shares Fund	Shares	International Equities	NZ	100.00%

Fees

1.07% total annual fee

Fee type	Fee	Cost per year on a $30,000 balance	Average for Aggressive funds
Management fees	0.66%	$198	0.71%
Other fees	0.41%	$123	0.08%
Membership fees	0.00%	$0	0.05%
Total combined fees	1.07%	$321	0.85%

Yearly returns

Year ending	Fund return	Average for Aggressive funds
31 March 2022	8.22%	3.36%
31 March 2023	1.05%	-4.50%
31 March 2024	31.03%	16.43%
31 March 2025	8.02%	4.58%
31 March 2026	20.86%	12.72%

Documents

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