Koura Wealth Limited
Clean Energy Fund
Koura KiwiSaver SchemeAggressive
What the provider says about this fund
The Fund will invest in companies that are assisting in the transistion away from fossil fuels and toward clean energy.
1-year return
57.37%
5-year return p.a.
5.59%
Total annual fee
1.20%
Fund size ($m)
3.6
Members
2,348
Inception date
23 May 2022
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
98.79%
Income assets
1.21%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Cash and equivalents | 1.21% | 1.00% | 1.31% |
| International shares | 98.79% | 99.00% | 59.89% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | First Trust NASDAQ Clean Edge Green Energy Idx Fd | Shares | International Equities | US | 98.79% |
| 2 | BNZ USD Account | Cash | Cash and Cash Equivalents | NZ | 0.71% |
| 3 | BNZ NZD Account | Cash | Cash and Cash Equivalents | NZ | 0.50% |
Fees
1.20% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.54% | $162 | 0.71% |
| Other fees | 0.56% | $168 | 0.08% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 1.20% | $360 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2024 | -30.73% | 16.43% |
| 31 March 2025 | -13.36% | 4.58% |
| 31 March 2026 | 57.37% | 12.72% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| David Moore | Investment Committee Member | 6 years, 11 months |
| Nigel Scott | Director, Investment Committee Member | 5 years, 4 months |
| Rupert Carlyon | Managing Director , Investment Committee Member | 7 years, 7 months |
| Warren Couillault | Chairman, Investment Committee Member | 6 years, 11 months |