FundRock NZ Limited

InvestNow Mint Australasian Equity Fund

InvestNow KiwiSaver SchemeAggressive

What the provider says about this fund

Provides exposure to an actively managed portfolio that typically invests in New Zealand and Australian listed equities

1-year return

-3.73%

5-year return p.a.

0.30%

Total annual fee

1.19%

Fund size ($m)

1.0

Members

Inception date

21 October 2020

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

Lower riskHigher risk

Growth assets

99.45%

Income assets

0.55%

Asset class	Actual	Target	Average for Aggressive funds
Australasian shares	99.45%	95.00%	28.28%
Cash and equivalents	0.55%	5.00%	1.31%
Commodities	0.00%	0.00%	0.09%
International bonds	0.00%	0.00%	0.17%
International shares	0.00%	0.00%	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%

Rank	Asset	Asset class	Asset type	Country	% of fund
1	Mint Australasian Equity Fund	Shares	Australasian Equities	NZ	100.00%

1.19% total annual fee

Fee type	Fee	Cost per year on a $30,000 balance	Average for Aggressive funds
Management fees	1.02%	$306	0.71%
Other fees	0.17%	$51	0.08%
Membership fees	0.00%	$0	0.05%
Total combined fees	1.19%	$357	0.85%

Year ending	Fund return	Average for Aggressive funds
31 March 2022	-4.26%	3.36%
31 March 2023	-0.38%	-4.50%
31 March 2024	4.25%	16.43%
31 March 2025	2.92%	4.58%
31 March 2026	-3.73%	12.72%

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