Koura Wealth Limited
NZ Property Fund
Koura KiwiSaver SchemeAggressive
What the provider says about this fund
To provide investors with an exposure to the New Zealand property market.
1-year return
-1.65%
5-year return p.a.
5.59%
Total annual fee
1.20%
Fund size ($m)
2.8
Members
2,523
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
99.43%
Income assets
0.57%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 99.43% | 99.00% | 28.28% |
| Cash and equivalents | 0.57% | 1.00% | 1.31% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Summerset Group Holdings Ltd | Shares | Australasian Equities | NZ | 14.30% |
| 2 | Ryman Healthcare Ltd | Shares | Australasian Equities | NZ | 13.65% |
| 3 | Precinct Properties NZ Ltd | Shares | Australasian Equities | NZ | 13.35% |
| 4 | Kiwi Property Group Ltd | Shares | Australasian Equities | NZ | 11.76% |
| 5 | Vital Healthcare Property Trust | Shares | Australasian Equities | NZ | 11.19% |
| 6 | Property for Industry Ltd | Shares | Australasian Equities | NZ | 9.13% |
| 7 | Argosy Property Trust | Shares | Australasian Equities | NZ | 7.71% |
| 8 | Goodman Property Trust | Shares | Australasian Equities | NZ | 6.46% |
| 9 | Stride Property Ltd and Stride Invest Mgmt Ltd | Shares | Australasian Equities | NZ | 4.95% |
| 10 | Oceania Healthcare Limited | Shares | Australasian Equities | NZ | 3.91% |
Fees
1.20% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 1.10% | $330 | 0.71% |
| Other fees | 0.00% | $0 | 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 | 3.36% | 16.43% |
| 31 March 2025 | -8.89% | 4.58% |
| 31 March 2026 | -1.65% | 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 |