ANZ New Zealand Investments Limited

High Growth Fund

Oneanswer KiwiSaver SchemeAggressive

What the provider says about this fund

The High Growth Fund invests in growth assets (equities, listed property and listed infrastructure), with a very small exposure to income assets (cash and cash equivalents and fixed interest). The fund may also invest in alternative assets. The High Growth Fund aims to achieve (after the fund charge and before tax) over the long term higher returns, allowing for larger ups and downs in value.

1-year return

11.09%

5-year return p.a.

5.59%

Total annual fee

0.95%

Fund size ($m)

67.1

Members

1,157

Inception date

3 August 2023

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

100.00%

Income assets

0.00%

Asset classActualTargetAverage for Aggressive funds
Australasian shares20.56%28.40%28.28%
Cash and equivalents0.00%5.00%1.31%
International shares69.06%66.60%59.89%
Unknown0.00%0.00%0.00%

Top 10 holdings

RankAssetAsset classAsset typeCountry% of fund
1Nvidia CorporationSharesInternational EquitiesUS2.39%
2Fisher and Paykel HealthcareSharesAustralasian EquitiesNZ2.18%
3Apple IncSharesInternational EquitiesUS2.13%
4Microsoft CorporationSharesInternational EquitiesUS1.35%
5Infratil LtdSharesAustralasian EquitiesNZ1.23%
6Auckland International AirportSharesAustralasian EquitiesNZ1.22%
7Contact Energy LtdSharesAustralasian EquitiesNZ1.15%
8Bank Deposit (USD BNP)CashCash and Cash EquivalentsUS1.13%
9Amazon Com IncSharesInternational EquitiesUS1.04%
10United States Treasury 180626 0.00 Govt. BondBondsInternational Fixed InterestUS0.90%

Fees

0.95% total annual fee

Fee typeFeeCost per year on a $30,000 balanceAverage for Aggressive funds
Management fees0.92%$2760.71%
Other fees0.03%$90.08%
Membership fees0.00%$00.05%
Total combined fees0.95%$2850.85%

Yearly returns

Year endingFund returnAverage for Aggressive funds
31 March 20252.61%4.58%
31 March 202611.09%12.72%

Key personnel

NamePositionTime in role
George CrosbyChief Investment Officer2 years, 1 month
Matthew MobbsHead of Fixed Interest and Cash2 months
Max LesserHead of Equities2 years, 10 months
Paul GregoryHead of Investment Partnerships2 years