Koura Wealth Limited

Bitcoin Fund

Koura KiwiSaver SchemeAggressive

What the provider says about this fund

The Fund will invest in underlying Funds that will invest directly in Bitcoin.

1-year return

-19.79%

5-year return p.a.

5.59%

Total annual fee

1.20%

Fund size ($m)

10.8

Members

4,106

Inception date

23 May 2022

Risk indicator

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

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7
Lower riskHigher risk

Investment mix

Growth assets

99.45%

Income assets

0.55%

Asset classActualTargetAverage for Aggressive funds
Cash and equivalents0.55%1.00%1.31%

Top 10 holdings

RankAssetAsset classAsset typeCountry% of fund
1Fidelity Wise Origin Bitcoin FundOtherOtherUS92.42%
2IShares Bitcoin TrustOtherOtherUS7.03%
3BNZ NZD AccountCashCash and Cash EquivalentsNZ0.32%
4BNZ USD AccountCashCash and Cash EquivalentsNZ0.23%

Fees

1.20% total annual fee

Fee typeFeeCost per year on a $30,000 balanceAverage for Aggressive funds
Management fees0.85%$2550.71%
Other fees0.25%$750.08%
Membership fees0.10%$300.05%
Total combined fees1.20%$3600.85%

Yearly returns

Year endingFund returnAverage for Aggressive funds
31 March 2024147.06%16.43%
31 March 202519.31%4.58%
31 March 2026-19.79%12.72%

Key personnel

NamePositionTime in role
David MooreInvestment Committee Member6 years, 11 months
Nigel ScottDirector, Investment Committee Member5 years, 4 months
Rupert CarlyonManaging Director , Investment Committee Member7 years, 7 months
Warren CouillaultChairman, Investment Committee Member6 years, 11 months