FundRock NZ Limited

InvestNow Generate Focused Growth Fund

InvestNow KiwiSaver SchemeAggressive

What the provider says about this fund

Provides exposure to a diversified fund that invests into a portfolio weighted toward growth assets, but with a small allocation to income assets

1-year return

8.76%

5-year return p.a.

5.59%

Total annual fee

1.39%

Fund size ($m)

10.5

Members

633

Inception date

22 May 2023

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

Lower riskHigher risk

Growth assets

97.57%

Income assets

2.43%

Asset class	Actual	Target	Average for Aggressive funds
Australasian shares	25.53%	27.00%	28.28%
Cash and equivalents	2.42%	5.00%	1.31%
Commodities	0.00%	0.00%	0.09%
International bonds	0.00%	0.00%	0.17%
International shares	65.92%	65.00%	59.89%
Listed property	5.81%	3.00%	8.08%
New Zealand bonds	0.01%	0.00%	0.17%
Unknown	0.00%	0.00%	0.00%
Unlisted property	0.31%	0.00%	0.17%

Rank	Asset	Asset class	Asset type	Country	% of fund
1	Generate Focused Growth Managed Fund	Fund	Fund	NZ	100.00%

1.39% total annual fee

Fee type	Fee	Cost per year on a $30,000 balance	Average for Aggressive funds
Management fees	1.26%	$378	0.71%
Other fees	0.13%	$39	0.08%
Performance fees	0.00%	$0	0.00%
Membership fees	0.00%	$0	0.05%
Total combined fees	1.39%	$417	0.85%

Year ending	Fund return	Average for Aggressive funds
31 March 2025	5.06%	4.58%
31 March 2026	8.76%	12.72%

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