Amova Asset Management New Zealand Limited
GoalsGetter Amova ARK Disruptive Innovation Fund
GoalsGetter KiwiSaver SchemeAggressive
What the provider says about this fund
The fund aims to outperform the benchmark of an absolute return of 10% per annum over a rolling five-year period before fees, expenses and taxes. The fund provides access to a global share portfolio that offers thematic exposure to disruptive innovation across a number of sectors, and geographies.
1-year return
19.68%
5-year return p.a.
7.83%
Total annual fee
1.55%
Fund size ($m)
33.4
Members
822
Inception date
20 November 2020
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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Lower riskHigher risk
Investment mix
Growth assets
96.75%
Income assets
3.25%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 0.00% | 0.00% | 28.28% |
| Cash and equivalents | 3.25% | 0.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 96.75% | 100.00% | 59.89% |
| Listed property | 0.00% | 0.00% | 8.08% |
| New Zealand bonds | 0.00% | 0.00% | 0.17% |
| Unlisted property | 0.00% | 0.00% | 0.17% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Tesla Motors Inc | Shares | International Equities | US | 8.82% |
| 2 | Robinhood Markets Inc | Shares | International Equities | US | 4.90% |
| 3 | Shopify Inc | Shares | International Equities | CA | 4.88% |
| 4 | Tempus Ai Inc | Shares | International Equities | US | 4.63% |
| 5 | Circle Internet Group Inc | Shares | International Equities | US | 4.54% |
| 6 | Coinbase Global Inc | Shares | International Equities | US | 4.12% |
| 7 | Palantir Technologies Inc | Shares | International Equities | US | 4.04% |
| 8 | Advanced Micro Devices, Inc. | Shares | International Equities | US | 4.03% |
| 9 | Roblox Corp | Shares | International Equities | US | 3.62% |
| 10 | Roku Inc | Shares | International Equities | US | 3.16% |
Fees
1.55% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 1.45% | $435 | 0.71% |
| Other fees | 0.00% | $0 | 0.08% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 1.55% | $465 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2022 | -40.84% | 3.36% |
| 31 March 2023 | -35.59% | -4.50% |
| 31 March 2024 | 33.89% | 16.43% |
| 31 March 2025 | 8.95% | 4.58% |
| 31 March 2026 | 19.68% | 12.72% |
Documents
- Full portfolio holdings (spreadsheet)
- Latest fund update
- Other material information
- Other material information
- Other material information
- Other material information
- Other material information
- 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 |
|---|---|---|
| Alan Clarke | Portfolio Manager, Diversified Funds & External Managers and member of the Investment Committee | 2 years, 6 months |
| Stuart Williams | Managing Director and Chair of Investment Committee | 3 years |