FundRock NZ Limited
InvestNow Fisher Funds Conservative Fund
InvestNow KiwiSaver SchemeConservative
What the provider says about this fund
Provides exposure to a diversified fund that is best suited to a short term or naturally cautious investor or one who is looking to make a withdrawal within the short term. It also suits an investor who values lower volatility of returns over achieving potential higher returns
1-year return
2.69%
5-year return p.a.
2.32%
Total annual fee
0.93%
Fund size ($m)
1.6
Members
82
Inception date
10 February 2022
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
21.40%
Income assets
78.60%
| Asset class | Actual | Target | Average for Conservative funds |
|---|---|---|---|
| Australasian shares | 5.30% | 5.00% | 5.79% |
| Cash and equivalents | 19.70% | 20.00% | 20.22% |
| Commodities | 0.00% | 0.00% | 0.07% |
| International bonds | 27.20% | 32.00% | 27.47% |
| International shares | 12.30% | 11.00% | 14.45% |
| Listed property | 1.00% | 2.00% | 1.47% |
| New Zealand bonds | 31.70% | 28.00% | 29.28% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 2.80% | 2.00% | 0.49% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Fisher Funds Conservative Fund | Fund | Fund | NZ | 100.00% |
Fees
0.93% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Conservative funds |
|---|---|---|---|
| Management fees | 0.69% | $207 | 0.70% |
| Other fees | 0.24% | $72 | 0.11% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.93% | $279 | 0.86% |
Yearly returns
| Year ending | Fund return | Average for Conservative funds |
|---|---|---|
| 31 March 2023 | -2.38% | -1.65% |
| 31 March 2024 | 6.99% | 6.61% |
| 31 March 2025 | 3.54% | 3.59% |
| 31 March 2026 | 2.69% | 3.96% |
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 |