Smartshares Limited

Quaystreet High Growth Fund

Quaystreet KiwiSaver SchemeAggressive

What the provider says about this fund

The QuayStreet High Growth Fund invests in a diversified portfolio with a greater emphasis on growth assets. The investment objective is to provide a level of return above the Fund’s benchmark over the long term.

1-year return

14.75%

5-year return p.a.

5.59%

Total annual fee

1.41%

Fund size ($m)

13.7

Members

292

Inception date

19 April 2024

Risk indicator

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

1
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Lower riskHigher risk

Investment mix

Growth assets

92.33%

Income assets

7.67%

Asset classActualTargetAverage for Aggressive funds
Australasian shares11.67%15.00%28.28%
Cash and equivalents4.11%1.00%1.31%
Commodities0.00%0.00%0.09%
International bonds1.03%1.00%0.17%
International shares80.21%80.00%59.89%
Listed property0.45%0.00%8.08%
New Zealand bonds2.53%3.00%0.17%
Unknown0.00%0.00%0.00%
Unlisted property0.00%0.00%0.17%

Top 10 holdings

RankAssetAsset classAsset typeCountry% of fund
1AlphabetSharesInternational EquitiesUS5.34%
2NVIDIASharesInternational EquitiesUS4.01%
3AppleSharesInternational EquitiesUS3.38%
4MicrosoftSharesInternational EquitiesUS3.03%
5Cash ANZNZ (NZD)CashCash and Cash EquivalentsNZ2.50%
6Amazon.ComSharesInternational EquitiesUS1.87%
7BroadcomSharesInternational EquitiesUS1.85%
8Meta PlatformsSharesInternational EquitiesUS1.72%
9Mitsui & CoSharesInternational EquitiesJP1.66%
10BHP BillitonSharesAustralasian EquitiesAU1.45%

Fees

1.41% total annual fee

Fee typeFeeCost per year on a $30,000 balanceAverage for Aggressive funds
Management fees0.56%$1680.71%
Other fees0.75%$2250.08%
Membership fees0.10%$300.05%
Total combined fees1.41%$4230.85%

Yearly returns

Year endingFund returnAverage for Aggressive funds
31 March 202614.75%12.72%

Key personnel

NamePositionTime in role
Alister John WilliamsDirector - Smart10 years, 4 months
Craig SmithPortfolio Manager, Fixed Interest - QuayStreet1 year, 11 months
Jon RabyDirector - Smart5 months
Roy CrossHead of Australasian Equities - QuayStreet1 month
Stefan StevanovicHead of International Equities - QuayStreet3 years, 1 month